Gills Developments Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 11098070

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	1		1
Debtors	5	99		99

		100		100
NET CURRENT ASSETS (LIABILITIES)			100		100

TOTAL ASSETS LESS CURRENT LIABILITIES			100		100

NET ASSETS			100		100

CAPITAL AND RESERVES
Called up share capital	6		100		100

SHAREHOLDERS' FUNDS			100		100

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Clifford Hoare Director	Mr Dudley Hoare Director
5 September 2025

The notes on page 2 form part of these financial statements.

1. General Information

Gills Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11098070 . The registered office is 110 Preston Down Road, Paignton, Devon, TQ3 1DP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.3. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Stocks

	2024	2023
	£	£
Work in progress	1	1

5. Debtors

	2024	2023
	£	£
Due within one year
Directors' loan accounts	99	99

6. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100