STANLEY GIBSON LIMITED

STANLEY GIBSON LIMITED

STANLEY GIBSON LIMITED - Company Information

Print Friendly Version

STANLEY GIBSON LIMITED

Company Registration Number:
03251586 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2022

Period of accounts

Start date: 01 May 2021

End date: 30 April 2022

STANLEY GIBSON LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2022

Balance sheet
Notes

STANLEY GIBSON LIMITED

Balance sheet

As at 30 April 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 13,158 7,708
Total fixed assets: 13,158 7,708
Current assets
Stocks: 520,601 413,316
Debtors: 4 726,028 1,398,510
Cash at bank and in hand: 1,315,533 730,368
Total current assets: 2,562,162 2,542,194
Creditors: amounts falling due within one year: 5 (776,037) (806,251)
Net current assets (liabilities): 1,786,125 1,735,943
Total assets less current liabilities: 1,799,283 1,743,651
Provision for liabilities: (3,201) (1,619)
Total net assets (liabilities): 1,796,082 1,742,032
Capital and reserves
Called up share capital: 40,003 60,003
Other reserves: 125,000 105,000
Profit and loss account: 1,631,079 1,577,029
Shareholders funds: 1,796,082 1,742,032

The notes form part of these financial statements

STANLEY GIBSON LIMITED

Balance sheet statements

For the year ending 30 April 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 January 2023
and signed on behalf of the board by:

Name: R Bowrey
Status: Director

The notes form part of these financial statements

STANLEY GIBSON LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

STANLEY GIBSON LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2022

2. Employees

2022 2021
Average number of employees during the period 16 17

STANLEY GIBSON LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2022

3. Tangible Assets

Total
Cost £
At 01 May 2021 101,607
Additions 19,127
Disposals (88,177)
At 30 April 2022 32,557
Depreciation
At 01 May 2021 93,899
Charge for year 6,728
On disposals (81,228)
At 30 April 2022 19,399
Net book value
At 30 April 2022 13,158
At 30 April 2021 7,708

STANLEY GIBSON LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2022

4. Debtors

2022 2021
££
Debtors due after more than one year: 726,028 1,398,510

STANLEY GIBSON LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2022

5. Creditors: amounts falling due within one year note

Trade Creditors 438956Corporation Tax 19138Taxation and Social Security 6289Other creditors 91861Accruals and deferred income 219793

STANLEY GIBSON LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2022

6. Loans to directors

At the end of the year a director was owed £54963At the end of the year a director was owed £36071

STANLEY GIBSON LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2022

7. Related party transactions

Name of the related party:
Relationship:
Consultant
Description of the Transaction: Consultancy fees were paid to a director
£
Balance at 01 May 2021 0
Balance at 30 April 2022 0

Total dividends of £42218 were paid to directors