Company Registration No. 04523290 (England and Wales)
Gavin Green Limited
Unaudited accounts
for the year ended 30 September 2022
Gavin Green Limited
Unaudited accounts
Contents
Gavin Green Limited
Company Information
for the year ended 30 September 2022
Directors
G B Green
K E Green
Company Number
04523290 (England and Wales)
Registered Office
21 East Street
Bromley
Kent
BR1 1QE
Accountants
KJK Associates Ltd
21 East Street
Bromley
Kent
BR1 1QE
Gavin Green Limited
Statement of financial position
as at
30 September 2022
Tangible assets
43,306
43,951
Cash at bank and in hand
85
1,605
Creditors: amounts falling due within one year
(37,550)
(29,833)
Net current liabilities
(19,145)
(26,488)
Called up share capital
1,009
1,009
Profit and loss account
23,152
16,454
Shareholders' funds
24,161
17,463
For the year ending 30 September 2022 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 8 March 2023 and were signed on its behalf by
G B Green
Director
Company Registration No. 04523290
Gavin Green Limited
Notes to the Accounts
for the year ended 30 September 2022
Gavin Green Limited is a private company, limited by shares, registered in England and Wales, registration number 04523290. The registered office is 21 East Street, Bromley, Kent, BR1 1QE.
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.
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.
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:
Land & buildings
Not depreciated
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2021
40,000
11,014
3,283
1,963
56,260
At 30 September 2022
40,000
11,014
3,283
1,963
56,260
At 1 October 2021
-
8,088
2,754
1,467
12,309
Charge for the year
-
439
132
74
645
At 30 September 2022
-
8,527
2,886
1,541
12,954
At 30 September 2022
40,000
2,487
397
422
43,306
At 30 September 2021
40,000
2,926
529
496
43,951
Gavin Green Limited
Notes to the Accounts
for the year ended 30 September 2022
Amounts falling due within one year
Trade debtors
18,320
1,740
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
5,205
3,137
Taxes and social security
12,919
8,907
Loans from directors
13,116
15,689
7
Share capital
2022
2021
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9 Ordinary B shares of £1 each
9
9
8
Transactions with related parties
During the year dividends of £30,000 (2021: £30,000) were paid to the directors. At the year end loans made by the directors to the company amounted to £14,437 (2021: £15,689)
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).