IRIS Accounts Production v24.1.9.2 13529374 director 1.1.23 31.12.23 31.12.23 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh135293742022-12-31135293742023-12-31135293742023-01-012023-12-31135293742021-07-25135293742021-07-262022-12-31135293742022-12-3113529374ns15:EnglandWales2023-01-012023-12-3113529374ns14:PoundSterling2023-01-012023-12-3113529374ns10:Director12023-01-012023-12-3113529374ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3113529374ns10:SmallEntities2023-01-012023-12-3113529374ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3113529374ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3113529374ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3113529374ns10:FullAccounts2023-01-012023-12-3113529374ns10:CompanySecretary12023-01-012023-12-3113529374ns10:RegisteredOffice2023-01-012023-12-3113529374ns5:CurrentFinancialInstruments2023-12-3113529374ns5:CurrentFinancialInstruments2022-12-3113529374ns5:ShareCapital2023-12-3113529374ns5:ShareCapital2022-12-3113529374ns5:FurtherSpecificReserve3ComponentTotalEquity2023-12-3113529374ns5:FurtherSpecificReserve3ComponentTotalEquity2022-12-3113529374ns5:RetainedEarningsAccumulatedLosses2023-12-3113529374ns5:RetainedEarningsAccumulatedLosses2022-12-3113529374ns5:PlantMachinery2023-01-012023-12-3113529374ns5:ComputerEquipment2023-01-012023-12-3113529374ns5:PlantMachinery2022-12-3113529374ns5:ComputerEquipment2022-12-3113529374ns5:PlantMachinery2023-12-3113529374ns5:ComputerEquipment2023-12-3113529374ns5:PlantMachinery2022-12-3113529374ns5:ComputerEquipment2022-12-3113529374ns5:FurtherSpecificReserve3ComponentTotalEquity2023-01-012023-12-31
REGISTERED NUMBER: 13529374 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

GG-958-353 Limited

GG-958-353 Limited (Registered number: 13529374)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GG-958-353 Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Po Hon Tam





SECRETARY: GetGround Secretary Limited





REGISTERED OFFICE: 1 Lyric Square
London
W6 0NB





REGISTERED NUMBER: 13529374 (England and Wales)






GG-958-353 Limited (Registered number: 13529374)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,729 971
Investment property 5 177,000 175,218
178,729 176,189

CURRENT ASSETS
Debtors 6 325 237
Cash at bank 3 171
328 408
CREDITORS
Amounts falling due within one year 7 170,077 175,801
NET CURRENT LIABILITIES (169,749 ) (175,393 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,980

796

PROVISIONS FOR LIABILITIES 606 184
NET ASSETS 8,374 612

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 1,444 -
Retained earnings 6,830 512
8,374 612

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

GG-958-353 Limited (Registered number: 13529374)

Balance Sheet - continued
31 December 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 29 May 2024 and were signed by:





Po Hon Tam - Director


GG-958-353 Limited (Registered number: 13529374)

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

1. STATUTORY INFORMATION

GG-958-353 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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.


GG-958-353 Limited (Registered number: 13529374)

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

2. ACCOUNTING POLICIES - continued
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 NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 January 2023 - 1,227 1,227
Additions 420 807 1,227
At 31 December 2023 420 2,034 2,454
DEPRECIATION
At 1 January 2023 - 256 256
Charge for year 101 368 469
At 31 December 2023 101 624 725
NET BOOK VALUE
At 31 December 2023 319 1,410 1,729
At 31 December 2022 - 971 971

GG-958-353 Limited (Registered number: 13529374)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 175,218
Revaluations 1,782
At 31 December 2023 177,000
NET BOOK VALUE
At 31 December 2023 177,000
At 31 December 2022 175,218

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2023 1,783
Cost 175,217
177,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Prepayments and accrued income 325 237

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Tax 1,356 -
Directors' current accounts 168,488 175,601
Accruals and deferred income 233 200
170,077 175,801

8. RESERVES
Fair
value
reserve
£   
Revaluation in year 1,783
Reserve Transfer (339 )

At 31 December 2023 1,444

GG-958-353 Limited (Registered number: 13529374)

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

9. ULTIMATE CONTROLLING PARTY

The controlling party is Po Hon Tam.