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Company Registration No. 07622026 (England and Wales)
GYY Ltd Unaudited accounts for the year ended 31 May 2024
GYY Ltd Unaudited accounts Contents
Page
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GYY Ltd Company Information for the year ended 31 May 2024
Director
Diana YONCHEVA
Company Number
07622026 (England and Wales)
Registered Office
93a Scarle Road Wembley Middlesex HA0 4SS
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GYY Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
12,288 
12,539 
Cash at bank and in hand
47,885 
41,332 
60,173 
53,871 
Creditors: amounts falling due within one year
(38,557)
(46,845)
Net current assets
21,616 
7,026 
Net assets
21,616 
7,026 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
21,516 
6,926 
Shareholders' funds
21,616 
7,026 
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 director acknowledges her 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 and authorised for issue on 25 February 2025 and were signed on its behalf by
Diana YONCHEVA Director Company Registration No. 07622026
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GYY Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
GYY Ltd is a private company, limited by shares, registered in England and Wales, registration number 07622026. The registered office is 93a Scarle Road, Wembley, Middlesex, HA0 4SS.
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
748 
Other debtors
12,288 
11,791 
12,288 
12,539 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
6,237 
6,175 
Other creditors
13,720 
1,670 
Loans from directors
18,600 
39,000 
38,557 
46,845 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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