Company Registration No. 12463060 (England and Wales)
IPSWICH GAS LIMITED
Unaudited accounts
for the year ended 29 February 2024
IPSWICH GAS LIMITED
Unaudited accounts
Contents
IPSWICH GAS LIMITED
Company Information
for the year ended 29 February 2024
Company Number
12463060 (England and Wales)
Registered Office
66 Curtis Way
Kesgrave
Ipswich
Suffolk
IP5 2FX
England
Accountants
CHASE Accountants Limited
Unit 57, Basepoint Business Centre
70-72 The Havens
Ipswich
Suffolk
IP3 9BF
IPSWICH GAS LIMITED
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
(90)
98
Creditors: amounts falling due within one year
27,093
(533)
Net current assets
27,003
943
Called up share capital
100
100
Profit and loss account
27,235
1,175
Shareholders' funds
27,335
1,275
For the year ending 29 February 2024 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 10 April 2024 and were signed on its behalf by
Jason Smith
Director
Company Registration No. 12463060
IPSWICH GAS LIMITED
Notes to the Accounts
for the year ended 29 February 2024
IPSWICH GAS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12463060. The registered office is 66 Curtis Way, Kesgrave, Ipswich, Suffolk, IP5 2FX, 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.
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:
Other tangible fixed assets
Tools
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
IPSWICH GAS LIMITED
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
13,205
15,041
Taxes and social security
6,312
600
Loans from directors
(56,801)
(16,010)
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).