Company Registration No. 13443523 (England and Wales)
GANADO PROPERTIES LIMITED
Unaudited accounts
for the year ended 30 June 2023
GANADO PROPERTIES LIMITED
Unaudited accounts
Contents
GANADO PROPERTIES LIMITED
Company Information
for the year ended 30 June 2023
Director
Timothy Leone Ganado
Company Number
13443523 (England and Wales)
Registered Office
63 ORBIS WHARF BRIDGES COURT ROAD
LONDON
SW11 3GW
ENGLAND
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
GANADO PROPERTIES LIMITED
Statement of financial position
as at 30 June 2023
Investment property
100,246
96,766
Creditors: amounts falling due within one year
(99,753)
(97,557)
Net current liabilities
(99,753)
(97,557)
Net assets/(liabilities)
493
(791)
Called up share capital
1
1
Profit and loss account
492
(792)
Shareholders' funds
493
(791)
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 February 2024 and were signed on its behalf by
Timothy Leone Ganado
Director
Company Registration No. 13443523
GANADO PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 June 2023
GANADO PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13443523. The registered office is 63 ORBIS WHARF BRIDGES COURT ROAD, LONDON, SW11 3GW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 July 2022
96,766
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
116
-
Loans from directors
99,374
97,318
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).