GAHANANDLONG LTD

GAHANANDLONG LTD

GAHANANDLONG LTD - Company Information

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GAHANANDLONG LTD

Company Registration Number:
NI043999 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 August 2022

Period of accounts

Start date: 01 September 2021

End date: 31 August 2022

GAHANANDLONG LTD

Contents of the Financial Statements

for the Period Ended 31 August 2022

Balance sheet
Notes

GAHANANDLONG LTD

Balance sheet

As at 31 August 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 9,615 9,861
Total fixed assets: 9,615 9,861
Current assets
Debtors:   238,981 412,315
Cash at bank and in hand: 475,777 118,729
Total current assets: 714,758 531,044
Creditors: amounts falling due within one year:   (345,623) (285,721)
Net current assets (liabilities): 369,135 245,323
Total assets less current liabilities: 378,750 255,184
Creditors: amounts falling due after more than one year:   (34,808) (44,119)
Provision for liabilities: (1,905) (1,905)
Total net assets (liabilities): 342,037 209,160
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 342,035 209,158
Shareholders funds: 342,037 209,160

The notes form part of these financial statements

GAHANANDLONG LTD

Balance sheet statements

For the year ending 31 August 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 15 May 2023
and signed on behalf of the board by:

Name: Mr C Long
Status: Director

The notes form part of these financial statements

GAHANANDLONG LTD

Notes to the Financial Statements

for the Period Ended 31 August 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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Plant & Machinery - 25% straight line, Fixtures & Fittings - 25% straight line, Motor Vehicles - 25% straight line, Equipment - 25% straight line

GAHANANDLONG LTD

Notes to the Financial Statements

for the Period Ended 31 August 2022

2. Employees

2022 2021
Average number of employees during the period 29 21

GAHANANDLONG LTD

Notes to the Financial Statements

for the Period Ended 31 August 2022

3. Tangible Assets

Total
Cost £
At 01 September 2021 65,475
Additions 2,674
At 31 August 2022 68,149
Depreciation
At 01 September 2021 55,614
Charge for year 2,920
At 31 August 2022 58,534
Net book value
At 31 August 2022 9,615
At 31 August 2021 9,861