ALL GUYS LTD - Accounts

ALL GUYS LTD

Statement of Financial Position

As at 30 November 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	2	185,000	124,920
		185,000	124,920
Current assets
Debtors	3	65,000	-
Cash at bank and in hand		3,025	15,676
		68,025	15,676
Creditors: amount falling due within one year	4	(72,789)	(75,429)
Net current assets/(liabilities)		(4,764)	(59,753)


Total assets less current liabilities		180,236	65,167
Creditors: amount falling due after more than one year	5	(145,674)	(90,000)
Net assets/(liabilities)		34,562	(24,833)

Capital and reserves
Called up share capital		2	2
Reserves	6	60,080	-
Profit and loss account	7	(25,520)	(24,835)
Shareholders fund		34,562	(24,833)

For the year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
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.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime of Part 15 of the Companies Act 2006.

Signed on behalf of the board of directors:

----------------------------------
Leanne Harris
Director

Date approved: 27 August 2025

ALL GUYS LTD

Notes to the Accounts

For the year ended 30 November 2024

Statutory Information

ALL GUYS LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 14492312, registration address 3 Vernon Court, Warren Road, Torquay, TQ2 5TR, United Kingdom.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Financial Reporting Standard for Smaller Entities (effective January 2016).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Tangible fixed assets

Cost or Valuation	Freehold property	Total
	£	£
At 01 December 2023	124,920	124,920
Additions	-	-
Revaluations	60,080	60,080
At 30 November 2024	185,000	185,000
Depreciation
At 01 December 2023	-	-
At 30 November 2024	-	-
Net book values
Closing balance as at 30 November 2024	185,000	185,000
Opening balance as at 01 December 2023	124,920	124,920

Debtors: amounts falling due after one year

	2024 £		2023 £
Loan to LOVELIEST HOMES TORQUAY LTD	65,000		-
	65,000		-

Creditors: amount falling due within one year

	2024 £	2023 £
Accrued expenses	838	478
Intercompany loan	2,000	2,000
Loan from Brian	38,500	38,500
Other loan	200	200
Directors' current account	31,251	34,251
	72,789	75,429

Creditors: amount falling due after more than one year

	2024 £		2023 £
Mortgage loan	145,674		90,000
	145,674		90,000

Reserves

	2024 £		2023 £
Revaluation of fixed assets	60,080		-
	60,080		-

Profit and loss account

	2024 £
Balance at 01 December 2023	(24,835)
Loss for the year	(685)
Balance at 30 November 2024	(25,520)

Share Capital

Allotted	2024 £		2023 £
2 Ordinary shares of £1.00 each	2		2
	2		2

9.	Average number of employees Average number of employees during the year was 1 (2023: 1).