Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-312022-08-01falseHolding company.11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12784463 2022-08-01 2023-07-31 12784463 2021-08-01 2022-07-31 12784463 2023-07-31 12784463 2022-07-31 12784463 c:Director1 2022-08-01 2023-07-31 12784463 d:FreeholdInvestmentProperty 2023-07-31 12784463 d:FreeholdInvestmentProperty 2022-07-31 12784463 d:CurrentFinancialInstruments 2023-07-31 12784463 d:CurrentFinancialInstruments 2022-07-31 12784463 d:Non-currentFinancialInstruments 2023-07-31 12784463 d:Non-currentFinancialInstruments 2022-07-31 12784463 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 12784463 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 12784463 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 12784463 d:Non-currentFinancialInstruments d:AfterOneYear 2022-07-31 12784463 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-07-31 12784463 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-07-31 12784463 d:ShareCapital 2023-07-31 12784463 d:ShareCapital 2022-07-31 12784463 d:RetainedEarningsAccumulatedLosses 2023-07-31 12784463 d:RetainedEarningsAccumulatedLosses 2022-07-31 12784463 c:FRS102 2022-08-01 2023-07-31 12784463 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 12784463 c:FullAccounts 2022-08-01 2023-07-31 12784463 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12784463 6 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: 12784463










GGD GROUP HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
GGD GROUP HOLDINGS LIMITED
REGISTERED NUMBER: 12784463

BALANCE SHEET
AS AT 31 JULY 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Investments
 4 
1
1

Investment property
 5 
1,159,203
1,159,203

  
1,159,204
1,159,204

Current assets
  

Debtors: amounts falling due within one year
 6 
2,580,364
2,176,464

Cash at bank and in hand
 7 
70,730
73,768

  
2,651,094
2,250,232

Creditors: amounts falling due within one year
 8 
(3,139,212)
(2,751,144)

Net current liabilities
  
 
 
(488,118)
 
 
(500,912)

Total assets less current liabilities
  
671,086
658,292

Creditors: amounts falling due after more than one year
 9 
600,000
600,000

  

Net assets
  
71,086
58,292


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
70,986
58,192

  
71,086
58,292


Page 1

 
GGD GROUP HOLDINGS LIMITED
REGISTERED NUMBER: 12784463
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
R Goody
Director

Date: 2 February 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
GGD GROUP HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

GGD Group Holdings Limited is a private limited company, limited by shares and registered in England and Wales. The registered address is Unit 3 Bradburys Court, Lyon Road, Harrow HA1 2BY.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 3

 
GGD GROUP HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.7

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.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term 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.

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 August 2022
1



At 31 July 2023
1




Page 4

 
GGD GROUP HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

5.


Investment property


Freehold investment property

£



Valuation


At 1 August 2022
1,159,203



At 31 July 2023
1,159,203

The 2023 valuations were made by the director, on an open market value for existing use basis.




6.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
2,557,364
2,156,464

Other debtors
23,000
20,000

2,580,364
2,176,464



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
70,730
73,768



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
1,868
1,800

Other creditors
3,086,364
2,716,364

Accruals and deferred income
50,980
32,980

3,139,212
2,751,144


Page 5

 
GGD GROUP HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
600,000
600,000



10.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£




Amounts falling due after more than 5 years

Other loans
600,000
600,000



11.


Related party transactions

GGD Group Holdings Limited is an associated company with Goody Gumdrops Limited. During the year,
rent of £36,000 (2022 - £36,000) was received. The amount owed to GGD Group Holdings Limited at the
year end was £2,557,364 (2022 - £2,156,464).
At 31 July 2023 there was a balance to The L Goody Trust, of £300,000 (2022 - £300,000). Interest of £9,000 (2022 - £9,000) has been accrued for the yearand included in accruals and deferred income. The amount outstanding at 31 July 2023 was £23,915. The loan is repayable on demand.
At 31 July 2023 there was a balance to The R Goody Trust, of £300,000 (2022 - £300,000). Interest of £9,000 (2022 - £9,000) has been accrued for the year and included in accruals and deferred income. The amount outstanding at 31 July 2023 was £23,915. The loan is repayable on demand.

 
Page 6