1 October 2023 false No description of principal activity Taxfiler 2024.6 04445880business:PrivateLimitedCompanyLtd2023-10-012024-09-30 044458802023-09-30 044458802023-10-012024-09-30 04445880business:AuditExemptWithAccountantsReport2023-10-012024-09-30 04445880business:FilletedAccounts2023-10-012024-09-30 044458802024-09-30 04445880business:Director12023-10-012024-09-30 04445880business:RegisteredOffice2023-10-012024-09-30 044458802023-09-30 04445880core:WithinOneYear2024-09-30 04445880core:WithinOneYear2023-09-30 04445880core:AfterOneYear2024-09-30 04445880core:AfterOneYear2023-09-30 04445880core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 04445880core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 04445880core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 04445880core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 04445880core:PreviouslyStatedAmount2024-09-30 04445880core:PreviouslyStatedAmount2023-09-30 04445880business:SmallEntities2023-10-012024-09-30 04445880countries:EnglandWales2023-10-012024-09-30 04445880core:LandBuildings2023-10-012024-09-30 04445880core:PlantMachinery2023-10-012024-09-30 04445880core:LandBuildings2023-09-30 04445880core:PlantMachinery2023-09-30 04445880core:FurnitureFittings2023-09-30 04445880core:FurnitureFittings2023-10-012024-09-30 04445880core:LandBuildings2024-09-30 04445880core:PlantMachinery2024-09-30 04445880core:FurnitureFittings2024-09-30 044458802022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 04445880 (England and Wales)
Guemsujeo Ltd Unaudited accounts for the year ended 30 September 2024
Guemsujeo Ltd Unaudited accounts Contents
Page
- 2 -
Guemsujeo Ltd Company Information for the year ended 30 September 2024
Director
J H Kim
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
- 3 -
Guemsujeo Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,658 
21,808 
Current assets
Inventories
6,955 
6,435 
Debtors
35,597 
29,666 
Cash at bank and in hand
340,982 
302,319 
383,534 
338,420 
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 
Capital and reserves
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
- 4 -
Guemsujeo Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
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.
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:
Land & buildings
Over the life of the lease
Plant & machinery
25% on reducing balance
Inventories
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
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.
Pension 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.
- 5 -
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 
Depreciation
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 
Net book value
At 30 September 2024
13,619 
4,586 
7,453 
25,658 
At 30 September 2023
15,480 
4,856 
1,472 
21,808 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,945 
1,997 
Accrued income and prepayments
12,966 
12,669 
Other debtors
20,686 
15,000 
35,597 
29,666 
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 
Other creditors
7,753 
- 
Accruals
11,671 
19,765 
131,538 
131,116 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,039 
17,369 
Loans from directors
- 
11,428 
7,039 
28,797 
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).
9
Average number of employees
During the year the average number of employees was 13 (2023: 13).
- 6 -