Company Registration No. 10944723 (England and Wales)
The Gastric Guru Ltd
Unaudited accounts
for the period from 4 September 2017 to 30 September 2018
The Gastric Guru Ltd
Unaudited accounts
Contents
The Gastric Guru Ltd
Company Information
for the period from 4 September 2017 to 30 September 2018
Directors
B Sheldrake
G Walker
Company Number
10944723 (England and Wales)
Registered Office
10 OAKDENE AVENUE
CHISLEHURST
BR7 6EA
ENGLAND
Accountants
The Straightener Limited
83 Ducie Street
Manchester
M1 2JQ
The Gastric Guru Ltd
Statement of financial position
as at
30 September 2018
Creditors: amounts falling due within one year
(39,887)
Net current liabilities
(37,937)
Called up share capital
100
Profit and loss account
(26,836)
Shareholders' funds
(26,736)
For the period ending 30 September 2018 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.
Approved by the Board on 30 May 2019.
G Walker
Director
Company Registration No. 10944723
The Gastric Guru Ltd
Notes to the Accounts
for the period from 4 September 2017 to 30 September 2018
The Gastric Guru Ltd is a private company, limited by shares, registered in England and Wales, registration number 10944723. The registered office is 10 OAKDENE AVENUE, CHISLEHURST, BR7 6EA, 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 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
33% per annum straight line basis
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The director has confirmed she will continue to financially support the company and therefore, the going concern basis of accounting is considered appropriate.
The Gastric Guru Ltd
Notes to the Accounts
for the period from 4 September 2017 to 30 September 2018
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
At 4 September 2017
16,717
At 30 September 2018
16,717
Charge for the period
5,516
At 30 September 2018
5,516
At 30 September 2018
11,201
6
Creditors: amounts falling due within one year
2018
Loans from directors
38,887
7
Average number of employees
During the period the average number of employees was 0.