G. S. Amar Limited - Accounts to registrar (filleted) - small 18.2
G. S. Amar Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 MAY 2020 TO 30 NOVEMBER 2020 |
| FOR |
| G. S. AMAR LIMITED |
| G. S. AMAR LIMITED (REGISTERED NUMBER: 03879263) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 MAY 2020 TO 30 NOVEMBER 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| G. S. AMAR LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 MAY 2020 TO 30 NOVEMBER 2020 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants and Tax Advisers |
| 1 & 2 Mercia Village |
| Torwood Close |
| Westwood Business Park |
| Coventry |
| West Midlands |
| CV4 8HX |
| BANKERS: |
| 91-93 Regent Street |
| Leamington Spa |
| CV324NT |
| G. S. AMAR LIMITED (REGISTERED NUMBER: 03879263) |
| BALANCE SHEET |
| 30 NOVEMBER 2020 |
| 2020 | 2020 |
| as restated |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | 7 | 25,788 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| G. S. AMAR LIMITED (REGISTERED NUMBER: 03879263) |
| BALANCE SHEET - continued |
| 30 NOVEMBER 2020 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| G. S. AMAR LIMITED (REGISTERED NUMBER: 03879263) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 MAY 2020 TO 30 NOVEMBER 2020 |
| 1. | STATUTORY INFORMATION |
| G. S. Amar Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| G. S. AMAR LIMITED (REGISTERED NUMBER: 03879263) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 MAY 2020 TO 30 NOVEMBER 2020 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 May 2020 |
| Additions |
| At 30 November 2020 |
| DEPRECIATION |
| At 1 May 2020 |
| Charge for period |
| At 30 November 2020 |
| NET BOOK VALUE |
| At 30 November 2020 |
| At 30 April 2020 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2020 |
| as restated |
| £ | £ |
| Trade debtors |
| Other debtors |
| Directors' current accounts | 13,811 | 9,595 |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2020 |
| as restated |
| £ | £ |
| Trade creditors |
| Corporation tax |
| Social security and other taxes | ( |
) |
| Wages and salaries | 11,899 | 8,650 |
| Pension Payable | 359 | 484 |
| VAT | 2,811 | 1,348 |
| Other creditors |
| Accrued expenses |
| G. S. AMAR LIMITED (REGISTERED NUMBER: 03879263) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 MAY 2020 TO 30 NOVEMBER 2020 |
| 7. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 May 2020 |
| Prior year adjustment |
| Profit for the period |
| At 30 November 2020 |