Gower Sailshades & Awnings Ltd
|
Registered Number
:
10036562
|
For the year ended 31 March 2022
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2022
Gower Sailshades & Awnings Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Gower Sailshades & Awnings Ltd
Statement of Financial Position
2021
2022
4,000
5,000
2
Property
,
plant and equipment
|
13,510
18,479
3
17,510
23,479
Trade and other receivables
|
145,306
125,746
4
98,734
Cash and cash equivalents
|
174,507
300,253
244,040
Trade and other payables
:
amounts falling due within one
|
year
|
(154,090)
(47,004)
5
89,950
253,249
Net current assets
Total assets less current liabilities
|
270,759
113,429
Trade and other payables
:
amounts falling due after more
|
than one year
|
(50,000)
(32,167)
6
238,592
Net assets
63,429
100
100
238,492
63,329
238,592
63,429
Shareholders' funds
For the year ended 31 March 2022 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 of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
|
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
|
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
relating to financial
|
statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 01 August 2022 and were signed by:
|
The notes form part of these financial statements
|
1 of 4
For the year ended 31 March 2022
Gower Sailshades & Awnings Ltd
Notes to the Financial Statements
Statutory Information
Gower Sailshades
&
Awnings Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
10036562
.
|
The Loft
Caswell Street
Swansea
SA1 4HT
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
''
The Financial Reporting Standard applicable in the UK and Republic of Ireland
''
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of 10 years.
|
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
2
.
Intangible fixed assets
|
Goodwill
10,000
10,000
5,000
1,000
Charge for year
6,000
4,000
5,000
2 of 4
For the year ended 31 March 2022
Gower Sailshades & Awnings Ltd
Notes to the Financial Statements Continued
3
.
Property
,
plant and equipment
|
Motor Vehicles
19,344
2,594
16,750
-
-
16,750
2,594
19,344
Provision for depreciation and impairment
|
865
865
-
-
Charge for year
4,969
-
4,188
781
5,834
865
4,188
781
(781)
12,562
1,729
13,510
-
16,750
1,729
18,479
4
.
Trade and other receivables
|
2021
2022
73,802
93,362
Amounts owed by group undertakings and participating interests
|
51,944
51,944
145,306
125,746
5
.
Trade and other payables
:
amounts falling due within one year
|
2021
2022
Bank loans and overdraft
(
secured
)
|
10,153
-
Taxation and social security
|
15,454
35,181
21,397
118,909
47,004
154,090
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2021
2022
Bank loans and overdraft
(
secured
)
|
32,167
50,000
7
.
Average number of persons employed
|
During the year the average number of employees was 0 (2021 : 1)
3 of 4
For the year ended 31 March 2022
Gower Sailshades & Awnings Ltd
Notes to the Financial Statements Continued
4 of 4