1 February 2024 false No description of principal activity Taxfiler 2024.6 08351015business:PrivateLimitedCompanyLtd2024-02-012025-01-31 083510152024-01-31 083510152024-02-012025-01-31 08351015business:AuditExempt-NoAccountantsReport2024-02-012025-01-31 08351015business:FilletedAccounts2024-02-012025-01-31 083510152025-01-31 08351015business:Director12024-02-012025-01-31 08351015business:RegisteredOffice2024-02-012025-01-31 083510152024-01-31 08351015core:WithinOneYear2025-01-31 08351015core:WithinOneYear2024-01-31 08351015core:AfterOneYear2025-01-31 08351015core:AfterOneYear2024-01-31 08351015core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 08351015core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 08351015core:PreviouslyStatedAmount2025-01-31 08351015core:PreviouslyStatedAmount2024-01-31 08351015business:SmallEntities2024-02-012025-01-31 08351015countries:EnglandWales2024-02-012025-01-31 08351015core:PlantMachinery2024-02-012025-01-31 08351015core:FurnitureFittings2024-02-012025-01-31 08351015core:PlantMachinery2024-01-31 08351015core:FurnitureFittings2024-01-31 08351015core:PlantMachinery2025-01-31 08351015core:FurnitureFittings2025-01-31 083510152023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 08351015 (England and Wales)
GIFT IN CAN LTD Unaudited accounts for the year ended 31 January 2025
GIFT IN CAN LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
GIFT IN CAN LTD Company Information for the year ended 31 January 2025
Director
Richard Coppage
Company Number
08351015 (England and Wales)
Registered Office
14 Elder Court Birmingham West Midlands B38 9FQ
Accountants
Wentworth Wealth Ltd 44-45 Calthorpe Road Edgbaston Birmingham B15 1TH
- 3 -
GIFT IN CAN LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
66,138 
88,183 
Current assets
Debtors
5
148,332 
220,113 
Cash at bank and in hand
649 
25,243 
148,981 
245,356 
Creditors: amounts falling due within one year
6
(151,906)
(64,870)
Net current (liabilities)/assets
(2,925)
180,486 
Total assets less current liabilities
63,213 
268,669 
Creditors: amounts falling due after more than one year
7
(233,307)
(115,136)
Net (liabilities)/assets
(170,094)
153,533 
Capital and reserves
Profit and loss account
(170,094)
153,533 
Shareholders' funds
(170,094)
153,533 
For the year ending 31 January 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 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 17 September 2025 and were signed on its behalf by
Richard Coppage Director Company Registration No. 08351015
- 4 -
GIFT IN CAN LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
GIFT IN CAN LTD is a private company, limited by shares, registered in England and Wales, registration number 08351015. The registered office is 14 Elder Court, Birmingham, West Midlands, B38 9FQ.
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:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
170,420 
93,796 
264,216 
At 31 January 2025
170,420 
93,796 
264,216 
Depreciation
At 1 February 2024
110,281 
65,752 
176,033 
Charge for the year
15,035 
7,010 
22,045 
At 31 January 2025
125,316 
72,762 
198,078 
Net book value
At 31 January 2025
45,104 
21,034 
66,138 
At 31 January 2024
60,139 
28,044 
88,183 
- 5 -
GIFT IN CAN LTD Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
36,750 
22,889 
Trade debtors
1,420 
28,725 
Accrued income and prepayments
1,825 
1,825 
Other debtors
108,337 
68,337 
148,332 
121,776 
Amounts falling due after more than one year
Other debtors
- 
98,337 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
8,725 
- 
VAT
33,436 
44,278 
Trade creditors
3,769 
5,449 
Other creditors
69,117 
- 
Loans from directors
36,859 
15,143 
151,906 
64,870 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
31,827 
115,136 
Other creditors
201,480 
- 
233,307 
115,136 
8
Average number of employees
During the year the average number of employees was 10 (2024: 10).
- 6 -