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REGISTERED NUMBER: 07981140 (England and Wales)














ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023

FOR

GEORGIOS VASILIKOSTAS LTD

GEORGIOS VASILIKOSTAS LTD (REGISTERED NUMBER: 07981140)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


GEORGIOS VASILIKOSTAS LTD

COMPANY INFORMATION
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023







DIRECTORS: Mrs C Bellos
G Vasilikostas





REGISTERED OFFICE: c/o Michael Filiou Ltd
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 07981140 (England and Wales)





ACCOUNTANTS: Michael Filiou Ltd
Chartered Certified Accountants
www.michaelfiliou.com
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS

GEORGIOS VASILIKOSTAS LTD (REGISTERED NUMBER: 07981140)

ABRIDGED BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 4,701 5,280
Investments 6 178,842 195,679
183,543 200,959

CURRENT ASSETS
Debtors 39,744 21,456
Cash at bank 257,634 288,001
297,378 309,457
CREDITORS
Amounts falling due within one year 76,960 110,016
NET CURRENT ASSETS 220,418 199,441
TOTAL ASSETS LESS CURRENT
LIABILITIES

403,961

400,400

CAPITAL AND RESERVES
Called up share capital 7 200 100
Retained earnings 8 403,761 400,300
SHAREHOLDERS' FUNDS 403,961 400,400

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

GEORGIOS VASILIKOSTAS LTD (REGISTERED NUMBER: 07981140)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 January 2024 and were signed on its behalf by:





G Vasilikostas - Director


GEORGIOS VASILIKOSTAS LTD (REGISTERED NUMBER: 07981140)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023


1. STATUTORY INFORMATION

Georgios Vasilikostas Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings and equipm. - 20% straight line
Computer equipment - 33% straight line

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

GEORGIOS VASILIKOSTAS LTD (REGISTERED NUMBER: 07981140)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023


4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 1 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022 15,484
Additions 1,927
Disposals (8,838 )
At 31 March 2023 8,573
DEPRECIATION
At 1 March 2022 10,204
Charge for period 2,506
Eliminated on disposal (8,838 )
At 31 March 2023 3,872
NET BOOK VALUE
At 31 March 2023 4,701
At 28 February 2022 5,280

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 March 2022 195,679
Revaluations (20,045 )
Dividends received 3,208
At 31 March 2023 178,842
NET BOOK VALUE
At 31 March 2023 178,842
At 28 February 2022 195,679

Cost or valuation at 31 March 2023 is represented by:
Totals
£   
Valuation in 2023 8,432
Cost 170,410
178,842

GEORGIOS VASILIKOSTAS LTD (REGISTERED NUMBER: 07981140)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 'A' £1 100 100
100 Ordinary 'B' £1 100 -
200 100

8. RESERVES
Retained
earnings
£   

At 1 March 2022 400,300
Profit for the period 296,461
Dividends (293,000 )
At 31 March 2023 403,761