1 December 2023 false No description of principal activity Taxfiler 2024.6 09877890business:PrivateLimitedCompanyLtd2023-12-012024-11-30 098778902023-11-30 098778902023-12-012024-11-30 09877890business:AuditExempt-NoAccountantsReport2023-12-012024-11-30 09877890business:FilletedAccounts2023-12-012024-11-30 098778902024-11-30 09877890business:Director12023-12-012024-11-30 09877890business:RegisteredOffice2023-12-012024-11-30 098778902023-11-30 09877890core:WithinOneYear2024-11-30 09877890core:WithinOneYear2023-11-30 09877890core:AfterOneYear2024-11-30 09877890core:AfterOneYear2023-11-30 09877890core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 09877890core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 09877890core:PreviouslyStatedAmount2024-11-30 09877890core:PreviouslyStatedAmount2023-11-30 09877890business:SmallEntities2023-12-012024-11-30 09877890countries:EnglandWales2023-12-012024-11-30 09877890core:PlantMachinery2023-11-30 09877890core:MotorVehicles2023-11-30 09877890core:ComputerEquipment2023-11-30 09877890core:PlantMachinery2024-11-30 09877890core:MotorVehicles2024-11-30 09877890core:ComputerEquipment2024-11-30 09877890core:PlantMachinery2023-12-012024-11-30 09877890core:MotorVehicles2023-12-012024-11-30 09877890core:ComputerEquipment2023-12-012024-11-30 098778902022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. 09877890 (England and Wales)
Gift Engineering Ltd Unaudited accounts for the year ended 30 November 2024
Gift Engineering Ltd Unaudited accounts Contents
Page
- 2 -
Gift Engineering Ltd Company Information for the year ended 30 November 2024
Director
Anthony Whyte
Company Number
09877890 (England and Wales)
Registered Office
603 Saffron Lane Leicester Leicestershire LE2 6UN England
- 3 -
Gift Engineering Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,365 
19,690 
Current assets
Debtors
1,537 
7,073 
Cash at bank and in hand
10,393 
1,282 
11,930 
8,355 
Creditors: amounts falling due within one year
(10,517)
(11,173)
Net current assets/(liabilities)
1,413 
(2,818)
Total assets less current liabilities
18,778 
16,872 
Creditors: amounts falling due after more than one year
(28,552)
(19,755)
Net liabilities
(9,774)
(2,883)
Capital and reserves
Profit and loss account
(9,774)
(2,883)
Shareholders' funds
(9,774)
(2,883)
For the year ending 30 November 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 1 September 2025 and were signed on its behalf by
Anthony Whyte Director Company Registration No. 09877890
- 4 -
Gift Engineering Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Gift Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 09877890. The registered office is 603 Saffron Lane, Leicester, Leicestershire, LE2 6UN, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2023
781 
22,508 
289 
23,578 
At 30 November 2024
781 
22,508 
289 
23,578 
Depreciation
At 1 December 2023
208 
3,680 
- 
3,888 
Charge for the year
208 
2,067 
50 
2,325 
At 30 November 2024
416 
5,747 
50 
6,213 
Net book value
At 30 November 2024
365 
16,761 
239 
17,365 
At 30 November 2023
573 
18,828 
289 
19,690 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,537 
7,073 
- 5 -
Gift Engineering Ltd Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
14,570 
13,117 
Trade creditors
(9,899)
(18,652)
Taxes and social security
(6,814)
(200)
Loans from directors
12,660 
16,908 
10,517 
11,173 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,770 
16,431 
Obligations under finance leases and hire purchase contracts
- 
3,324 
Trade creditors
3,142 
- 
Other creditors
11,640 
- 
28,552 
19,755 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -