Gifla Associates Limited - Filleted accounts

Registered number

08084844

Gifla Associates Limited

Filleted Accounts

31 March 2025

Gifla Associates Limited
Registered number:		08084844
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		-			62

Current assets
Debtors	4	5,202			6,066
Cash at bank and in hand		22,328			14,223
		27,530			20,289

Creditors: amounts falling due within one year	5	(14,949)			(15,890)

Net current assets			12,581			4,399

Net assets			12,581			4,461

Capital and reserves
Called up share capital			40			40
Profit and loss account			12,541			4,421

Shareholders' funds			12,581			4,461

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J Hulatt
Director
Approved by the board on 30 September 2025

Gifla Associates Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2024				5,136
	At 31 March 2025				5,136

	Depreciation
	At 1 April 2024				5,074
	Charge for the year				62
	At 31 March 2025				5,136

	Net book value
	At 31 March 2025				-
	At 31 March 2024				62


4	Debtors		2025		2024
£				£

	Other debtors		5,202		6,066


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		2,931		9,326
	Corporation tax		3,327		4,419
	Other taxes and social security costs		987		939
	Other creditors		7,704		1,206
			14,949		15,890


6	Other information

	Gifla Associates Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Capability House
	Wrest Park
	Silsoe
	MK45 4HR