GEMSTONE CARE LTD

Company Registration Number:
06426634 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

GEMSTONE CARE LTD

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Notes

GEMSTONE CARE LTD

Balance sheet

As at 30 November 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 220,443 223,158
Total fixed assets: 220,443 223,158
Current assets
Debtors:   46,500 30,784
Cash at bank and in hand: 110,556 72,768
Total current assets: 157,056 103,552
Creditors: amounts falling due within one year:   (34,042) (16,414)
Net current assets (liabilities): 123,014 87,138
Total assets less current liabilities: 343,457 310,296
Creditors: amounts falling due after more than one year:   (14,446) (15,529)
Total net assets (liabilities): 329,011 294,767
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 328,911 294,667
Shareholders funds: 329,011 294,767

The notes form part of these financial statements

GEMSTONE CARE LTD

Balance sheet statements

For the year ending 30 November 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 13 August 2025
and signed on behalf of the board by:

Name: Parminder K Degun
Status: Director

The notes form part of these financial statements

GEMSTONE CARE LTD

Notes to the Financial Statements

for the Period Ended 30 November 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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Plant and machinery 20% reducing balance Fixtures, fittings, tools and equipment 20% reducing balance

Other accounting policies

Debtors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

GEMSTONE CARE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

2. Employees

2024 2023
Average number of employees during the period 15 17

GEMSTONE CARE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible Assets

Total
Cost £
At 01 December 2023 316,446
Additions 3,618
At 30 November 2024 320,064
Depreciation
At 01 December 2023 93,288
Charge for year 6,333
At 30 November 2024 99,621
Net book value
At 30 November 2024 220,443
At 30 November 2023 223,158