Accounts Submission

Accounts Submission

G & V FINANCIAL SERVICES LIMITED - Company Information

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G & V FINANCIAL SERVICES LIMITED

Company Registration Number:
05752923 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

Page 1

G & V FINANCIAL SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

Page 2

G & V FINANCIAL SERVICES LIMITED

Company Information

for the Period Ended 31 March 2020




Director: Mrs Jurgita Martinez
Registered office: Studio F2
1st Floor, The Granary
80 Abbey Road
Barking
England
IG11 7BT
Company Registration Number: 05752923 (England and Wales)

Page 3

G & V FINANCIAL SERVICES LIMITED

Balance sheet

As at 31 March 2020


Notes
2020
£
2019
£
Fixed assets
Tangible assets: 4 7,792 6,941
Total fixed assets: 7,792 6,941
Current assets
Debtors: 5 22,434 56,217
Cash at bank and in hand: 35,775 13,380
Total current assets: 58,209 69,597
Creditors: amounts falling due within one year: 6 ( 55,871 ) ( 72,296 )
Net current assets (liabilities): 2,338 ( 2,699 )
Total assets less current liabilities: 10,130 4,242
Total net assets (liabilities): 10,130 4,242

The notes form part of these financial statements

Page 4

G & V FINANCIAL SERVICES LIMITED

Balance sheet continued

As at 31 March 2020


Notes
2020
£
2019
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 10,030 4,142
Shareholders funds: 10,130 4,242

For the year ending 31 March 2020 the company was entitled to exemption 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.

This report was approved by the board of directors on 3 December 2020
And Signed On Behalf Of The Board By:

Name: Mrs Jurgita Martinez
Status: Director

The notes form part of these financial statements

Page 5

G & V FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Page 6

G & V FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

  • 2. Employees


    2020
    2019
    Average number of employees during the period 7 7

Page 7

G & V FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

  • 3. Off balance sheet disclosure

    No

Page 8

G & V FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Tangible assets

Office equipment Total
Cost £ £
At 01 April 2019 15,303 15,303
Additions 3,437 3,437
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2020 18,740 18,740
Depreciation
At 01 April 2019 8,362 8,362
Charge for year 2,586 2,586
On disposals - -
Other adjustments - -
At 31 March 2020 10,948 10,948
Net book value
At 31 March 2020 7,792 7,792
At 31 March 2019 6,941 6,941

Page 9

G & V FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

5. Debtors


2020
£
2019
£
Trade debtors 6,854 10,523
Prepayments and accrued income 5,698 5,600
Other debtors 9,882 40,094
Total 22,434 56,217

Page 10

G & V FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

6.Creditors: amounts falling due within one year note


2020
£
2019
£
Bank loans and overdrafts 16,454 32,467
Trade creditors 1,560 1,300
Taxation and social security 37,857 38,529
Total 55,871 72,296

Page 11