GCE 1948 Limited - Filleted accounts

GCE 1948 Limited - Filleted accounts

GCE 1948 LIMITED - Company Information

Print Friendly Version

Registered number
04452521
GCE 1948 Limited
Filleted Accounts
31 August 2020
GCE 1948 Limited
Registered number: 04452521
Balance Sheet
as at 31 August 2020
Notes 2020 2019
£ £
Current assets
Debtors 4 7,147 7,147
Cash at bank and in hand 157,338 129,830
164,485 136,977
Creditors: amounts falling due within one year 5 (6,441) (61,937)
Net current assets 158,044 75,040
Net assets 158,044 75,040
Capital and reserves
Called up share capital 300 300
Profit and loss account 157,744 74,740
Shareholders' funds 158,044 75,040
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr C W Roberts
Director
Approved by the board on 9 March 2021
GCE 1948 Limited
Notes to the Accounts
for the year ended 31 August 2020
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2020 2019
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Fixtures and Fittings Equipment Total
£ £ £
Cost
At 1 September 2019 13,338 46,176 59,514
At 31 August 2020 13,338 46,176 59,514
Depreciation
At 1 September 2019 13,338 46,176 59,514
At 31 August 2020 13,338 46,176 59,514
Net book value
At 31 August 2020 - - -
4 Debtors 2020 2019
£ £
Trade debtors 2,147 2,147
Other debtors 5,000 5,000
7,147 7,147
5 Creditors: amounts falling due within one year 2020 2019
£ £
Trade creditors - 56,375
Taxation and social security costs 1,342 1,342
Other creditors 5,099 4,220
6,441 61,937
6 Related party transactions
The company was under the control of its directors throughout the current year. No transactions were undertaken such as are required to be disclosed under the Financial Reporting Standard for Smaller Entities.
7 Other information
GCE 1948 Limited is a private company limited by shares and incorporated in England. Its registered office is:
9 Station Parade
Uxbridge Road
Ealing Common
London
W5 3LD
GCE 1948 Limited 04452521 false 2019-09-01 2020-08-31 2020-08-31 VT Final Accounts April 2021 Mr C W Roberts No description of principal activity 04452521 2018-09-01 2019-08-31 04452521 core:WithinOneYear 2019-08-31 04452521 core:ShareCapital 2019-08-31 04452521 core:RetainedEarningsAccumulatedLosses 2019-08-31 04452521 2019-09-01 2020-08-31 04452521 bus:PrivateLimitedCompanyLtd 2019-09-01 2020-08-31 04452521 bus:AuditExempt-NoAccountantsReport 2019-09-01 2020-08-31 04452521 bus:Director40 2019-09-01 2020-08-31 04452521 countries:England 2019-09-01 2020-08-31 04452521 bus:FRS102 2019-09-01 2020-08-31 04452521 bus:FullAccounts 2019-09-01 2020-08-31 04452521 2020-08-31 04452521 core:WithinOneYear 2020-08-31 04452521 core:ShareCapital 2020-08-31 04452521 core:RetainedEarningsAccumulatedLosses 2020-08-31 04452521 core:PlantMachinery 2020-08-31 04452521 core:Vehicles 2020-08-31 04452521 2019-08-31 04452521 core:PlantMachinery 2019-08-31 04452521 core:Vehicles 2019-08-31 iso4217:GBP xbrli:pure