GGB Investments Ltd 10821649 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is property management. Digita Accounts Production Advanced 6.30.9574.0 true 10821649 2022-04-01 2023-03-31 10821649 2023-03-31 10821649 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 10821649 bus:Micro-entities 2022-04-01 2023-03-31 10821649 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 10821649 bus:FullAccounts 2022-04-01 2023-03-31 10821649 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 10821649 bus:RegisteredOffice 2022-04-01 2023-03-31 10821649 bus:Director1 2022-04-01 2023-03-31 10821649 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10821649 countries:EnglandWales 2022-04-01 2023-03-31 10821649 2021-04-01 2022-03-31 10821649 2022-03-31 10821649 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 10821649


GGB Investments Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2023

 

GGB Investments Ltd

(Registration number: 10821649)
Balance Sheet as at 31 March 2023

2023
£

2022
£

Fixed assets

5,328,850

5,069,419

Current assets

104,521

113,761

Prepayments and accrued income

8,040

2,211

Creditors: Amounts falling due within one year

(4,455,515)

(4,352,400)

Net current liabilities

(4,342,954)

(4,236,428)

Total assets less current liabilities

985,896

832,991

Accruals and deferred income

(4,279)

(1,797)

 

981,617

831,194

Capital and reserves

981,617

831,194

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 8 Hornsleasow Farm
Snowshill Hill
Moreton-In-Marsh
GL56 9TL

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Staff numbers

The average number of persons employed by the company (including the director) during the year, was as follows:

Investment properties

The investment properties have not been depreciated, as it is believed by the director that the properties are maintained to a sufficient standard, so that they are not less than the cost value.

Related party transactions

At 31 March 2023, the company owed the director G W Davies £3,484,530 (2022: £3,387,064) in the form of a director's loan account. No interest is charged on the loan and it is repayable on demand.

At 31 March 2023, the company owed GWD Enterprises Limited £851,958 (2022: £851,958) in the form of a loan. No interest was charged on the loan and it is repayable on demand. The director G W Davies has a controlling interest in both companies.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

 

GGB Investments Ltd

(Registration number: 10821649)
Balance Sheet as at 31 March 2023

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 1 November 2023
 

.........................................
G W Davies
Director