REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 August 2022 to 31 March 2023 |
for |
GT Properties Yorkshire Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 August 2022 to 31 March 2023 |
for |
GT Properties Yorkshire Limited |
GT Properties Yorkshire Limited (Registered number: 05875928) |
Contents of the Financial Statements |
for the Period 1 August 2022 to 31 March 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
GT Properties Yorkshire Limited |
Company Information |
for the Period 1 August 2022 to 31 March 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
3 Park Square |
Leeds |
LS1 2NE |
GT Properties Yorkshire Limited (Registered number: 05875928) |
Balance Sheet |
31 March 2023 |
31.3.23 | 31.7.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
6 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | 8 |
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. |
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 |
GT Properties Yorkshire Limited (Registered number: 05875928) |
Notes to the Financial Statements |
for the Period 1 August 2022 to 31 March 2023 |
1. | STATUTORY INFORMATION |
GT Properties Yorkshire Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Freehold property |
Deprecation is provided at cost less estimated residual value at 2% per annum. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2022 - NIL). |
GT Properties Yorkshire Limited (Registered number: 05875928) |
Notes to the Financial Statements - continued |
for the Period 1 August 2022 to 31 March 2023 |
4. | TANGIBLE FIXED ASSETS |
Freehold |
property |
£ |
COST |
At 1 August 2022 |
and 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
At 31 July 2022 |
The director estimates that the net residual value of the property is at least equal to cost. |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.23 | 31.7.22 |
£ | £ |
Bank loan |
Tax |
Amounts owed to related party |
Directors' current accounts | 28,630 | 18,630 |
Accrued expenses |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.3.23 | 31.7.22 |
£ | £ |
Bank Loan |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.3.23 | 31.7.22 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
8. | RESERVES |
Retained |
earnings |
£ |
At 1 August 2022 |
Profit for the period |
Dividends | ( |
) |
At 31 March 2023 |
GT Properties Yorkshire Limited (Registered number: 05875928) |
Notes to the Financial Statements - continued |
for the Period 1 August 2022 to 31 March 2023 |
9. | RELATED PARTY DISCLOSURES |
At the year end, the company owed an amount of £44,784 to GT Printing (Leeds) Limited (2022: GT Printing (Leeds) Limited owed an amount of £44,784 to the company). |
The company is under common control with GT Printing (Leeds) Limited. |
Mr P Yeomans is a director of GT Printing (Leeds) Limited. |
10. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is R P Yeomans |