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REGISTERED NUMBER: 13373750 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 4 MAY 2021 TO 31 MAY 2022

FOR

GEORGIA SINGLETON LIMITED

GEORGIA SINGLETON LIMITED (REGISTERED NUMBER: 13373750)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 4 MAY 2021 TO 31 MAY 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GEORGIA SINGLETON LIMITED

COMPANY INFORMATION
FOR THE PERIOD 4 MAY 2021 TO 31 MAY 2022







DIRECTOR: Ms G Wheat - Singleton





REGISTERED OFFICE: 16 Millicent Road
West Bridgford
Nottingham
NG2 7LD





REGISTERED NUMBER: 13373750 (England and Wales)





ACCOUNTANTS: Tiakyfee Consultants Ltd
5 Dukes Close
Alton
Hampshire
GU34 1PH

GEORGIA SINGLETON LIMITED (REGISTERED NUMBER: 13373750)

BALANCE SHEET
31 MAY 2022

Notes £    £   
FIXED ASSETS
Investment property 4 171,460

CREDITORS
Amounts falling due within one year 5 59,664
NET CURRENT LIABILITIES (59,664 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

111,796

CREDITORS
Amounts falling due after more than one year 6 114,240
NET LIABILITIES (2,444 )

RESERVES
Income and expenditure account (2,444 )
(2,444 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 surplus or deficit 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 7 September 2022 and were signed by:





Ms G Wheat - Singleton - Director


GEORGIA SINGLETON LIMITED (REGISTERED NUMBER: 13373750)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 4 MAY 2021 TO 31 MAY 2022

1. STATUTORY INFORMATION

Georgia Singleton Limited is a private company, limited by guarantee , 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in surplus or deficit.

Financial instruments
Basic financial instruments are recognised at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, will be measured, initially and subsequently, at the undiscounted amount, unless the transaction is beyond the normal business terms or financed at a rate of interest that is not a market rate.

Taxation
Taxation for the period 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 period 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 period was NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 171,460
At 31 May 2022 171,460
NET BOOK VALUE
At 31 May 2022 171,460

GEORGIA SINGLETON LIMITED (REGISTERED NUMBER: 13373750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 4 MAY 2021 TO 31 MAY 2022

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 59,664

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Bank loans 114,240

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans > 5 years 114,240

7. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 114,240

8. RELATED PARTY DISCLOSURES

On 22 April 22 the Investment property was purchased by the Company from the director G Singleton at the market value.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms G Wheat - Singleton.