Company Registration No. 06642840 (England and Wales)
GAMS LTD
Unaudited accounts
for the year ended 30 June 2024
GAMS LTD
Unaudited accounts
Contents
GAMS LTD
Company Information
for the year ended 30 June 2024
Company Number
06642840 (England and Wales)
Registered Office
22 LICHFIELD AVENUE
HALE
ALTRINCHAM
CHESHIRE
WA15 8PG
GAMS LTD
Statement of financial position
as at 30 June 2024
Tangible assets
10,274
8,416
Cash at bank and in hand
42,707
50,773
Creditors: amounts falling due within one year
(96,646)
(95,611)
Net current assets
1,067
8,668
Total assets less current liabilities
11,341
17,084
Creditors: amounts falling due after more than one year
(11,117)
(16,967)
Called up share capital
100
100
Profit and loss account
124
17
Shareholders' funds
224
117
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 director acknowledges his 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 5 March 2025 and were signed on its behalf by
Rehan Ahmed
Director
Company Registration No. 06642840
GAMS LTD
Notes to the Accounts
for the year ended 30 June 2024
GAMS LTD is a private company, limited by shares, registered in England and Wales, registration number 06642840. The registered office is 22 LICHFIELD AVENUE, HALE, ALTRINCHAM, CHESHIRE, WA15 8PG.
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% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Other debtors
55,006
53,506
GAMS LTD
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
20,587
15,883
Other creditors
2,212
1,942
Loans from directors
66,481
72,678
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 2 (2023: 2).