IRIS Accounts Production v25.1.0.734 09544190 director 1.5.23 30.4.24 30.4.24 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh095441902023-04-30095441902024-04-30095441902023-05-012024-04-30095441902022-04-30095441902022-05-012023-04-30095441902023-04-3009544190ns15:EnglandWales2023-05-012024-04-3009544190ns14:PoundSterling2023-05-012024-04-3009544190ns10:Director12023-05-012024-04-3009544190ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3009544190ns10:SmallEntities2023-05-012024-04-3009544190ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3009544190ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3009544190ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3009544190ns10:FullAccounts2023-05-012024-04-300954419012023-05-012024-04-3009544190ns10:CompanySecretary12023-05-012024-04-3009544190ns10:RegisteredOffice2023-05-012024-04-3009544190ns5:CurrentFinancialInstruments2024-04-3009544190ns5:CurrentFinancialInstruments2023-04-3009544190ns5:Non-currentFinancialInstruments2024-04-3009544190ns5:Non-currentFinancialInstruments2023-04-3009544190ns5:RetainedEarningsAccumulatedLosses2024-04-3009544190ns5:RetainedEarningsAccumulatedLosses2023-04-3009544190ns5:NetGoodwill2023-05-012024-04-3009544190ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3009544190ns5:PlantMachinery2023-05-012024-04-3009544190ns5:NetGoodwill2023-04-3009544190ns5:NetGoodwill2024-04-3009544190ns5:NetGoodwill2023-04-3009544190ns5:PlantMachinery2023-04-3009544190ns5:PlantMachinery2024-04-3009544190ns5:PlantMachinery2023-04-3009544190ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3009544190ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 09544190 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Gift & Go Limited

Gift & Go Limited (Registered number: 09544190)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gift & Go Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: B R D Barker





SECRETARY:





REGISTERED OFFICE: 1 Vale Gardens
Ilkley
United Kingdom
West Yorkshire
LS29 8LB





REGISTERED NUMBER: 09544190 (England and Wales)





ACCOUNTANTS: Isaacs
Trust House C/O Isaacs
St James Business Park
5 New Augustus Street
Bradford
West Yorkshire
BD1 5LL

Gift & Go Limited (Registered number: 09544190)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 20,000 20,000
Tangible assets 5 11,008 13,761
31,008 33,761

CURRENT ASSETS
Stocks 4,000 4,000
Debtors 6 38,858 31,569
Cash at bank and in hand 62,938 38,672
105,796 74,241
CREDITORS
Amounts falling due within one year 7 55,884 53,364
NET CURRENT ASSETS 49,912 20,877
TOTAL ASSETS LESS CURRENT
LIABILITIES

80,920

54,638

CREDITORS
Amounts falling due after more than one
year

8

11,592

17,052
NET ASSETS 69,328 37,586

RESERVES
Retained earnings 69,328 37,586
SHAREHOLDERS' FUNDS 69,328 37,586

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Gift & Go Limited (Registered number: 09544190)

Balance Sheet - continued
30 April 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 April 2025 and were signed by:





B R D Barker - Director


Gift & Go Limited (Registered number: 09544190)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Gift & Go Limited (Registered number: 09544190)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 20,000
NET BOOK VALUE
At 30 April 2024 20,000
At 30 April 2023 20,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 28,546
DEPRECIATION
At 1 May 2023 14,785
Charge for year 2,753
At 30 April 2024 17,538
NET BOOK VALUE
At 30 April 2024 11,008
At 30 April 2023 13,761

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 38,858 31,569

Gift & Go Limited (Registered number: 09544190)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 25,977 21,447
Taxation and social security 29,472 27,652
Other creditors 435 4,265
55,884 53,364

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 11,592 17,052

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 11,592 17,052