GJL 2018 LIMITED

Company Registration Number:
11437742 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

GJL 2018 LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

GJL 2018 LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 4,000 5,000
Tangible assets: 4 11,917 15,540
Total fixed assets: 15,917 20,540
Current assets
Debtors:   454,930 274,394
Cash at bank and in hand: 2,331 93,450
Total current assets: 457,261 367,844
Creditors: amounts falling due within one year:   (446,273) (355,199)
Net current assets (liabilities): 10,988 12,645
Total assets less current liabilities: 26,905 33,185
Creditors: amounts falling due after more than one year:   (22,393) (29,327)
Provision for liabilities: (2,979) (2,953)
Total net assets (liabilities): 1,533 905
Capital and reserves
Called up share capital: 101 101
Profit and loss account: 1,432 804
Shareholders funds: 1,533 905

The notes form part of these financial statements

GJL 2018 LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 March 2025
and signed on behalf of the board by:

Name: Mr R Lucas
Status: Director

The notes form part of these financial statements

GJL 2018 LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:- Computers 25% straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss Other option for above

Intangible fixed assets and amortisation policy

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years.

GJL 2018 LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 19 16

GJL 2018 LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Intangible Assets

Total
Cost £
At 01 July 2023 10,000
At 30 June 2024 10,000
Amortisation
At 01 July 2023 5,000
Charge for year 1,000
At 30 June 2024 6,000
Net book value
At 30 June 2024 4,000
At 30 June 2023 5,000

GJL 2018 LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible Assets

Total
Cost £
At 01 July 2023 25,111
Additions 2,116
At 30 June 2024 27,227
Depreciation
At 01 July 2023 9,571
Charge for year 5,739
At 30 June 2024 15,310
Net book value
At 30 June 2024 11,917
At 30 June 2023 15,540