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REGISTERED NUMBER: 05875928 (England and Wales)















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: R Yeomans
Mrs B Yeomans





REGISTERED OFFICE: 8 Scotland Close
Horsforth
Leeds
LS185SG





REGISTERED NUMBER: 05875928 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
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 4 440,083 440,083

CURRENT ASSETS
Cash at bank 143 126

CREDITORS
Amounts falling due within one year 5 95,239 86,329
NET CURRENT LIABILITIES (95,096 ) (86,203 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

344,987

353,880

CREDITORS
Amounts falling due after more than one
year

6

170,587

180,300
NET ASSETS 174,400 173,580

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 174,300 173,480
SHAREHOLDERS' FUNDS 174,400 173,580

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.

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

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 5 April 2024 and were signed on its behalf by:



R Yeomans - Director


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 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

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 440,083
NET BOOK VALUE
At 31 March 2023 440,083
At 31 July 2022 440,083

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 13,841 17,969
Tax 6,984 4,446
Amounts owed to related party 44,784 44,784
Directors' current accounts 28,630 18,630
Accrued expenses 1,000 500
95,239 86,329

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.7.22
£    £   
Bank Loan 170,587 180,300

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.7.22
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 August 2022 173,480
Profit for the period 10,820
Dividends (10,000 )
At 31 March 2023 174,300

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