Company Registration No. 13571660 (England and Wales)
Gorsia Properties Ltd
Unaudited accounts
for the year ended 31 August 2023
Gorsia Properties Ltd
Unaudited accounts
Contents
Gorsia Properties Ltd
Company Information
for the year ended 31 August 2023
Directors
GORSIA, Jagdish Devji
GORSIA, Kastur
Company Number
13571660 (England and Wales)
Registered Office
39 Dinas Street
Cardiff
South Glamorgan
CF11 6QZ
Wales
Gorsia Properties Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
240,000
240,000
Cash at bank and in hand
67,507
71,543
Creditors: amounts falling due within one year
(580)
(380)
Net current assets
66,927
71,163
Total assets less current liabilities
306,927
311,163
Creditors: amounts falling due after more than one year
(306,948)
(316,947)
Net liabilities
(21)
(5,784)
Called up share capital
2
2
Profit and loss account
(23)
(5,786)
Shareholders' funds
(21)
(5,784)
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 15 February 2024 and were signed on its behalf by
GORSIA, Jagdish Devji
Director
Company Registration No. 13571660
Gorsia Properties Ltd
Notes to the Accounts
for the year ended 31 August 2023
Gorsia Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 13571660. The registered office is 39 Dinas Street, , Cardiff, South Glamorgan, CF11 6QZ, Wales.
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.
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.
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: Land & Building will revalued every 4 years, next revaluation be 2026
4
Tangible fixed assets
Land & buildings
At 1 September 2022
240,000
5
Creditors: amounts falling due within one year
2023
2022
Gorsia Properties Ltd
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
150,000
150,000
Loans from directors
156,948
166,947
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).