Company Registration No. 04445880 (England and Wales)
Guemsujeo Ltd
Unaudited accounts
for the year ended 30 September 2024
Guemsujeo Ltd
Unaudited accounts
Contents
Guemsujeo Ltd
Company Information
for the year ended 30 September 2024
Company Number
04445880 (England and Wales)
Registered Office
Tuite Tang Wong
15 The Broadway
Woodford Green
Essex
IG8 0HL
England
Accountants
Tuite Tang Wong
Chartered Certified Accountants
15 The Broadway
Woodford Green
Essex
IG8 0HL
Guemsujeo Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
25,658
21,808
Cash at bank and in hand
340,982
302,319
Creditors: amounts falling due within one year
(131,538)
(131,116)
Net current assets
251,996
207,304
Total assets less current liabilities
277,654
229,112
Creditors: amounts falling due after more than one year
(7,039)
(28,797)
Net assets
270,615
200,315
Called up share capital
100
100
Profit and loss account
270,515
200,215
Shareholders' funds
270,615
200,315
For the year ending 30 September 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 23 June 2025 and were signed on its behalf by
J H Kim
Director
Company Registration No. 04445880
Guemsujeo Ltd
Notes to the Accounts
for the year ended 30 September 2024
Guemsujeo Ltd is a private company, limited by shares, registered in England and Wales, registration number 04445880. The registered office is Tuite Tang Wong , 15 The Broadway, Woodford Green, Essex, IG8 0HL, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
Over the life of the lease
Plant & machinery
25% on reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Guemsujeo Ltd
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
150,390
56,165
59,571
266,126
Additions
-
1,315
8,465
9,780
At 30 September 2024
150,390
57,480
68,036
275,906
At 1 October 2023
134,910
51,309
58,099
244,318
Charge for the year
1,861
1,585
2,484
5,930
At 30 September 2024
136,771
52,894
60,583
250,248
At 30 September 2024
13,619
4,586
7,453
25,658
At 30 September 2023
15,480
4,856
1,472
21,808
Amounts falling due within one year
Accrued income and prepayments
12,966
12,669
Other debtors
20,686
15,000
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,332
10,077
Trade creditors
32,356
31,777
Taxes and social security
69,426
69,497
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
-
11,428
8
Transactions with related parties
At the year end, the outstanding amount due from the director of the company was £5,686 (2023: due to the director £11,427).
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Average number of employees
During the year the average number of employees was 13 (2023: 13).