Company Registration No. 13527202 (England and Wales)
Gsw Developments Ltd
Unaudited accounts
for the year ended 31 July 2024
Gsw Developments Ltd
Unaudited accounts
Contents
Gsw Developments Ltd
Company Information
for the year ended 31 July 2024
Company Number
13527202 (England and Wales)
Gsw Developments Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
11,940
15,985
Cash at bank and in hand
20,367
6,298
Creditors: amounts falling due within one year
(35,432)
(49,739)
Net current assets
22,304
10,146
Called up share capital
100
100
Profit and loss account
34,144
26,031
Shareholders' funds
34,244
26,131
For the year ending 31 July 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 10 January 2025 and were signed on its behalf by
Graham Wild
Director
Company Registration No. 13527202
Gsw Developments Ltd
Notes to the Accounts
for the year ended 31 July 2024
Gsw Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 13527202.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
3 year straight line
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2023
20,994
378
21,372
At 31 July 2024
20,994
378
21,372
At 1 August 2023
5,313
74
5,387
Charge for the year
3,920
125
4,045
At 31 July 2024
9,233
199
9,432
At 31 July 2024
11,761
179
11,940
At 31 July 2023
15,681
304
15,985
Gsw Developments Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Accrued income and prepayments
1,063
740
Other debtors
1,862
10,818
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
6,020
24,631
Taxes and social security
5,198
6,765
Loans from directors
23,254
17,166
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).