G & D PROPERTY LIMITED

Company Registration Number:
SC567116 (Scotland)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

G & D PROPERTY LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

G & D PROPERTY LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 166,420 0
Total fixed assets: 166,420 0
Current assets
Debtors:     862
Cash at bank and in hand: 1,581 36,111
Total current assets: 1,581 36,973
Creditors: amounts falling due within one year:   (31,614) (14,990)
Net current assets (liabilities): (30,033) 21,983
Total assets less current liabilities: 136,387 21,983
Creditors: amounts falling due after more than one year:   (118,665)
Provision for liabilities: (43)
Total net assets (liabilities): 17,679 21,983
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 17,579 21,883
Shareholders funds: 17,679 21,983

The notes form part of these financial statements

G & D PROPERTY LIMITED

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 April 2024
and signed on behalf of the board by:

Name: Mrs M Gibson
Status: Director

The notes form part of these financial statements

G & D PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and servicesprovided in the normal course of business, and is shown net of sales related taxes. The fair value ofconsideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net ofdepreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over theiruseful lives on the following bases:Freehold land and buildings No depreciationFixtures and fittings 20% Straight line

G & D PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

G & D PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 0
Additions 166,476
At 31 July 2023 166,476
Depreciation
At 01 August 2022 0
Charge for year 56
At 31 July 2023 56
Net book value
At 31 July 2023 166,420
At 31 July 2022 0