Company Registration No. 11780840 (England and Wales)
Gibie Home Furnishings Limited
Unaudited accounts
for the year ended 31 December 2021
Gibie Home Furnishings Limited
Unaudited accounts
Contents
Gibie Home Furnishings Limited
Company Information
for the year ended 31 December 2021
Directors
Mr Vibhu Taneja
Mr Mark Christian David Swanwick
Mr Hitesh Anand
Company Number
11780840 (England and Wales)
Registered Office
31 Rutland Street
Lcb Depot
Leicester
LE1 1RE
United Kingdom
Accountants
Accounting Wise Ltd
3 The Carriages
Station Road
Ware
Hertfordshire
SG129PL
Gibie Home Furnishings Limited
Statement of financial position
as at
31 December 2021
Cash at bank and in hand
11,527
3,301
Creditors: amounts falling due within one year
(16,284)
(19,186)
Net current assets
5,284
17,041
Called up share capital
1
1
Share premium
187,653
69,980
Profit and loss account
(182,206)
(52,569)
Shareholders' funds
5,448
17,412
For the year ending 31 December 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 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 6 May 2022 and were signed on its behalf by
Mr Hitesh Anand
Director
Company Registration No. 11780840
Gibie Home Furnishings Limited
Notes to the Accounts
for the year ended 31 December 2021
Gibie Home Furnishings Limited is a private company, limited by shares, registered in England and Wales, registration number 11780840. The registered office is 31 Rutland Street, Lcb Depot, Leicester, LE1 1RE, 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.
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
2 years
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Gibie Home Furnishings Limited
Notes to the Accounts
for the year ended 31 December 2021
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
852
26,500
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
11,686
19,944
Taxes and social security
3,019
(1)
Other creditors
1,579
2,310
7
Average number of employees
During the year the average number of employees was 2 (2020: 1).