IRIS Accounts Production v24.3.2.46 10637577 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106375772023-03-31106375772024-03-31106375772023-04-012024-03-31106375772022-03-31106375772022-04-012023-03-31106375772023-03-3110637577ns15:EnglandWales2023-04-012024-03-3110637577ns14:PoundSterling2023-04-012024-03-3110637577ns10:Director12023-04-012024-03-3110637577ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110637577ns10:SmallEntities2023-04-012024-03-3110637577ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110637577ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110637577ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110637577ns10:FullAccounts2023-04-012024-03-3110637577ns10:OrdinaryShareClass12023-04-012024-03-3110637577ns10:RegisteredOffice2023-04-012024-03-3110637577ns5:CurrentFinancialInstruments2024-03-3110637577ns5:CurrentFinancialInstruments2023-03-3110637577ns5:ShareCapital2024-03-3110637577ns5:ShareCapital2023-03-3110637577ns5:RetainedEarningsAccumulatedLosses2024-03-3110637577ns5:RetainedEarningsAccumulatedLosses2023-03-3110637577ns5:LandBuildingsns5:ShortLeaseholdAssets2023-04-012024-03-3110637577ns5:PlantMachinery2023-04-012024-03-3110637577ns5:MotorVehicles2023-04-012024-03-3110637577ns5:LandBuildingsns5:ShortLeaseholdAssets2023-03-3110637577ns5:PlantMachinery2023-03-3110637577ns5:MotorVehicles2023-03-3110637577ns5:LandBuildingsns5:ShortLeaseholdAssets2024-03-3110637577ns5:PlantMachinery2024-03-3110637577ns5:MotorVehicles2024-03-3110637577ns5:LandBuildingsns5:ShortLeaseholdAssets2023-03-3110637577ns5:PlantMachinery2023-03-3110637577ns5:MotorVehicles2023-03-3110637577ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3110637577ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3110637577ns5:AcceleratedTaxDepreciationDeferredTax2024-03-3110637577ns5:AcceleratedTaxDepreciationDeferredTax2023-03-3110637577ns5:DeferredTaxation2023-03-3110637577ns5:DeferredTaxation2023-04-012024-03-3110637577ns5:DeferredTaxation2024-03-3110637577ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 10637577 (England and Wales)















Gazzella Earthworks Ltd

Unaudited Financial Statements For The Year Ended 31 March 2024






Gazzella Earthworks Ltd (Registered number: 10637577)






Contents of the Financial Statements
For The Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Gazzella Earthworks Ltd

Company Information
For The Year Ended 31 March 2024







DIRECTOR: J R Saul





REGISTERED OFFICE: Burntwood Office Park
Brierley Common
Brierley
Barnsley
South Yorkshire
S72 9ET





REGISTERED NUMBER: 10637577 (England and Wales)





ACCOUNTANTS: Kingswood Allotts Limited
Chartered Accountants
Sidings Court
Lakeside
Doncaster
South Yorkshire
DN4 5NU

Gazzella Earthworks Ltd (Registered number: 10637577)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 145,605 161,325

CURRENT ASSETS
Debtors 5 789,452 369,909
Cash at bank 766,584 1,062,787
1,556,036 1,432,696
CREDITORS
Amounts falling due within one year 6 243,825 280,015
NET CURRENT ASSETS 1,312,211 1,152,681
TOTAL ASSETS LESS CURRENT LIABILITIES 1,457,816 1,314,006

PROVISIONS FOR LIABILITIES 7 36,401 38,950
NET ASSETS 1,421,415 1,275,056

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 1,421,315 1,274,956
SHAREHOLDERS' FUNDS 1,421,415 1,275,056

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 February 2025 and were signed by:





J R Saul - Director


Gazzella Earthworks Ltd (Registered number: 10637577)

Notes to the Financial Statements
For The Year Ended 31 March 2024

1. STATUTORY INFORMATION

Gazzella Earthworks Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The financial statements are presented in Sterling (£), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services
Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- The amount of turnover can be measured reliably;
- It is probable that the company will receive the consideration due under the contract;
- The stage of completion of the contract at the end of the reporting period can be measured reliably; and
-The costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Short leasehold - 10% on cost
Plant and machinery - 25% on cost
Motor vehicles - 20% on cost

Financial instruments
The company has elected to apply Sections 11 and 12 FRS 102 in respect of financial instruments.

Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Gazzella Earthworks Ltd (Registered number: 10637577)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Short Plant and Motor
leasehold machinery vehicles Totals
£    £    £    £   
COST
At 1 April 2023 11,061 216,510 20,759 248,330
Additions - 22,970 15,969 38,939
At 31 March 2024 11,061 239,480 36,728 287,269
DEPRECIATION
At 1 April 2023 5,530 76,970 4,505 87,005
Charge for year 1,106 47,272 6,281 54,659
At 31 March 2024 6,636 124,242 10,786 141,664
NET BOOK VALUE
At 31 March 2024 4,425 115,238 25,942 145,605
At 31 March 2023 5,531 139,540 16,254 161,325

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 128,339 169,072
Other debtors 661,113 200,837
789,452 369,909

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 20,180 55,130
Taxation and social security 85,910 112,154
Other creditors 137,735 112,731
243,825 280,015

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 36,401 38,950

Gazzella Earthworks Ltd (Registered number: 10637577)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 38,950
Provided during year (2,549 )
Balance at 31 March 2024 36,401

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100