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Company Registration No. 13404770 (England and Wales)
Galladen Ltd Unaudited accounts for the year ended 31 May 2024
Galladen Ltd Unaudited accounts Contents
Page
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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
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Galladen Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
696 
1,044 
Current assets
Debtors
- 
2,006 
Cash at bank and in hand
1,517 
332 
1,517 
2,338 
Creditors: amounts falling due within one year
(1,596)
(2,040)
Net current (liabilities)/assets
(79)
298 
Net assets
617 
1,342 
Capital and reserves
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
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Galladen Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
3
Accounting policies
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
Basis of preparation
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 
£ 
Cost or valuation
At cost 
At 1 June 2023
1,554 
At 31 May 2024
1,554 
Depreciation
At 1 June 2023
510 
Charge for the year
348 
At 31 May 2024
858 
Net book value
At 31 May 2024
696 
At 31 May 2023
1,044 
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Galladen Ltd Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
2,006 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
696 
1,140 
Accruals
900 
900 
1,596 
2,040 
7
Average number of employees
During the year the average number of employees was 2 (2023: 0).
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