GIFT ENTERPRISES LIMITED

Company Registration Number:
08908656 (England and Wales)

Unaudited abridged accounts for the year ended 29 October 2024

Period of accounts

Start date: 30 April 2023

End date: 29 October 2024

GIFT ENTERPRISES LIMITED

Contents of the Financial Statements

for the Period Ended 29 October 2024

Balance sheet
Notes

GIFT ENTERPRISES LIMITED

Balance sheet

As at 29 October 2024


Notes

18 months to 29 October 2024

2023


£

£
Fixed assets
Tangible assets: 3 3,845 4,519
Total fixed assets: 3,845 4,519
Current assets
Stocks: 16,572 15,450
Cash at bank and in hand: 2,489 374
Total current assets: 19,061 15,824
Creditors: amounts falling due within one year:   (48,662) (89,162)
Net current assets (liabilities): (29,601) (73,338)
Total assets less current liabilities: (25,756) (68,819)
Creditors: amounts falling due after more than one year:   (42,709)
Total net assets (liabilities): (68,465) (68,819)
Capital and reserves
Called up share capital: 100 100
Other reserves: 2,437
Profit and loss account: (71,002) (68,919)
Shareholders funds: (68,465) (68,819)

The notes form part of these financial statements

GIFT ENTERPRISES LIMITED

Balance sheet statements

For the year ending 29 October 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 July 2025
and signed on behalf of the board by:

Name: Ms G O Zion
Status: Director

The notes form part of these financial statements

GIFT ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 29 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GIFT ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 29 October 2024

2. Employees

18 months to 29 October 2024 2023
Average number of employees during the period 0 0

GIFT ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 29 October 2024

3. Tangible Assets

Total
Cost £
At 30 April 2023 22,953
At 29 October 2024 22,953
Depreciation
At 30 April 2023 18,434
Charge for year 674
At 29 October 2024 19,108
Net book value
At 29 October 2024 3,845
At 29 April 2023 4,519

GIFT ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 29 October 2024

4. Related party transactions

Name of the related party:
Relationship:
Director
Description of the Transaction: The Director's loan account balance owed to Ms G Zion as at 30 April 2023 was £25,575 (2022: was £26,663).
£
Balance at 30 April 2023 25,575
Balance at 29 October 2024 27,681