Company Registration No. 06642840 (England and Wales)
GAMS LTD
Unaudited accounts
for the year ended 30 June 2019
GAMS LTD
Unaudited accounts
Contents
GAMS LTD
Company Information
for the year ended 30 June 2019
Company Number
06642840 (England and Wales)
Registered Office
22 LICHFIELD AVENUE
HALE
ALTRINCHAM
CHESHIRE
WA15 8PG
Accountants
AMS Accountants SBU Ltd
Tadis House
455 Whalley New Road
Blackburn
Lancashire
BB1 9SP
GAMS LTD
Statement of financial position
as at 30 June 2019
Tangible assets
6,635
3,606
Cash at bank and in hand
6,716
4,189
Creditors: amounts falling due within one year
(24,958)
(24,246)
Net current assets
23,958
10,443
Called up share capital
100
100
Profit and loss account
30,493
13,949
Shareholders' funds
30,593
14,049
For the year ending 30 June 2019 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 his 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 17 March 2020.
Rehan Ahmed
Director
Company Registration No. 06642840
GAMS LTD
Notes to the Accounts
for the year ended 30 June 2019
GAMS LTD is a private company, limited by shares, registered in England and Wales, registration number 06642840. The registered office is 22 LICHFIELD AVENUE, HALE, ALTRINCHAM, CHESHIRE, WA15 8PG.
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:
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Other debtors
42,200
30,500
GAMS LTD
Notes to the Accounts
for the year ended 30 June 2019
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
23,199
17,196
Other creditors
1,219
3,047
Loans from directors
540
4,003
7
Average number of employees
During the year the average number of employees was 0 (2018: 0).
