Gethsamane Limited - Period Ending 2023-02-28

Gethsamane Limited

Contents

Company Information	1
Director's Report	2
Accountants' Report	3
Balance Sheet	4
Notes to the Unaudited Financial Statements	5 to 6

Gethsamane Limited

Company Information

Director

Mr R Kochupapy

Registered office

6 Houndiscombe Road Plymouth Devon PL4 6HH

Bankers

HSBC Plymouth City Centre PO BOX 26 4 Old Town Street Plymouth Devon PL1 1DD

Accountants

Houndiscombe Consultants Limited T/A Condy Mathias Chartered Accountants 6 Houndiscombe Road Plymouth Devon PL4 6HH

Gethsamane Limited

Director's Report for the Year Ended 28 February 2023

The director presents his report and the financial statements for the year ended 28 February 2023.

Director of the company

The director who held office during the year was as follows:

Mr R Kochupapy

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the director on 18 May 2023 and signed on its behalf by:

......................................... Mr R Kochupapy Director

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Gethsamane Limited
for the Year Ended 28 February 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Gethsamane Limited for the year ended 28 February 2023 as set out on pages 4 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Gethsamane Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Gethsamane Limited and state those matters that we have agreed to state to the Board of Directors of Gethsamane Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gethsamane Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Gethsamane Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Gethsamane Limited. You consider that Gethsamane Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Gethsamane Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Houndiscombe Consultants Limited
T/A Condy Mathias Chartered Accountants
6 Houndiscombe Road
Plymouth
Devon
PL4 6HH

18 May 2023

Gethsamane Limited

(Registration number: 09446470)
Balance Sheet as at 28 February 2023

	Note	2023 £	2022 £
Current assets
Cash at bank and in hand		605	1,399
Creditors: Amounts falling due within one year	5	(1,197)	(1,618)
Net liabilities		(592)	(219)
Capital and reserves
Called up share capital		170	170
Retained earnings		(762)	(389)
Shareholders' deficit		(592)	(219)

For the financial year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 18 May 2023
 

.........................................

Mr R Kochupapy

Director

Gethsamane Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

1	General information

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

The address of its registered office is:
6 Houndiscombe Road
Plymouth
Devon
PL4 6HH
United Kingdom

The principal place of business is:
6 Sandpiper Road
Plymouth
Devon
PL6 8EJ

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance
These financial statements have been prepared using historic cost convention except that as disclosed in the accounting policies certain items are shown at fair value. These financial statements have been prepared in the UK and Republic of Ireland and the Companies Act 2006.
 

Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Going concern

The financial statements have been prepared on a going concern basis although no transactions have taken place during the year

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Debtors

	2023 £	2022 £
	-	-

Gethsamane Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

5

Creditors

Creditors: amounts falling due within one year

	2023 £	2022 £
Due within one year
Other creditors	1,197	1,618