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Company Registration No. 10827776 (England and Wales)
GURNEET LTD Unaudited accounts for the year ended 30 June 2025
GURNEET LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
GURNEET LTD Company Information for the year ended 30 June 2025
Director
Surbir Singh
Company Number
10827776 (England and Wales)
Registered Office
60 High Street Hampton Hill Hampton Middlesex TW12 1PD England
Accountants
Yousuf Associates Limited 192 Haydons Road Wimbledon London SW19 8TR
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GURNEET LTD Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
26,669
-
Current assets
Inventories
54,405
47,441
Debtors
5
160,431
125,000
Cash at bank and in hand
9,654
53,613
224,490
226,054
Creditors: amounts falling due within one year
6
(1,642)
(98,914)
Net current assets
222,848
127,140
Total assets less current liabilities
249,517
127,140
Creditors: amounts falling due after more than one year
7
(221,859)
(106,546)
Net assets
27,658
20,594
Capital and reserves
Called up share capital
1
1
Profit and loss account
27,657
20,593
Shareholders' funds
27,658
20,594
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 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 31 July 2025 and were signed on its behalf by
Surbir Singh Director Company Registration No. 10827776
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GURNEET LTD Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
GURNEET LTD is a private company, limited by shares, registered in England and Wales, registration number 10827776. The registered office is 60 High Street, Hampton Hill , Hampton, Middlesex, TW12 1PD, 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:
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 July 2024
-
Additions
33,336
At 30 June 2025
33,336
Depreciation
Charge for the year
6,667
At 30 June 2025
6,667
Net book value
At 30 June 2025
26,669
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
160,431
125,000
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GURNEET LTD Notes to the Accounts for the year ended 30 June 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
1,642
1,871
Other creditors
-
97,043
1,642
98,914
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Trade creditors
221,859
106,546
8
Average number of employees
During the year the average number of employees was 2 (2024: 1).
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