Registered number
09886009
GHL (Staffordshire) Limited
Filleted Accounts
30 November 2024
GHL (Staffordshire) Limited
Registered number: 09886009
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 1,000 2,000
Tangible assets 4 11,895 8,073
12,895 10,073
Current assets
Debtors 5 22,728 12,870
Cash at bank and in hand 87,824 150,303
110,552 163,173
Creditors: amounts falling due within one year 6 (22,878) (49,020)
Net current assets 87,674 114,153
Net assets 100,569 124,226
Capital and reserves
Called up share capital 100 100
Profit and loss account 100,469 124,126
Shareholders' funds 100,569 124,226
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
G Hancock
Director
Approved by the board on 20 May 2025
GHL (Staffordshire) Limited
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles over 4 years
Debtors
Short term debtors are measured at transaction price.
Creditors
Short term creditors are measured at transaction price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Intangible fixed assets £
Goodwill:
Cost
At 1 December 2023 10,000
At 30 November 2024 10,000
Amortisation
At 1 December 2023 8,000
Provided during the year 1,000
At 30 November 2024 9,000
Net book value
At 30 November 2024 1,000
At 30 November 2023 2,000
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
4 Tangible fixed assets
Motor vehicles
£
Cost
At 1 December 2023 16,850
Additions 11,895
Disposals (16,850)
At 30 November 2024 11,895
Depreciation
At 1 December 2023 8,777
Charge for the year 4,213
On disposals (12,990)
At 30 November 2024 -
Net book value
At 30 November 2024 11,895
At 30 November 2023 8,073
5 Debtors 2024 2023
£ £
Trade debtors 22,728 12,870
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 5,450 14,774
Taxation and social security costs 16,423 31,721
Other creditors 1,005 2,525
22,878 49,020
7 Other information
GHL (Staffordshire) Limited is a private company limited by shares and incorporated in England. Its registered office is:
3 Old Wood Farm
Blithbury Road
Rugeley
WS15 3HW
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