Company Registration No. 11200527 (England and Wales)
Gavrigod Properties Ltd
Unaudited accounts
for the period from 1 March 2022 to 31 December 2022
Gavrigod Properties Ltd
Unaudited accounts
Contents
Gavrigod Properties Ltd
Company Information
for the period from 1 March 2022 to 31 December 2022
Directors
Gavin Cohen
Rinat Cohen
Company Number
11200527 (England and Wales)
Registered Office
Brindley Goldstein Limited
103 High Street
Waltham Cross
EN8 7AN
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Gavrigod Properties Ltd for the period from 1 March 2022 to 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Gavrigod Properties Ltd for the period from
1 March 2022 to
31 December 2022 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Gavrigod Properties Ltd, as a body, in accordance with the terms of our engagement letter dated 3 May 2019. Our work has been undertaken solely to prepare for your approval the accounts of Gavrigod Properties Ltd and state those matters that we have agreed to state to the Board of Directors of Gavrigod Properties Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gavrigod Properties Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Gavrigod Properties Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Gavrigod Properties Ltd. You consider that Gavrigod Properties Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Gavrigod Properties Ltd. 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.
Brindley Goldstein Ltd
Chartered Accountants
103 High Street
Waltham Cross
EN8 7AN
30 September 2023
Gavrigod Properties Ltd
Statement of financial position
as at 31 December 2022
Tangible assets
632,096
632,096
Cash at bank and in hand
-
1,962
Creditors: amounts falling due within one year
(606,317)
(613,667)
Net current liabilities
(606,317)
(611,705)
Called up share capital
2
2
Profit and loss account
25,777
20,389
Shareholders' funds
25,779
20,391
For the period ending 31 December 2022 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 30 September 2023 and were signed on its behalf by
Gavin Cohen
Director
Company Registration No. 11200527
Gavrigod Properties Ltd
Notes to the Accounts
for the period from 1 March 2022 to 31 December 2022
Gavrigod Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 11200527. The registered office is Brindley Goldstein Limited, 103 High Street, Waltham Cross, EN8 7AN.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
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:
Land & buildings
No depreciation is provided on the company's freehold properties
4
Tangible fixed assets
Land & buildings
At 31 December 2022
632,096
At 31 December 2022
632,096
At 28 February 2022
632,096
5
Creditors: amounts falling due within one year
31/12/2022
28/02/2022
Taxes and social security
1,583
208
Loans from directors
602,934
612,049
Gavrigod Properties Ltd
Notes to the Accounts
for the period from 1 March 2022 to 31 December 2022
6
Share capital
31/12/2022
28/02/2022
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
7
Transactions with related parties
The company was under the control of Mr Gavin Cohen and Mrs Rinat Cohen throughout the current period. Mr Gavin Cohen and Mrs Rinat Cohen are both personally interested in 50% of the company's issued share capital.
8
Average number of employees
During the period the average number of employees was 0 (28/02/2022: 0).