Registered Number 14294029

GEMS DRIVE LIMITED

Micro-entity Accounts

31 August 2024

GEMS DRIVE LIMITED Registered Number 14294029

Micro-entity Balance Sheet as at 31 August 2024

Notes 2024 2023
£ £
Fixed Assets
37,613
31,651
Current Assets
26,394
20,102
Creditors: amounts falling due within one year
(16,308)
(9,097)
Net current assets (liabilities)
10,086
11,005
Total assets less current liabilities
47,699
42,656
Creditors: amounts falling due after more than one year
(60,000)
(45,000)
Total net assets (liabilities)
(12,301)
(2,344)
Capital and reserves
(12,301)
(2,344)
  • For the year ending 31 August 2024 the company was entitled to exemption 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 directors acknowledge their 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 May 2025

And signed on their behalf by:
Muhammad Bilal, Director

GEMS DRIVE LIMITED Registered Number 14294029

Notes to the Micro-entity Accounts for the period ended 31 August 2024

1Employees
2024 2023
Average number of employees during the period 3 3