30 March 2022 false No description of principal activity Taxfiler 2023.10 10945837business:PrivateLimitedCompanyLtd2022-03-302023-03-29 109458372022-03-29 109458372022-03-302023-03-29 10945837business:AuditExemptWithAccountantsReport2022-03-302023-03-29 10945837business:FilletedAccounts2022-03-302023-03-29 109458372023-03-29 10945837business:Director12022-03-302023-03-29 10945837business:RegisteredOffice2022-03-302023-03-29 109458372022-03-29 10945837core:WithinOneYear2023-03-29 10945837core:WithinOneYear2022-03-29 10945837core:AfterOneYear2023-03-29 10945837core:AfterOneYear2022-03-29 10945837core:ShareCapitalcore:PreviouslyStatedAmount2023-03-29 10945837core:ShareCapitalcore:PreviouslyStatedAmount2022-03-29 10945837core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-29 10945837core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-29 10945837core:PreviouslyStatedAmount2023-03-29 10945837core:PreviouslyStatedAmount2022-03-29 10945837business:SmallEntities2022-03-302023-03-29 10945837countries:EnglandWales2022-03-302023-03-29 109458372021-03-302022-03-29 iso4217:GBP xbrli:pure
Company Registration No. 10945837 (England and Wales)
Guo Properties Ltd Unaudited accounts for the year ended 29 March 2023
Guo Properties Ltd Unaudited accounts Contents
Page
- 2 -
Guo Properties Ltd Company Information for the year ended 29 March 2023
Director
Guiling Guo
Company Number
10945837 (England and Wales)
Registered Office
3 Adams Close BRIGHTON East Sussex BN1 7HU England
- 3 -
Guo Properties Ltd Statement of financial position as at 29 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
439,600 
439,600 
Current assets
Cash at bank and in hand
20,275 
11,753 
Creditors: amounts falling due within one year
(129,136)
(131,759)
Net current liabilities
(108,861)
(120,006)
Total assets less current liabilities
330,739 
319,594 
Creditors: amounts falling due after more than one year
(215,765)
(215,765)
Net assets
114,974 
103,829 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
114,874 
103,729 
Shareholders' funds
114,974 
103,829 
For the year ending 29 March 2023 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 her 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 15 November 2023 and were signed on its behalf by
Guiling Guo Director Company Registration No. 10945837
- 4 -
Guo Properties Ltd Notes to the Accounts for the year ended 29 March 2023
1
Statutory information
Guo Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 10945837. The registered office is 3 Adams Close, , BRIGHTON, East Sussex, BN1 7HU, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2023 
£ 
Fair value at 30 March 2022
439,600 
At 29 March 2023
439,600 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,380 
1,380 
Taxes and social security
1,178 
3,713 
Other creditors
3,419 
3,507 
Loans from directors
122,709 
122,709 
Accruals
450 
450 
129,136 
131,759 
- 5 -
Guo Properties Ltd Notes to the Accounts for the year ended 29 March 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
215,765 
215,765 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -