Company Registration No. 12752258 (England and Wales)
GAJAS LTD
Unaudited accounts
for the year ended 30 June 2024
GAJAS LTD
Unaudited accounts
Contents
GAJAS LTD
Company Information
for the year ended 30 June 2024
Director
Samuel CANTARELLI
Company Number
12752258 (England and Wales)
Registered Office
29 HENNIKER ROAD
IPSWICH
SUFFOLK
IP1 5HF
ENGLAND
Accountants
Pro Tax Plus Accountants
Mitre House
2 Bond Street
Ipswich
Suffolk
IP4 1JE
GAJAS LTD
Statement of financial position
as at 30 June 2024
Intangible assets
125,800
125,800
Tangible assets
31,591
36,362
Cash at bank and in hand
26,598
23,110
Creditors: amounts falling due within one year
(32,627)
(51,357)
Net current assets
29,626
3,307
Total assets less current liabilities
187,017
165,469
Creditors: amounts falling due after more than one year
(126,474)
(126,475)
Called up share capital
1
1
Profit and loss account
60,542
38,993
Shareholders' funds
60,543
38,994
For the year ending 30 June 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 18 June 2024 and were signed on its behalf by
Samuel CANTARELLI
Director
Company Registration No. 12752258
GAJAS LTD
Notes to the Accounts
for the year ended 30 June 2024
GAJAS LTD is a private company, limited by shares, registered in England and Wales, registration number 12752258. The registered office is 29 HENNIKER ROAD, IPSWICH, SUFFOLK, IP1 5HF, 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:
Plant & machinery
10% Straight Line
Fixtures & fittings
10% Straight Line
Computer equipment
20% Reducing Balance
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 July 2023
56,000
69,800
125,800
At 30 June 2024
56,000
69,800
125,800
At 30 June 2024
56,000
69,800
125,800
At 30 June 2023
56,000
69,800
125,800
GAJAS LTD
Notes to the Accounts
for the year ended 30 June 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
29,686
21,000
1,162
51,848
At 30 June 2024
29,686
21,000
1,584
52,270
At 1 July 2023
8,604
6,300
582
15,486
Charge for the year
2,969
2,100
124
5,193
At 30 June 2024
11,573
8,400
706
20,679
At 30 June 2024
18,113
12,600
878
31,591
At 30 June 2023
21,082
14,700
580
36,362
Amounts falling due within one year
Trade debtors
32,359
28,258
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,297
-
Trade creditors
34,907
32,647
Taxes and social security
17,857
7,738
Other creditors
1,993
2,136
Loans from directors
(31,649)
-
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
96,380
96,380
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
GAJAS LTD
Notes to the Accounts
for the year ended 30 June 2024
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).