Gaubert's Brothers Limited

Gaubert's Brothers Limited

GAUBERT'S BROTHERS LIMITED - Company Information

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Company Registration No. 08967439 (England and Wales)
Gaubert's Brothers Limited Unaudited accounts for the year ended 31 March 2023
Gaubert's Brothers Limited Unaudited accounts Contents
Page
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Gaubert's Brothers Limited Company Information for the year ended 31 March 2023
Directors
Adrien Gaubert Pierre Gaubert Andrew Robertson
Company Number
08967439 (England and Wales)
Registered Office
86-90 PAUL STREET LONDON EC2A 4NE United Kingdom
Accountants
Accounts and Legal Consultants Ltd Suite 1-3 The Hop Exchange 24 Southwark Street London SE1 1TY
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Gaubert's Brothers Limited Accountants' report
Accountants' report to the board of directors of Gaubert's Brothers Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Gaubert's Brothers Limited for the year ended 31 March 2023 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Gaubert's Brothers Limited , as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Gaubert's Brothers Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gaubert's Brothers Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Gaubert's Brothers 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 Gaubert's Brothers Limited . You consider that Gaubert's Brothers 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 Gaubert's Brothers 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.
Accounts and Legal Consultants Ltd Suite 1-3 The Hop Exchange 24 Southwark Street London SE1 1TY 18 October 2023
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Gaubert's Brothers Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,912 
4,066 
Current assets
Debtors
5
816,173 
595,192 
Cash at bank and in hand
201,573 
816,476 
1,017,746 
1,411,668 
Creditors: amounts falling due within one year
6
(2,191,649)
(1,135,751)
Net current (liabilities)/assets
(1,173,903)
275,917 
Total assets less current liabilities
(1,169,991)
279,983 
Creditors: amounts falling due after more than one year
7
(376,509)
(107,820)
Net (liabilities)/assets
(1,546,500)
172,163 
Capital and reserves
Called up share capital
8
207 
207 
Share premium
2,863,256 
2,863,256 
Profit and loss account
(4,409,963)
(2,691,300)
Shareholders' funds
(1,546,500)
172,163 
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2023 and were signed on its behalf by
Pierre Gaubert Director Company Registration No. 08967439
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Gaubert's Brothers Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Gaubert's Brothers Limited is a private company, limited by shares, registered in England and Wales, registration number 08967439. The registered office is 86-90 PAUL STREET, LONDON, EC2A 4NE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts of work carried out in respect of services provided to customers.
Going concern
These accounts have been prepared on the going concern basis as the company expects to raise equity within the coming months, which will fund the business activity until 2025, when the Directors expect the company to be in a profit making position.
Revenue Recognition Policy
Revenue is recognised over the term of the contract and in the month that events take place.
Tangible fixed assets policy
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
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Gaubert's Brothers Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2022
4,595 
Additions
1,291 
At 31 March 2023
5,886 
Depreciation
At 1 April 2022
529 
Charge for the year
1,445 
At 31 March 2023
1,974 
Net book value
At 31 March 2023
3,912 
At 31 March 2022
4,066 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
(36,601)
5,148 
Trade debtors
748,014 
486,513 
Accrued income and prepayments
56,713 
78,150 
Other debtors
25,367 
16,501 
793,493 
586,312 
Amounts falling due after more than one year
Other debtors
22,680 
8,880 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
145,607 
27,315 
Trade creditors
177,612 
129,522 
Taxes and social security
164,747 
28,270 
Other creditors
33,052 
44,098 
Accruals
96,000 
59,500 
Deferred income
1,574,631 
847,046 
2,191,649 
1,135,751 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
380,254 
107,820 
Other creditors
(3,745)
- 
376,509 
107,820 
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Gaubert's Brothers Limited Notes to the Accounts for the year ended 31 March 2023
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
20,659 Ordinary shares of £0.01 each
206.59 
206.59 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Adrien Gaubert
7,317 
- 
- 
7,317 
Pierre Gaubert
9,184 
- 
- 
9,184 
16,501 
- 
- 
16,501 
10
Average number of employees
During the year the average number of employees was 22 (2022: 14).
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