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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
Page
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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
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Gilbert Tech Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
1 
1 
Fixed assets
Investments
258 
- 
Current assets
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)
Capital and reserves
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
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Gilbert Tech Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
Investments in shares are included at fair value.
Taxation
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.
Going concern
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.
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Gilbert Tech Limited Notes to the Accounts for the year ended 30 June 2024
4
Investments
Other investments 
£ 
Valuation at 1 July 2023
- 
Additions
250 
Fair value adjustments
8 
Valuation at 30 June 2024
258 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
860 
850 
Accruals
395 
- 
1,255 
850 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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