Company Registration No. 08081684 (England and Wales)
Grand Gallant Sports Limited
Unaudited accounts
for the period from 1 June 2017 to 31 March 2018
Grand Gallant Sports Limited
Unaudited accounts
Contents
Grand Gallant Sports Limited
Company Information
for the period from 1 June 2017 to 31 March 2018
Directors
Sheikh Shahzad Hussain
Muhammed Ijaz
Muhammed Shahzad
Company Number
08081684 (England and Wales)
Registered Office
UNIT 4
FROXMER STREET INDUSTRIAL ESTATE
MANCHESTER
M18 8EF
ENGLAND
Accountants
Enso Accountants Ltd
Grand Gallant Sports Limited
Statement of financial position
as at
31 March 2018
Inventories
341,168
278,084
Cash at bank and in hand
77,158
11,889
Creditors: amounts falling due within one year
(396,535)
(289,466)
Net current assets
60,142
507
Called up share capital
100
100
Profit and loss account
60,042
407
Shareholders' funds
60,142
507
For the period ending 31 March 2018 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.
Approved by the Board on 19 July 2018.
Sheikh Shahzad Hussain
Director
Company Registration No. 08081684
Grand Gallant Sports Limited
Notes to the Accounts
for the period from 1 June 2017 to 31 March 2018
Grand Gallant Sports Limited is a private company, limited by shares, registered in England and Wales, registration number 08081684. The registered office is UNIT 4, FROXMER STREET INDUSTRIAL ESTATE, MANCHESTER, M18 8EF, 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 period, 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.
Finished goods
341,168
278,084
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Creditors: amounts falling due within one year
2018
2017
Trade creditors
200,833
225,883
Taxes and social security
130,671
10,748
Loans from directors
65,031
52,835
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Average number of employees
During the period the average number of employees was 13 (2017: 13).