Company Registration No. 10264957 (England and Wales)
Modern Day GK Limited
Unaudited accounts
for the year ended 31 July 2025
Modern Day GK Limited
Unaudited accounts
Contents
Modern Day GK Limited
Company Information
for the year ended 31 July 2025
Directors
Lee Robinson
Mark Robinson
Shaun Robinson
Company Number
10264957 (England and Wales)
Registered Office
Abacus
3a Blue Sky Way
Monkton Business Park South
Hebburn
Tyne and Wear
NE31 2EQ
England
Accountants
Abacus Accounting (NE) Limited
3a Blue Sky Way
Monkton Business Park South
Hebburn
Tyne and Wear
NE31 2EQ
Modern Day GK Limited
Statement of financial position
as at 31 July 2025
Tangible assets
14,094
17,075
Cash at bank and in hand
4,002
4,988
Creditors: amounts falling due within one year
(2,556)
(5,685)
Net current assets
16,896
14,870
Called up share capital
3
3
Profit and loss account
30,987
31,942
Shareholders' funds
30,990
31,945
For the year ending 31 July 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 31 May 2026 and were signed on its behalf by
Shaun Robinson
Director
Company Registration No. 10264957
Modern Day GK Limited
Notes to the Accounts
for the year ended 31 July 2025
Modern Day GK Limited is a private company, limited by shares, registered in England and Wales, registration number 10264957. The registered office is Abacus, 3a Blue Sky Way, Monkton Business Park South, Hebburn, Tyne and Wear, NE31 2EQ, 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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Fixtures & fittings
10% Straight line
Computer equipment
25% Straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2024
18,256
3,600
21,856
At 31 July 2025
18,256
3,600
21,856
At 1 August 2024
2,081
2,700
4,781
Charge for the year
2,081
900
2,981
At 31 July 2025
4,162
3,600
7,762
At 31 July 2025
14,094
-
14,094
At 31 July 2024
16,175
900
17,075
Modern Day GK Limited
Notes to the Accounts
for the year ended 31 July 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
1,956
2,633
Taxes and social security
-
2,452
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).