G-Mec Fabrication Limited - Period Ending 2021-03-31

G-Mec Fabrication Limited

Contents

Company Information	1
Statement of Financial Position	2 to 4
Notes to the Unaudited Financial Statements	3

G-Mec Fabrication Limited

Company Information

Directors

Mark David Biddlecombe Vanetta T Biddlecombe

Registered office

Woodlands Bunny Lane Sherfield English Romsey SO51 6FT

Accountants

Graham Jones LLP The South Street Centre 16-20 South Street Hythe Southampton SO45 6EB

G-Mec Fabrication Limited

(Registration number: 05402177)
Statement of Financial Position as at 31 March 2021

	2021 £	2020 £
Fixed assets	11,726	25,879
Current assets	179,928	101,656
Prepayments and accrued income	3,295	12,897
Creditors: Amounts falling due within one year	(72,866)	(88,968)
Net current assets	110,357	25,585
Total assets less current liabilities	122,083	51,464
Creditors: Amounts falling due after more than one year	(50,000)	-
Accruals and deferred income	(1,933)	(2,080)
	70,150	49,384
Capital and reserves	70,150	49,384

 

G-Mec Fabrication Limited

(Registration number: 05402177)
Statement of Financial Position as at 31 March 2021

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Woodlands
Bunny Lane
Sherfield English
Romsey
SO51 6FT

These financial statements were authorised for issue by the Board on 15 July 2021.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2020 - 5).

3	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of guarantees not included in the balance sheet is £48,454 (2020 - £55,948). The company has guaranteed loan payments up to £105,000 due by the directors secured by a debenture.

The Guarantee is in place until full repayment of the loan has taken place in April 2027.

 

G-Mec Fabrication Limited

(Registration number: 05402177)
Statement of Financial Position as at 31 March 2021

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 15 July 2021 and signed on its behalf by:
 

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Mark David Biddlecombe
Director

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Vanetta T Biddlecombe
Director