Company Registration No. 13712572 (England and Wales)
Gurol Ltd
Unaudited accounts
for the year ended 31 March 2025
Gurol Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
11,628
18,264
Cash at bank and in hand
2,110
3,798
Creditors: amounts falling due within one year
(13,399)
(19,348)
Net current liabilities
(11,278)
(15,470)
Called up share capital
100
100
Profit and loss account
250
2,694
Shareholders' funds
350
2,794
For the year ending 31 March 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 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 1 July 2025 and were signed on its behalf by
Gurol Parlan
Director
Company Registration No. 13712572
Gurol Ltd
Notes to the Accounts
for the year ended 31 March 2025
Gurol Ltd is a private company, limited by shares, registered in England and Wales, registration number 13712572. The registered office is 52 Cedar Walk, Waltham Abby, Epping, EN9 1SG, 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.
These financial statements for the year ended
31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note
8 below.
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:
Motor vehicles
15% Reducing Balance
Fixtures & fittings
20% Straight Line
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
21,700
1,574
23,274
Disposals
(6,000)
-
(6,000)
At 31 March 2025
15,700
1,574
17,274
At 1 April 2024
4,275
735
5,010
Charge for the year
1,959
315
2,274
On disposals
(1,638)
-
(1,638)
At 31 March 2025
4,596
1,050
5,646
At 31 March 2025
11,104
524
11,628
At 31 March 2024
17,425
839
18,264
Gurol Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
7,406
4,381
Taxes and social security
4,958
3,785
Loans from directors
1,035
11,182
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
8
Reconciliations on adoption of FRS 102