Company Registration No. 07932986 (England and Wales)
GLOUCESTER ROAD COMMUNICATIONS LIMITED
Unaudited accounts
for the year ended 31 May 2024
GLOUCESTER ROAD COMMUNICATIONS LIMITED
Unaudited accounts
Contents
GLOUCESTER ROAD COMMUNICATIONS LIMITED
Company Information
for the year ended 31 May 2024
Directors
Amanda Hayhurst
Stuart Irving
Company Number
07932986 (England and Wales)
Registered Office
The Limes
12 Broad Street
Brinklow
Warwickshire
CV23 0LN
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
GLOUCESTER ROAD COMMUNICATIONS LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
5,333
5,827
Creditors: amounts falling due within one year
(8,906)
(11,789)
Net current assets
4,492
4,291
Total assets less current liabilities
9,825
10,118
Creditors: amounts falling due after more than one year
(6,000)
(9,000)
Called up share capital
100
100
Profit and loss account
3,725
1,018
Shareholders' funds
3,825
1,118
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2025 and were signed on its behalf by
Amanda Hayhurst
Director
Company Registration No. 07932986
GLOUCESTER ROAD COMMUNICATIONS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
GLOUCESTER ROAD COMMUNICATIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07932986. The registered office is The Limes, 12 Broad Street, Brinklow, Warwickshire, CV23 0LN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
GLOUCESTER ROAD COMMUNICATIONS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Other debtors
9,669
15,712
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,888
9,434
Trade creditors
(3,195)
1,218
Taxes and social security
5,213
6
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
6,000
9,000
GLOUCESTER ROAD COMMUNICATIONS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan 0% interest, on demand
15,712
4,297
10,339
9,670
15,712
4,297
10,339
9,670
During the year, A Hayhurst was granted a short term loan. The maximum liability during the year was £15,712 and the amount owed at 31st May 2024 was £9,670. The loan is repayable on demand. Interest at the rate of 0% per annum is charged on the loan.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).