Company registration number 9687832 (England and Wales)
KATE GREGORY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
PAGES FOR FILING WITH REGISTRAR
KATE GREGORY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
KATE GREGORY LIMITED
BALANCE SHEET
AS AT 30 NOVEMBER 2024
30 November 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Cash at bank and in hand
3
Creditors: amounts falling due within one year
4
(30)
(33)
Net current liabilities
(30)
(30)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(31)
(31)
Total equity
(30)
(30)
For the financial year ended 30 November 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 31 July 2025
Ms K Gregory
Director
Company registration number 9687832 (England and Wales)
KATE GREGORY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 2 -
1
Accounting policies
Company information
Kate Gregory Limited is a private company limited by shares incorporated in England and Wales. The registered office is First Creative Limited, Cheltenham Film & Photographic Studios, Hatherley Lane, Cheltenham, Gloucestershire, GL51 6PN.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
Turnover
The company has not traded during the financial year and has received no income. As the company is dormant, no turnover has been recognised in the profit and loss account.
Dormant Company
The company has been dormant throughout the financial year. It meets the definition of a dormant company under Section 1169 of the Companies Act 2006 and has not undertaken any significant accounting transactions during the year.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings
20% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.3
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.4
Debtors and creditors receivable or payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
KATE GREGORY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 3 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2023
534
Disposals
(534)
At 30 November 2024
Depreciation and impairment
At 1 December 2023
534
Eliminated in respect of disposals
(534)
At 30 November 2024
Carrying amount
At 30 November 2024
At 30 November 2023
4
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
30
33