Company Registration No. 10021982 (England and Wales)
GFSS DEVELOPMENTS LIMITED
Unaudited accounts
for the year ended 29 February 2020
GFSS DEVELOPMENTS LIMITED
Unaudited accounts
Contents
GFSS DEVELOPMENTS LIMITED
Company Information
for the year ended 29 February 2020
Directors
G Fecci
S Servini
Company Number
10021982 (England and Wales)
Registered Office
2 EGHAM STREET
CARDIFF
CF5 1FQ
UNITED KINGDOM
Accountants
SQK Accountancy Limited
275 Deansgate
Manchester
North West England
M3 4EL
GFSS DEVELOPMENTS LIMITED
Statement of financial position
as at
29 February 2020
Inventories
326,231
266,962
Cash at bank and in hand
1,083
7,745
Creditors: amounts falling due within one year
(183,271)
(130,360)
Net current assets
144,043
144,347
Net assets
144,043
144,347
Called up share capital
2
2
Profit and loss account
144,041
144,345
Shareholders' funds
144,043
144,347
For the year ending 29 February 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2020 and were signed on its behalf by
S Servini
Director
Company Registration No. 10021982
GFSS DEVELOPMENTS LIMITED
Notes to the Accounts
for the year ended 29 February 2020
GFSS DEVELOPMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10021982. The registered office is 2 EGHAM STREET, CARDIFF, CF5 1FQ, UNITED KINGDOM.
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.
Work in progress
326,231
266,962
5
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
-
33,862
Loans from directors
158,271
96,498
6
Average number of employees
During the year the average number of employees was 0 (2019: 0).