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Company Registration No. 14887934 (England and Wales)
GIF RED LTD Unaudited accounts for the year ended 31 May 2025
GIF RED LTD Unaudited accounts Contents
Page
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GIF RED LTD Company Information for the year ended 31 May 2025
Director
CIOBANU, Andreea
Company Number
14887934 (England and Wales)
Registered Office
Yard 14, Site 1 Earle Rd Widnes WA8 0TB United Kingdom
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GIF RED LTD Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
48,753 
- 
Current assets
Debtors
1,694 
- 
Cash at bank and in hand
509 
- 
2,203 
- 
Creditors: amounts falling due within one year
(191,142)
(19,211)
Net current liabilities
(188,939)
(19,211)
Net liabilities
(140,186)
(19,211)
Capital and reserves
Profit and loss account
(140,186)
(19,211)
Shareholders' funds
(140,186)
(19,211)
For the year ending 31 May 2025 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 her 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 18 June 2025 and were signed on its behalf by
CIOBANU, Andreea Director Company Registration No. 14887934
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GIF RED LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
GIF RED LTD is a private company, limited by shares, registered in England and Wales, registration number 14887934. The registered office is Yard 14, Site 1, Earle Rd, Widnes, WA8 0TB, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
4
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2024
- 
Additions
81,325 
At 31 May 2025
81,325 
Depreciation
Charge for the year
32,572 
At 31 May 2025
32,572 
Net book value
At 31 May 2025
48,753 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
1,694 
- 
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GIF RED LTD Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Other creditors
- 
19,211 
Loans from directors
191,142 
- 
191,142 
19,211 
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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