Company Registration No. 10295037 (England and Wales)
GINSBERG PROPERTIES LIMITED
Unaudited accounts
for the period from 1 October 2021 to 29 September 2022
GINSBERG PROPERTIES LIMITED
Unaudited accounts
Contents
GINSBERG PROPERTIES LIMITED
Company Information
for the period from 1 October 2021 to 29 September 2022
Company Number
10295037 (England and Wales)
Registered Office
STERLING HOUSE
71 FRANCIS ROAD, EDGBASTON,
BIRMINGHAM
B16 8SP
UNITED KINGDOM
Accountants
Wentworth Wealth Ltd
44-45 Calthorpe Road
Edgbaston
Birmingham
B15 1TH
GINSBERG PROPERTIES LIMITED
Statement of financial position
as at 29 September 2022
Tangible assets
550,834
529,011
Cash at bank and in hand
92,800
10,487
Creditors: amounts falling due within one year
(2,647)
(18,047)
Net current assets
590,016
393,553
Net assets
1,140,950
922,664
Called up share capital
200
200
Profit and loss account
1,140,750
922,464
Shareholders' funds
1,140,950
922,664
For the period ending 29 September 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 director acknowledges his 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 and authorised for issue on 29 September 2023 and were signed on its behalf by
Harkamel Singh
Director
Company Registration No. 10295037
GINSBERG PROPERTIES LIMITED
Notes to the Accounts
for the period from 1 October 2021 to 29 September 2022
GINSBERG PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10295037. The registered office is STERLING HOUSE, 71 FRANCIS ROAD, EDGBASTON,, BIRMINGHAM, B16 8SP, UNITED KINGDOM.
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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:
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. No depreciation is provided and changes in fair value are recognised in the profit and loss account.
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2021
529,011
-
529,011
At 29 September 2022
529,011
32,734
561,745
Charge for the period
-
10,911
10,911
At 29 September 2022
-
10,911
10,911
At 29 September 2022
529,011
21,823
550,834
At 30 September 2021
529,011
-
529,011
GINSBERG PROPERTIES LIMITED
Notes to the Accounts
for the period from 1 October 2021 to 29 September 2022
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Investments
Subsidiary undertakings
Valuation at 1 October 2021
100
Valuation at 29 September 2022
100
Amounts falling due within one year
Amounts due from group undertakings etc.
499,149
-
Accrued income and prepayments
714
714
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
400,399
7
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
-
16,799
8
Transactions with related parties
As t the balance sheet date £499,149 (2021: £400,399) was due from Crowne Home Care Limited, a partially owned subsidiary company.
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Average number of employees
During the period the average number of employees was 2 (2021: 0).