GW Services Nottingham Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 08686127 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2022

for

GW Services Nottingham Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G Wilkinson

REGISTERED OFFICE:

Unit 33 Century Business Centre

Century Business Park

Manvers

Rotherham

South Yorkshire

S63 5DA

REGISTERED NUMBER:

08686127 (England and Wales)

FIXED ASSETS

Tangible assets

4

141

203

CURRENT ASSETS

Debtors

5

341,747

134,849

Cash at bank

132,452

326,443

474,199

461,292

CREDITORS

Amounts falling due within one year

6

34,509

55,546

NET CURRENT ASSETS

439,690

405,746

TOTAL ASSETS LESS CURRENT LIABILITIES

439,831

405,949

PROVISIONS FOR LIABILITIES

27

-

NET ASSETS

439,804

405,949

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

439,704

405,849

SHAREHOLDERS' FUNDS

439,804

405,949

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 27 June 2023 and were signed by:

G Wilkinson - Director

1.	STATUTORY INFORMATION

GW Services Nottingham Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the year 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2021

and 30 September 2022

753

DEPRECIATION

At 1 October 2021

550

Charge for year

62

At 30 September 2022

612

NET BOOK VALUE

At 30 September 2022

141

At 30 September 2021

203

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.22

30.9.21

£

£

Other debtors

341,747

134,849

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.22

30.9.21

£

£

Trade creditors

144

-

Taxation and social security

31,971

53,236

Other creditors

2,394

2,310

34,509

55,546

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.22

30.9.21

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 October 2021

405,849

Profit for the year

133,855

Dividends

(100,000

)

At 30 September 2022

439,704

9.	TRANSACTIONS WITH DIRECTORS

Included in debtors is £341,747 (2021: £99,849) in respect of a loan to the director. Interest is charged on the loan at 2% per annum with no fixed repayment terms.