Company Registration No. 13991623 (England and Wales)
GARIP AND SON LIMITED
Unaudited accounts
for the year ended 31 March 2025
GARIP AND SON LIMITED
Unaudited accounts
Contents
GARIP AND SON LIMITED
Company Information
for the year ended 31 March 2025
Company Number
13991623 (England and Wales)
Registered Office
WOODLANDS EPPING ROAD
NAZEING
WALTHAM ABBEY
EN9 2DH
ENGLAND
GARIP AND SON LIMITED
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
105,385
120,314
Creditors: amounts falling due within one year
(156,050)
(159,655)
Net current liabilities
(15,665)
(4,341)
Net liabilities
(15,665)
(4,341)
Called up share capital
1
1
Profit and loss account
(15,666)
(4,342)
Shareholders' funds
(15,665)
(4,341)
For the year 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 30 December 2025 and were signed on its behalf by
Garip Garip
Director
Company Registration No. 13991623
GARIP AND SON LIMITED
Notes to the Accounts
for the year ended 31 March 2025
GARIP AND SON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13991623. The registered office is WOODLANDS EPPING ROAD, NAZEING, WALTHAM ABBEY, EN9 2DH, 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.
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Expenses are recognized in the period in which they are incurred, regardless of when payment is made.
The Director has reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future. The Company therefore continue to adopt the Going Concern basis for preparing it's financial statements.
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to known amount of cash and are subject to an insignificant risk of change in value.
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
GARIP AND SON LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Other debtors
35,000
35,000
5
Creditors: amounts falling due within one year
2025
2024
Loans from directors
155,400
159,005
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).