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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
Page
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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
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G59 Projects Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
63,702 
34,407 
Current assets
Inventories
20,000 
- 
Debtors
122,691 
112,391 
Cash at bank and in hand
262,154 
179,194 
404,845 
291,585 
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)
- 
Net assets
42,651 
28,801 
Capital and reserves
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
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G59 Projects Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
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.
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 
Depreciation
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 
Net book value
At 30 June 2024
25,832 
15,587 
22,283 
63,702 
At 30 June 2023
5,201 
19,089 
10,117 
34,407 
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G59 Projects Ltd Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
98,427 
87,604 
Other debtors
24,264 
24,787 
122,691 
112,391 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
73,700 
VAT
35,794 
97,940 
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 
- 
Accruals
1,200 
1,200 
342,321 
297,191 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
83,575 
- 
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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