Company Registration No. 09857377 (England and Wales)
Gelliwastad Holdings Ltd
Unaudited accounts
for the year ended 31 March 2024
Gelliwastad Holdings Ltd
Statement of financial position
as at 31 March 2024
Investment property
400,000
400,000
Cash at bank and in hand
77
1,855
Creditors: amounts falling due within one year
(17,501)
(19,399)
Net current liabilities
(17,424)
(17,544)
Total assets less current liabilities
382,576
382,456
Creditors: amounts falling due after more than one year
(15,500)
(18,699)
Net assets
367,076
363,757
Called up share capital
100
100
Profit and loss account
366,976
363,657
Shareholders' funds
367,076
363,757
For the year ending 31 March 2024 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 24 April 2024 and were signed on its behalf by
R E Thomas
Director
Company Registration No. 09857377
Gelliwastad Holdings Ltd
Notes to the Accounts
for the year ended 31 March 2024
Gelliwastad Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 09857377. The registered office is 27/28 Gelliwastad Road, Pontypridd, CF37 2BW.
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.
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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Fair value at 1 April 2023
400,000
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
15,128
Amounts owed to group undertakings and other participating interests
13,365
-
Taxes and social security
4,136
4,271
6
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
15,500
-
Gelliwastad Holdings Ltd
Notes to the Accounts
for the year ended 31 March 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).