Company Registration No. 10214628 (England and Wales)
Gleds Consultancy Ltd
Unaudited accounts
for the year ended 30 June 2020
Gleds Consultancy Ltd
Unaudited accounts
Contents
Gleds Consultancy Ltd
Company Information
for the year ended 30 June 2020
Company Number
10214628 (England and Wales)
Registered Office
42 Henley Road
Bedford
MK40 4FT
England
Accountants
L & S Accounting Firm
2nd Floor, Ebenezer House
2 - 10 St John's Street
Bedford
MK42 0DH
Gleds Consultancy Ltd
Accountants' report
Accountants' report to the director of Gleds Consultancy Ltd on the preparation of the unaudited statutory accounts for the year ended 30 June 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Gleds Consultancy Ltd for the year ended
30 June 2020 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Gleds Consultancy Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Gleds Consultancy Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gleds Consultancy Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Gleds Consultancy Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Gleds Consultancy Ltd. You consider that Gleds Consultancy Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Gleds Consultancy Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
L & S Accounting Firm
2nd Floor, Ebenezer House
2 - 10 St John's Street
Bedford
MK42 0DH
30 June 2021
Gleds Consultancy Ltd
Statement of financial position
as at
30 June 2020
Tangible assets
2,019
3,028
Cash at bank and in hand
16,704
2,261
Creditors: amounts falling due within one year
(46,214)
(6,214)
Net current liabilities
(29,510)
(3,953)
Net liabilities
(16,077)
(925)
Called up share capital
1,000
1,000
Profit and loss account
(17,077)
(1,925)
Shareholders' funds
(16,077)
(925)
For the year ending 30 June 2020 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 her 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 June 2021 and were signed on its behalf by
CHULU, Gertrude
Director
Company Registration No. 10214628
Gleds Consultancy Ltd
Notes to the Accounts
for the year ended 30 June 2020
Gleds Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 10214628. The registered office is 42 Henley Road, Bedford, MK40 4FT, 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:
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
Charge for the year
1,009
Gleds Consultancy Ltd
Notes to the Accounts
for the year ended 30 June 2020
5
Investments
Subsidiary undertakings
Valuation at 1 July 2019
-
Valuation at 30 June 2020
11,414
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
10,000
-
Trade creditors
6,214
6,214
Loans from directors
30,000
-
7
Share capital
2020
2019
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).