Company Registration No. 6797324 (England and Wales)
G.D. SHARMA LIMITED
Unaudited accounts
for the year ended 31 January 2021
G.D. SHARMA LIMITED
Unaudited accounts
Contents
G.D. SHARMA LIMITED
Company Information
for the year ended 31 January 2021
Company Number
6797324 (England and Wales)
Registered Office
Peal Cottage Church Path
Rattlesden
BURY ST EDMUNDS
Suffolk
IP30 0RG
UK
Accountants
R A Parry BA ACIS
2 Old Bakery Row
Gracechurch Street
DEBENHAM
Suffolk
IP14 6RE
G.D. SHARMA LIMITED
Statement of financial position
as at
31 January 2021
Tangible assets
4,080
6,024
Cash at bank and in hand
89,080
86,842
Creditors: amounts falling due within one year
(7,639)
(7,269)
Net current assets
81,441
79,573
Total assets less current liabilities
85,521
85,597
Provisions for liabilities
Deferred tax
(775)
(1,144)
Called up share capital
100
100
Profit and loss account
84,646
84,353
Shareholders' funds
84,746
84,453
For the year ending 31 January 2021 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 22 September 2021 and were signed on its behalf by
G D Sharma
Director
Company Registration No. 6797324
G.D. SHARMA LIMITED
Notes to the Accounts
for the year ended 31 January 2021
G.D. SHARMA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 6797324. The registered office is Peal Cottage Church Path, Rattlesden, BURY ST EDMUNDS, Suffolk, IP30 0RG, UK.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Intangible fixed assets
Goodwill
G.D. SHARMA LIMITED
Notes to the Accounts
for the year ended 31 January 2021
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2020
428
7,000
968
8,396
At 31 January 2021
428
7,000
968
8,396
At 1 February 2020
428
1,750
194
2,372
Charge for the year
-
1,750
194
1,944
At 31 January 2021
428
3,500
388
4,316
At 31 January 2021
-
3,500
580
4,080
At 31 January 2020
-
5,250
774
6,024
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
6,838
6,585
Loans from directors
176
34
7
Share capital
2021
2020
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).