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REGISTERED NUMBER: 08764693 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 30th June 2024

for

GAFF LIMITED

GAFF LIMITED (REGISTERED NUMBER: 08764693)






Contents of the Financial Statements
for the year ended 30th June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


GAFF LIMITED

Company Information
for the year ended 30th June 2024







DIRECTOR: J E Ben Sabat





REGISTERED OFFICE: Suffolk House
George Street
Croydon
Surrey
CR0 0YN





REGISTERED NUMBER: 08764693 (England and Wales)





ACCOUNTANTS: TC Group
Office: Croydon - TC SWP
3rd Floor, Suffolk House
George Street
Croydon
CR0 0YN

GAFF LIMITED (REGISTERED NUMBER: 08764693)

Statement of Financial Position
30th June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 130 317

CURRENT ASSETS
Debtors 5 339,692 297,962
Cash at bank 67,317 69,394
407,009 367,356
CREDITORS
Amounts falling due within one year 6 135,067 84,029
NET CURRENT ASSETS 271,942 283,327
TOTAL ASSETS LESS CURRENT LIABILITIES 272,072 283,644

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 272,062 283,634
SHAREHOLDERS' FUNDS 272,072 283,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27th March 2025 and were signed by:




J E Ben Sabat - Director


GAFF LIMITED (REGISTERED NUMBER: 08764693)

Notes to the Financial Statements
for the year ended 30th June 2024

1. STATUTORY INFORMATION

GAFF Limited 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.

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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

GAFF LIMITED (REGISTERED NUMBER: 08764693)

Notes to the Financial Statements - continued
for the year ended 30th June 2024

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1st July 2023
and 30th June 2024 1,939
DEPRECIATION
At 1st July 2023 1,622
Charge for year 187
At 30th June 2024 1,809
NET BOOK VALUE
At 30th June 2024 130
At 30th June 2023 317

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 68,707 6,185
Amounts owed by associates 265,016 279,988
Other debtors 223 -
Other loans 5,746 5,797
VAT - 5,992
339,692 297,962

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 1,237 1,237
Amounts owed to associates 61,173 61,118
Tax 9,356 1,790
VAT 10,274 -
Directors' current accounts 769 18,884
Accrued expenses 52,258 1,000
135,067 84,029