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REGISTERED NUMBER: 06545929 (England and Wales)















G W INTERIORS HOLDINGS LIMITED

Unaudited Financial Statements for the Year Ended 31 July 2023






G W INTERIORS HOLDINGS LIMITED (REGISTERED NUMBER: 06545929)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G W INTERIORS HOLDINGS LIMITED

Company Information
for the Year Ended 31 July 2023







DIRECTOR: G P Wall





SECRETARY: N J Stovell





REGISTERED OFFICE: Warren House
Blockley
Moreton-in-marsh
Gloucestershire
GL56 9HL





REGISTERED NUMBER: 06545929 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

G W INTERIORS HOLDINGS LIMITED (REGISTERED NUMBER: 06545929)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 495 764
Investment property 5 3,000,000 3,000,000
3,000,495 3,000,764

CURRENT ASSETS
Stocks 2,972 2,972
Debtors 6 808,305 1,351,016
Cash at bank 201,680 3,703
1,012,957 1,357,691
CREDITORS
Amounts falling due within one year 7 34,360 342,799
NET CURRENT ASSETS 978,597 1,014,892
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,979,092

4,015,656

PROVISIONS FOR LIABILITIES 275,000 196,626
NET ASSETS 3,704,092 3,819,030

CAPITAL AND RESERVES
Called up share capital 1,001 1,001
Retained earnings 3,703,091 3,818,029
SHAREHOLDERS' FUNDS 3,704,092 3,819,030

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

G W INTERIORS HOLDINGS LIMITED (REGISTERED NUMBER: 06545929)

Balance Sheet - continued
31 July 2023


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 director and authorised for issue on 16 April 2024 and were signed by:





G P Wall - Director


G W INTERIORS HOLDINGS LIMITED (REGISTERED NUMBER: 06545929)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

G W Interiors Holdings 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.

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 as modified by the revaluation of certain assets.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
Computer equipment - 20% on cost

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 2 (2022 - 2 ) .

G W INTERIORS HOLDINGS LIMITED (REGISTERED NUMBER: 06545929)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 5,349
DEPRECIATION
At 1 August 2022 4,585
Charge for year 269
At 31 July 2023 4,854
NET BOOK VALUE
At 31 July 2023 495
At 31 July 2022 764

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022
and 31 July 2023 3,000,000
NET BOOK VALUE
At 31 July 2023 3,000,000
At 31 July 2022 3,000,000

Fair value at 31 July 2023 is represented by:
£   
Valuation in 2016 1,100,000
Valuation in 2018 48,130
Cost 1,851,870
3,000,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 63,250 63,250
Other debtors 745,055 1,287,766
808,305 1,351,016

G W INTERIORS HOLDINGS LIMITED (REGISTERED NUMBER: 06545929)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 947 1,119
Other creditors 33,413 341,680
34,360 342,799

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The directors loan is repayable upon demand.

9. RELATED PARTY DISCLOSURES

Growth Property Limited is a company under common control. At the year end £761,955 (2022 £1,287,766) was due to G W Interiors Holdings Limited. This is repayable upon demand.

10. ULTIMATE CONTROLLING PARTY

The controlling party is G P Wall.