REGISTERED NUMBER: 15544011 (England and Wales)

GALS FC LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

6TH MARCH 2024 TO 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Miss N D Beqaj

Miss L B Magill

REGISTERED OFFICE:

86 Penton Place

London

SE17 3JS

REGISTERED NUMBER:

15544011 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

Landgate Chambers

24 Landgate

Rye

East Sussex

TN31 7LJ

CURRENT ASSETS

Debtors

4

100

Cash at bank

169,727

169,827

CREDITORS

Amounts falling due within one year

5

17,799

NET CURRENT ASSETS

152,028

TOTAL ASSETS LESS CURRENT LIABILITIES

152,028

CAPITAL AND RESERVES

Called up share capital

6

121

Share premium

159,944

Retained earnings

(8,037

)

SHAREHOLDERS' FUNDS

152,028

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th December 2025 and were signed on its behalf by:

Miss L B Magill - Director

1.	STATUTORY INFORMATION

Gals Fc Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other debtors

100

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

1,490

Taxation and social security

2,501

Other creditors

13,808

17,799

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1,214,177

Ordinary

0.000

1

121

1,214,177 Ordinary shares of 0.0001 each were allotted and fully paid for cash at par during the period.

7.	GOING CONCERN

This is the first period of trading for the company which resulted in a small loss. but the directors are confident that the company will return to profitability in the near future. They have also confirmed that they will continue to support the company for the foreseeable future so the accounts have been prepared on a going concern basis.