Company Registration No. 10805130 (England and Wales)
G59 Projects Ltd
Unaudited accounts
for the year ended 30 June 2024
G59 Projects Ltd
Unaudited accounts
Contents
G59 Projects Ltd
Company Information
for the year ended 30 June 2024
Directors
N R Green
N Green
Company Number
10805130 (England and Wales)
Registered Office
Unit 3-4
Radnor Park Industrial Estate
Congleton
Cheshire
CW12 4XJ
England
G59 Projects Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
63,702
34,407
Cash at bank and in hand
262,154
179,194
Creditors: amounts falling due within one year
(342,321)
(297,191)
Net current assets/(liabilities)
62,524
(5,606)
Total assets less current liabilities
126,226
28,801
Creditors: amounts falling due after more than one year
(83,575)
-
Called up share capital
100
100
Profit and loss account
42,551
28,701
Shareholders' funds
42,651
28,801
For the year ending 30 June 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 14 March 2025 and were signed on its behalf by
N R Green
Director
Company Registration No. 10805130
G59 Projects Ltd
Notes to the Accounts
for the year ended 30 June 2024
G59 Projects Ltd is a private company, limited by shares, registered in England and Wales, registration number 10805130. The registered office is Unit 3-4, Radnor Park Industrial Estate, Congleton, Cheshire, CW12 4XJ, England.
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:
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
5,217
19,413
14,441
39,071
Additions
23,509
456
15,960
39,925
At 30 June 2024
28,726
19,869
30,401
78,996
At 1 July 2023
16
324
4,324
4,664
Charge for the year
2,878
3,958
3,794
10,630
At 30 June 2024
2,894
4,282
8,118
15,294
At 30 June 2024
25,832
15,587
22,283
63,702
At 30 June 2023
5,201
19,089
10,117
34,407
G59 Projects Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
98,427
87,604
Other debtors
24,264
24,787
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
73,700
Trade creditors
219,627
73,877
Taxes and social security
67,047
48,024
Other creditors
11,859
2,450
Loans from directors
6,794
-
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).