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Company Registration No. 10274967 (England and Wales)
Gavmay Development Services Ltd Unaudited accounts for the year ended 31 July 2024
Gavmay Development Services Ltd Unaudited accounts Contents
Page
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Gavmay Development Services Ltd Company Information for the year ended 31 July 2024
Director
Mr Garvin Osemundiamen Okoror
Secretary
Mrs Shekoyemi Mary Okoror
Company Number
10274967 (England and Wales)
Registered Office
1 Discovery Close Coalville Leicestershire LE67 3AW England
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Gavmay Development Services Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
18,000 
19,000 
Cash at bank and in hand
701 
2,968 
18,701 
21,968 
Creditors: amounts falling due within one year
(7,664)
(10,448)
Net current assets
11,037 
11,520 
Net assets
11,037 
11,520 
Capital and reserves
Called up share capital
50 
50 
Profit and loss account
10,987 
11,470 
Shareholders' funds
11,037 
11,520 
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 25 April 2025 and were signed on its behalf by
Mr Garvin Osemundiamen Okoror Director Company Registration No. 10274967
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Gavmay Development Services Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Gavmay Development Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 10274967. The registered office is 1 Discovery Close, Coalville, Leicestershire, LE67 3AW, 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 remained unchanged from the previous year, and also 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 from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
18,000 
19,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,764 
8,506 
Taxes and social security
356 
593 
Loans from directors
1,184 
989 
Accruals
360 
360 
7,664 
10,448 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
50 Ordinary shares of £1 each
50 
50 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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