Company Registration No. 11872207 (England and Wales)
G&S Diamonds Limited
Unaudited accounts
for the year ended 31 March 2021
G&S Diamonds Limited
Unaudited accounts
Contents
G&S Diamonds Limited
Company Information
for the year ended 31 March 2021
Company Number
11872207 (England and Wales)
Registered Office
JAPONICA HOUSE
8 SPRING VILLA PARK
LONDON
HA8 7EB
ENGLAND
Accountants
MAP Accounting Limited
26 Oakfield Avenue
Harrow
HA3 8TJ
G&S Diamonds Limited
Statement of financial position
as at 31 March 2021
Inventories
123,938
93,461
Cash at bank and in hand
7,249
223
Creditors: amounts falling due within one year
(86,819)
(55,151)
Net current assets
51,014
85,255
Total assets less current liabilities
51,014
85,255
Creditors: amounts falling due after more than one year
(105,529)
(85,117)
Net (liabilities)/assets
(54,515)
138
Called up share capital
1
1
Profit and loss account
(54,516)
137
Shareholders' funds
(54,515)
138
For the year ending 31 March 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 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 16 December 2021 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 2021
G&S Diamonds Limited is a private company, limited by shares, registered in England and Wales, registration number 11872207. The registered office is JAPONICA HOUSE, 8 SPRING VILLA PARK, LONDON, HA8 7EB, 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 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.
4
Debtors: amounts falling due within one year
2021
2020
Trade debtors
6,646
46,721
5
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
-
4,268
Trade creditors
71,572
38,544
Taxes and social security
(6,155)
32
Other creditors
2,769
(100)
6
Creditors: amounts falling due after more than one year
2021
2020
Other creditors
55,529
85,117
7
Average number of employees
During the year the average number of employees was 2 (2020: 2).
