Company Registration No. 8984500 (England and Wales)
Gauntly & Arabin Limited
Unaudited accounts
for the year ended 31 March 2022
Gauntly & Arabin Limited
Statement of financial position
as at 31 March 2022
Investments
105,908
58,777
Cash at bank and in hand
929
7,195
Creditors: amounts falling due within one year
(24,272)
(8,967)
Net current assets
80,212
64,716
Total assets less current liabilities
186,120
123,493
Provisions for liabilities
Net assets
186,120
121,987
Called up share capital
100
100
Profit and loss account
186,020
121,887
Shareholders' funds
186,120
121,987
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 19 December 2022 and were signed on its behalf by
Dr D Burch
Director
Company Registration No. 8984500
Gauntly & Arabin Limited
Notes to the Accounts
for the year ended 31 March 2022
Gauntly & Arabin Limited is a private company, limited by shares, registered in England and Wales, registration number 8984500. The registered office is The Cottage, Horley, Banubry, Oxfordshire, OX15 6BE, UK.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Investments in shares are included at fair value.
4
Investments
Other investments
Valuation at 1 April 2021
58,777
Fair value adjustments
(5,469)
Valuation at 31 March 2022
105,908
Amounts falling due within one year
Other debtors
103,555
66,488
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
24,272
8,967
Gauntly & Arabin Limited
Notes to the Accounts
for the year ended 31 March 2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan repayable on demand
52,542
28,770
-
81,312
Interest at the official rate of 2% (2021: 2.25%) was charged on the loans. The loans are repayable on demand.
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).
