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REGISTERED NUMBER: 09186185 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2022 TO 31 OCTOBER 2022

FOR

GILBODY HOLDINGS LIMITED

GILBODY HOLDINGS LIMITED (REGISTERED NUMBER: 09186185)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2022 TO 31 OCTOBER 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GILBODY HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2022 TO 31 OCTOBER 2022







DIRECTORS: Mr RB Patel
Mr JA Patel
Mr AD Patel





REGISTERED OFFICE: 118 Belgrave Road
Leicester
LE4 5AT





REGISTERED NUMBER: 09186185 (England and Wales)

GILBODY HOLDINGS LIMITED (REGISTERED NUMBER: 09186185)

BALANCE SHEET
31 OCTOBER 2022

2022 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,321,161 2,321,161

CURRENT ASSETS
Debtors 5 241,644 241,644
Cash at bank - 90,602
241,644 332,246
CREDITORS
Amounts falling due within one year 6 1,405,723 1,496,934
NET CURRENT LIABILITIES (1,164,079 ) (1,164,688 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,157,082

1,156,473

CAPITAL AND RESERVES
Called up share capital 3 3
Share premium 1,149,997 1,149,997
Retained earnings 7,082 6,473
1,157,082 1,156,473

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

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

The directors acknowledge their 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.

GILBODY HOLDINGS LIMITED (REGISTERED NUMBER: 09186185)

BALANCE SHEET - continued
31 OCTOBER 2022


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 Board of Directors and authorised for issue on 29 September 2023 and were signed on its behalf by:





Mr JA Patel - Director


GILBODY HOLDINGS LIMITED (REGISTERED NUMBER: 09186185)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2022 TO 31 OCTOBER 2022


1. STATUTORY INFORMATION

Gilbody Holdings Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

GILBODY HOLDINGS LIMITED (REGISTERED NUMBER: 09186185)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2022 TO 31 OCTOBER 2022


2. ACCOUNTING POLICIES - continued

Comparative figures
The comparative figures are for the 14 month period of trading to 31 March 2022. The current figures represent an shortened 7 month period of trading to 31 October 2022.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2022
and 31 October 2022 2,321,161
NET BOOK VALUE
At 31 October 2022 2,321,161
At 31 March 2022 2,321,161

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2022
£    £   
Amounts owed by group undertakings 241,644 -
Directors' current accounts - 241,644
241,644 241,644

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2022
£    £   
Amounts owed to group undertakings 1,405,080 1,495,682
Taxation 143 -
Accruals and deferred income 500 1,252
1,405,723 1,496,934

GILBODY HOLDINGS LIMITED (REGISTERED NUMBER: 09186185)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2022 TO 31 OCTOBER 2022


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 31 October 2022 and 31 March 2022:

2022 2022
£    £   
Mr JL Gilbody
Balance outstanding at start of period 241,644 (163 )
Amounts advanced - 327,379
Amounts repaid (241,644 ) (85,572 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 241,644

8. ULTIMATE CONTROLLING PARTY

The immediate parent undertaking of the company is Twigcrest Limited. The registered office and principal place of business of Twigcrest Limited is 118 Belgrave Road, Leicester, LE4 5AT.

The ultimate parent undertaking of the company is BMP Holdings (Leicester) Limited. The registered office and principal place of business of BMP Holdings (Leicester) Limited is 118 Belgrave Road, Leicester, LE4 5AT.

The company is the subsidiary undertaking of a small group and as such is not required by the companies Act 2006 to prepare group accounts.