Company Registration No. 13404770 (England and Wales)
Galladen Ltd
Unaudited accounts
for the year ended 31 May 2024
Galladen Ltd
Unaudited accounts
Contents
Galladen Ltd
Company Information
for the year ended 31 May 2024
Directors
Amy Laura Cudden
Augustine Richard Gallagher
Company Number
13404770 (England and Wales)
Registered Office
2 LEETE DRIVE
COLCHESTER
ESSEX
CO1 1FW
UNITED KINGDOM
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
Galladen Ltd
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
1,517
332
Creditors: amounts falling due within one year
(1,596)
(2,040)
Net current (liabilities)/assets
(79)
298
Called up share capital
2
2
Profit and loss account
615
1,340
Shareholders' funds
617
1,342
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 26 February 2025 and were signed on its behalf by
Amy Laura Cudden
Director
Company Registration No. 13404770
Galladen Ltd
Notes to the Accounts
for the year ended 31 May 2024
Galladen Ltd is a private company, limited by shares, registered in England and Wales, registration number 13404770. The registered office is 2 LEETE DRIVE, COLCHESTER, ESSEX, CO1 1FW, UNITED KINGDOM.
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 are presented in £ sterling.
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. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% Straight line
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
4
Tangible fixed assets
Computer equipment
Galladen Ltd
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
696
1,140
7
Average number of employees
During the year the average number of employees was 2 (2023: 0).