REGISTERED NUMBER: |
GJ & HK SERVICES LIMITED |
Unaudited Financial Statements for the Year Ended 30 June 2023 |
REGISTERED NUMBER: |
GJ & HK SERVICES LIMITED |
Unaudited Financial Statements for the Year Ended 30 June 2023 |
GJ & HK SERVICES LIMITED (REGISTERED NUMBER: 03770707) |
Contents of the Financial Statements |
for the year ended 30 June 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
GJ & HK SERVICES LIMITED |
Company Information |
for the year ended 30 June 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Nightingale House |
46-48 East Street |
Epsom |
Surrey |
KT17 1HQ |
GJ & HK SERVICES LIMITED (REGISTERED NUMBER: 03770707) |
Balance Sheet |
30 June 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | 8 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Fair value reserve | 9 |
Retained earnings | 9 |
SHAREHOLDERS' FUNDS |
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. |
GJ & HK SERVICES LIMITED (REGISTERED NUMBER: 03770707) |
Balance Sheet - continued |
30 June 2023 |
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 |
GJ & HK SERVICES LIMITED (REGISTERED NUMBER: 03770707) |
Notes to the Financial Statements |
for the year ended 30 June 2023 |
1. | STATUTORY INFORMATION |
GJ & HK Services Limited is a |
2. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
The financial statements are presented in Sterling which is the functional currency of the company. |
TURNOVER |
Turnover represents rents receivable. |
TANGIBLE FIXED ASSETS AND DEPRECIATION |
Fixtures and fittings | - |
INVESTMENT PROPERTY |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Revaluation surpluses, net of provision for deferred taxation, are not distributable and are transferred to a separate fair value reserve. |
TAXATION |
Taxation for the year 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 year 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
GJ & HK SERVICES LIMITED (REGISTERED NUMBER: 03770707) |
Notes to the Financial Statements - continued |
for the year ended 30 June 2023 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1 July 2022 |
and 30 June 2023 |
DEPRECIATION |
At 1 July 2022 |
Charge for year |
At 30 June 2023 |
NET BOOK VALUE |
At 30 June 2023 |
At 30 June 2022 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 July 2022 |
Disposals | ( |
) |
At 30 June 2023 |
NET BOOK VALUE |
At 30 June 2023 |
At 30 June 2022 |
Investment properties at 30 June 2023 comprise one freehold property and one leasehold property with a combined value at the balance sheet date amounting to £580,000. These were valued on an open market basis by the directors. |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Taxation and social security |
Other creditors |
GJ & HK SERVICES LIMITED (REGISTERED NUMBER: 03770707) |
Notes to the Financial Statements - continued |
for the year ended 30 June 2023 |
8. | PROVISIONS FOR LIABILITIES |
2023 | 2022 |
£ | £ |
Deferred tax | 8,851 | 23,980 |
Deferred |
tax |
£ |
Balance at 1 July 2022 |
Movement in deferred tax | (15,129 | ) |
Balance at 30 June 2023 |
9. | RESERVES |
Fair |
Retained | value |
earnings | reserve | Totals |
£ | £ | £ |
At 1 July 2022 |
Profit for the year |
Dividends | ( |
) | ( |
) |
At 30 June 2023 | 553,144 |
The fair value reserve is undistributable. |
10. | RELATED PARTY DISCLOSURES |
At the end of the financial year, the company owed nil to Trans Tek Limited (2022: £7,238). Trans Tek Limited is a company in which the directors of GJ & HK Services Limited are also directors and shareholders. |