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Registered Number: 11817359
England and Wales

 

 

 

GB PROPERTY & LETTINGS LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 March 2023

End date: 29 February 2024
Directors Asa Gray
Stephen Gray
Registered Number 11817359
Registered Office 29 Fairacre
Lutterworth
Leicestershire
LE17 4FA
Accountants Beagle Accounting Limited
23a High Street
Welford
Northants
NN6 6HT
1
  2024   2023
    £ £   £ £
Fixed assets       90 
Current assets 38,202      35,274   
Creditors: amount falling due within one year (29,733)     (17,864)  
Net current assets   8,469      17,410 
Total assets less current liabilities   8,469      17,500 
Net assets   8,469      17,500 
 

         
Capital and reserves   8,469      17,500 
 
NOTES TO THE ACCOUNTS

General Information
GB Property & Lettings Limited is a private company, limited by shares, registered in England and Wales, registration number 11817359, registration address 29 Fairacre , Lutterworth , Leicestershire, LE17 4FA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).


For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 05 April 2024 and were signed on its behalf by:


--------------------------------
Asa Gray
Director
2