Company Registration No. 14157156 (England and Wales)
Gilbert Tech Limited
Unaudited accounts
for the year ended 30 June 2024
Gilbert Tech Limited
Unaudited accounts
Contents
Gilbert Tech Limited
Company Information
for the year ended 30 June 2024
Director
Alexander Steven Gilbert
Company Number
14157156 (England and Wales)
Registered Office
79 Knighton Way Lane
Denham
Uxbridge
UB9 4EH
England
Accountants
Embrace Accountants Ltd
37 St. Leonards Drive
Nottingham
NG8 2BB
Gilbert Tech Limited
Statement of financial position
as at 30 June 2024
Called up share capital not paid
1
1
Cash at bank and in hand
734
404
Creditors: amounts falling due within one year
(1,255)
(850)
Net current liabilities
(521)
(446)
Net liabilities
(262)
(445)
Called up share capital
1
1
Profit and loss account
(263)
(446)
Shareholders' funds
(262)
(445)
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 23 April 2025 and were signed on its behalf by
Alexander Steven Gilbert
Director
Company Registration No. 14157156
Gilbert Tech Limited
Notes to the Accounts
for the year ended 30 June 2024
Gilbert Tech Limited is a private company, limited by shares, registered in England and Wales, registration number 14157156. The registered office is 79 Knighton Way Lane, Denham, Uxbridge, UB9 4EH, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Investments in shares are included at fair value.
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is
recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other
comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or
directly in capital and reserves, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax
expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements.
The director has a reasonable expectation that the Company has adequate resources to continue in operational existence
and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements.
Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.
Gilbert Tech Limited
Notes to the Accounts
for the year ended 30 June 2024
4
Investments
Other investments
Valuation at 1 July 2023
-
Valuation at 30 June 2024
258
5
Creditors: amounts falling due within one year
2024
2023
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).