Company Registration No. 11872207 (England and Wales)
G&S Diamonds Limited
Unaudited accounts
for the year ended 31 March 2022
G&S Diamonds Limited
Unaudited accounts
Contents
G&S Diamonds Limited
Company Information
for the year ended 31 March 2022
Company Number
11872207 (England and Wales)
Registered Office
First Floor
Mowbray House
Edgware Way
Edgware
HA8 8DJ
Accountants
MAP Accounting Limited
26 Oakfield Avenue
Harrow
HA3 8TJ
G&S Diamonds Limited
Statement of financial position
as at 31 March 2022
Inventories
114,500
123,938
Cash at bank and in hand
3,418
7,249
Creditors: amounts falling due within one year
(120,827)
(86,819)
Net current assets
16,637
51,014
Total assets less current liabilities
16,637
51,014
Creditors: amounts falling due after more than one year
(79,548)
(105,529)
Net liabilities
(62,911)
(54,515)
Called up share capital
1
1
Profit and loss account
(62,912)
(54,516)
Shareholders' funds
(62,911)
(54,515)
For the year ending 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 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.
The financial statements were approved by the Board and authorised for issue on 30 September 2022 and were signed on its behalf by
Willy Godlewsky
Director
Company Registration No. 11872207
G&S Diamonds Limited
Notes to the Accounts
for the year ended 31 March 2022
G&S Diamonds Limited is a private company, limited by shares, registered in England and Wales, registration number 11872207. The registered office is First Floor, Mowbray House, Edgware Way, Edgware, HA8 8DJ.
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.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
5,103
-
Trade creditors
100,472
71,572
Taxes and social security
(16)
(6,155)
Other creditors
6,843
2,769
6
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
37,534
55,529
7
Average number of employees
During the year the average number of employees was 2 (2021: 2).
