Company Registration No. NI693728 (Northern Ireland)
GEM GW Ltd
Unaudited accounts
for the period from 1 February 2024 to 31 March 2025
GEM GW Ltd
Unaudited accounts
Contents
GEM GW Ltd
Company Information
for the period from 1 February 2024 to 31 March 2025
Company Number
NI693728 (Northern Ireland)
Registered Office
10 Quarry Heights
Ahoghill
Ballymena
County Antrim
BT42 1GJ
Northern Ireland
Accountants
TAG Accountants (N.I.) Ltd
81a Galgorm Road
Ballymena
Co Antrim
BT42 1AA
GEM GW Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
4,800
6,000
Cash at bank and in hand
26,218
20,424
Creditors: amounts falling due within one year
(4,359)
(11,196)
Net current assets
30,637
9,503
Total assets less current liabilities
35,437
15,503
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
34,425
14,263
Shareholders' funds
34,525
14,363
For the period ending 31 March 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 3 November 2025 and were signed on its behalf by
Gary Wylie
Director
Company Registration No. NI693728
GEM GW Ltd
Notes to the Accounts
for the period from 1 February 2024 to 31 March 2025
GEM GW Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI693728. The registered office is 10 Quarry Heights, Ahoghill, Ballymena, County Antrim, BT42 1GJ, Northern Ireland.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Charge for the period
1,200
Amounts falling due after more than one year
GEM GW Ltd
Notes to the Accounts
for the period from 1 February 2024 to 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
15,000
8,196
Loans from directors
(18,413)
(1,266)
7
Average number of employees
During the period the average number of employees was 1 (2024: 1).