1 March 2024 false No description of principal activity Taxfiler 2024.6 10631248business:PrivateLimitedCompanyLtd2024-03-012025-02-28 106312482024-02-29 106312482024-03-012025-02-28 10631248business:AuditExempt-NoAccountantsReport2024-03-012025-02-28 10631248business:FilletedAccounts2024-03-012025-02-28 106312482025-02-28 10631248business:Director12024-03-012025-02-28 10631248business:RegisteredOffice2024-03-012025-02-28 106312482024-02-29 10631248core:WithinOneYear2025-02-28 10631248core:WithinOneYear2024-02-29 10631248core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 10631248core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 10631248core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 10631248core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 10631248core:PreviouslyStatedAmount2025-02-28 10631248core:PreviouslyStatedAmount2024-02-29 10631248business:SmallEntities2024-03-012025-02-28 10631248countries:EnglandWales2024-03-012025-02-28 10631248core:FurnitureFittings2024-03-012025-02-28 10631248core:ComputerEquipment2024-03-012025-02-28 10631248core:FurnitureFittings2024-02-29 10631248core:ComputerEquipment2024-02-29 10631248core:FurnitureFittings2025-02-28 10631248core:ComputerEquipment2025-02-28 106312482023-03-012024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 10631248 (England and Wales)
GWA Accountancy Limited Unaudited accounts for the year ended 28 February 2025
GWA Accountancy Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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GWA Accountancy Limited Company Information for the year ended 28 February 2025
Director
Gayle Parnham
Company Number
10631248 (England and Wales)
Registered Office
VT-65, Interchange House Howard Way Newport Pagnell Buckinghamshire MK16 9PY United Kingdom
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GWA Accountancy Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
438 
695 
Current assets
Debtors
5
1,714 
1,357 
Cash at bank and in hand
61 
806 
1,775 
2,163 
Creditors: amounts falling due within one year
6
(977)
(2,660)
Net current assets/(liabilities)
798 
(497)
Total assets less current liabilities
1,236 
198 
Provisions for liabilities
Deferred tax
(83)
(132)
Net assets
1,153 
66 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
1,143 
56 
Shareholders' funds
1,153 
66 
For the year ending 28 February 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 her 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 29 September 2025 and were signed on its behalf by
Gayle Parnham Director Company Registration No. 10631248
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GWA Accountancy Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
GWA Accountancy Limited is a private company, limited by shares, registered in England and Wales, registration number 10631248. The registered office is VT-65, Interchange House, Howard Way, Newport Pagnell, Buckinghamshire, MK16 9PY, United Kingdom.
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.
Deferred taxation
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:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2024
448 
1,296 
1,744 
At 28 February 2025
448 
1,296 
1,744 
Depreciation
At 1 March 2024
299 
750 
1,049 
Charge for the year
112 
145 
257 
At 28 February 2025
411 
895 
1,306 
Net book value
At 28 February 2025
37 
401 
438 
At 29 February 2024
149 
546 
695 
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GWA Accountancy Limited Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,714 
1,357 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
26 
241 
Trade creditors
- 
13 
Taxes and social security
620 
47 
Loans from directors
318 
2,346 
Accruals
13 
13 
977 
2,660 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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