GEMAC DEVELOPMENTS LIMITED

GEMAC DEVELOPMENTS LIMITED

GEMAC DEVELOPMENTS LIMITED - Company Information

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GEMAC DEVELOPMENTS LIMITED

Company Registration Number:
10995467 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2022

Period of accounts

Start date: 1 November 2021

End date: 31 October 2022

GEMAC DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Additional notes
Balance sheet notes

GEMAC DEVELOPMENTS LIMITED

Balance sheet

As at 31 October 2022

Notes 2022 2021


£
£
Fixed assets
Tangible assets: 3 530 701
Total fixed assets: 530 701
Current assets
Debtors: 4 4,324 996
Cash at bank and in hand: 33 14
Total current assets: 4,357 1,010
Creditors: amounts falling due within one year: 5 ( 7,665 ) ( 1,562 )
Net current assets (liabilities): (3,308) (552)
Total assets less current liabilities: (2,778) 149
Total net assets (liabilities): (2,778) 149
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (2,780 ) 147
Total Shareholders' funds: ( 2,778 ) 149

The notes form part of these financial statements

GEMAC DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 31 October 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.

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

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

This report was approved by the board of directors on 21 July 2023
and signed on behalf of the board by:

Name: Mr Greg Cull
Status: Director

The notes form part of these financial statements

GEMAC DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Tangible fixed assets depreciation policy

    Office equipment - 20% Straight line

GEMAC DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 2 2

GEMAC DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2021 859 0 859
Additions 13,203 13,203
Disposals ( 13,203 ) ( 13,203 )
Revaluations
Transfers
At 31 October 2022 859 0 859
Depreciation
At 1 November 2021 158 158
Charge for year 171 171
On disposals
Other adjustments
At 31 October 2022 329 329
Net book value
At 31 October 2022 530 0 530
At 31 October 2021 701 0 701

GEMAC DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Debtors

2022 2021
£ £
Other debtors 4,324 996
Total 4,324 996

GEMAC DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

5. Creditors: amounts falling due within one year note

2022 2021
£ £
Accruals and deferred income 990 1,015
Other creditors 6,675 547
Total 7,665 1,562