Company Registration No. 07622026 (England and Wales)
GYY Ltd
Unaudited accounts
for the year ended 31 May 2020
GYY Ltd
Unaudited accounts
Contents
GYY Ltd
Company Information
for the year ended 31 May 2020
Company Number
07622026 (England and Wales)
Registered Office
93a Scarle Road
Wembley
Middlesex
HA0 4SS
GYY Ltd
Statement of financial position
as at
31 May 2020
Cash at bank and in hand
55,345
57,349
Creditors: amounts falling due within one year
(67,861)
(69,929)
Net current assets
675
279
Called up share capital
100
100
Profit and loss account
575
179
Shareholders' funds
675
279
For the year ending 31 May 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 26 January 2021 and were signed on its behalf by
Diana YONCHEVA
Director
Company Registration No. 07622026
GYY Ltd
Notes to the Accounts
for the year ended 31 May 2020
GYY Ltd is a private company, limited by shares, registered in England and Wales, registration number 07622026. The registered office is 93a Scarle Road, Wembley, Middlesex, HA0 4SS.
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.
Other debtors
12,503
12,203
Total debtors less than one year
13,191
12,859
Total debtors
13,191
12,859
5
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
5,722
5,693
Other creditors
62,139
64,236
6
Share capital
2020
2019
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 2 (2019: 2).