Company Registration No. 10080470 (England and Wales)
UK Gossip Girls Networking Ltd
Unaudited accounts
for the year ended 31 March 2025
UK Gossip Girls Networking Ltd
Unaudited accounts
Contents
UK Gossip Girls Networking Ltd
Company Information
for the year ended 31 March 2025
Directors
Karen Bellamy
Julie Harrison
Company Number
10080470 (England and Wales)
Registered Office
74 Ashton Road
Failsworth
Manchester
M35 9WL
Accountants
Summed Up Accountancy Services
74 Ashton Road
Failsworth
Manchester
M35 9WL
UK Gossip Girls Networking Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
1,402
494
Creditors: amounts falling due within one year
(30,555)
(29,477)
Net current assets
1,361
1,746
Total assets less current liabilities
2,021
2,865
Creditors: amounts falling due after more than one year
(348)
(2,434)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
1,448
119
Shareholders' funds
1,548
219
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 directors acknowledge their 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 of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by
Julie Harrison
Director
Company Registration No. 10080470
UK Gossip Girls Networking Ltd
Notes to the Accounts
for the year ended 31 March 2025
UK Gossip Girls Networking Ltd is a private company, limited by shares, registered in England and Wales, registration number 10080470. The registered office is 74 Ashton Road, Failsworth, Manchester, M35 9WL.
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.
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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:
Computer equipment
20% Straight Line
UK Gossip Girls Networking Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
29,800
29,407
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,080
2,042
Taxes and social security
15,415
14,013
Other creditors
7,940
7,668
7
Creditors: amounts falling due after more than one year
2025
2024
UK Gossip Girls Networking Ltd
Notes to the Accounts
for the year ended 31 March 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan
15,073
25,315
26,162
14,226
Directors loan
14,334
26,552
25,312
15,574
29,407
51,867
51,474
29,800
Material amounts advanced and repaid include cash drawn and dividends credits.
Directors loans were repaid with taxable income within 9 months of the year end.
9
Transactions with related parties
Directors' loans are repayable on demand.
Interest is charged on balances over £10,000 at HMRC's official rate.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).