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Company Registration No. 14146229 (England and Wales)
Gwada Ltd Unaudited accounts for the year ended 30 June 2025
Gwada Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Gwada Ltd Company Information for the year ended 30 June 2025
Directors
Silvia Sazini Battista Straiotto
Company Number
14146229 (England and Wales)
Registered Office
Flat 34 Kerridge Court Balls Pond Road London N1 4AL England
Accountants
Sheelagh Williams Chartered Certified Accountant & Registered Auditor 2a Brodia Road London N16 0ES
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Gwada Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3,664
4,886
Current assets
Debtors
5
8,998
15,244
Cash at bank and in hand
7,867
3,518
16,865
18,762
Creditors: amounts falling due within one year
6
(20,641)
(11,000)
Net current (liabilities)/assets
(3,776)
7,762
Total assets less current liabilities
(112)
12,648
Creditors: amounts falling due after more than one year
7
(13,207)
(4,624)
Net (liabilities)/assets
(13,319)
8,024
Capital and reserves
Called up share capital
2
2
Profit and loss account
(13,321)
8,022
Shareholders' funds
(13,319)
8,024
For the year ending 30 June 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 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 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 of Directors and authorised for issue on 13 November 2025 and were signed on its behalf by
Battista Straiotto Director Company Registration No. 14146229
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Gwada Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Gwada Ltd is a private company, limited by shares, registered in England and Wales, registration number 14146229. The registered office is Flat 34, Kerridge Court, Balls Pond Road, London, N1 4AL, England.
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.
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
25%
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 July 2024
4,886
At 30 June 2025
4,886
Depreciation
Charge for the year
1,222
At 30 June 2025
1,222
Net book value
At 30 June 2025
3,664
At 30 June 2024
4,886
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
280
-
Accrued income and prepayments
3,600
3,600
Other debtors
5,118
11,644
8,998
15,244
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Gwada Ltd Notes to the Accounts for the year ended 30 June 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
8,047
-
Trade creditors
9,000
11,000
Taxes and social security
771
-
Accruals
2,823
-
20,641
11,000
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Taxes and social security
12,589
4,624
Loans from directors
618
-
13,207
4,624
8
Average number of employees
During the year the average number of employees was 3 (2024: 0).
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