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REGISTERED NUMBER: 08749962 (England and Wales)















G.KING BUILDING & PROPERTY
MAINTENANCE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023






G.KING BUILDING & PROPERTY
MAINTENANCE LIMITED (REGISTERED NUMBER: 08749962)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G.KING BUILDING & PROPERTY
MAINTENANCE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: G King
Mrs J King





SECRETARY: Indigo Secretaries Limited





REGISTERED OFFICE: 3 Kensworth Gate
200-204 High Street South
Dunstable
Bedfordshire
LU6 3HS





REGISTERED NUMBER: 08749962 (England and Wales)





ACCOUNTANTS: Higginson & Co (UK) Ltd
3 Kensworth Gate
200 - 204 High Street South
Dunstable
Bedfordshire
LU6 3HS

G.KING BUILDING & PROPERTY
MAINTENANCE LIMITED (REGISTERED NUMBER: 08749962)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 864 853

CURRENT ASSETS
Stocks 200 200
Debtors 5 643 162
Cash at bank and in hand 100,573 75,335
101,416 75,697
CREDITORS
Amounts falling due within one year 6 98,444 71,191
NET CURRENT ASSETS 2,972 4,506
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,836

5,359

PROVISIONS FOR LIABILITIES 7 164 162
NET ASSETS 3,672 5,197

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 3,572 5,097
SHAREHOLDERS' FUNDS 3,672 5,197

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

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

The directors acknowledge their 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.KING BUILDING & PROPERTY
MAINTENANCE LIMITED (REGISTERED NUMBER: 08749962)

BALANCE SHEET - continued
31 OCTOBER 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 Board of Directors and authorised for issue on 6 June 2024 and were signed on its behalf by:





G King - Director


G.KING BUILDING & PROPERTY
MAINTENANCE LIMITED (REGISTERED NUMBER: 08749962)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

G.King Building & Property Maintenance 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.

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 reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

G.KING BUILDING & PROPERTY
MAINTENANCE LIMITED (REGISTERED NUMBER: 08749962)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 November 2022 3,839
Additions 299
At 31 October 2023 4,138
DEPRECIATION
At 1 November 2022 2,986
Charge for year 288
At 31 October 2023 3,274
NET BOOK VALUE
At 31 October 2023 864
At 31 October 2022 853

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 475 -
Prepayments and accrued income 168 162
643 162

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 723 296
Corporation tax 5,496 5,740
Directors' current accounts 90,689 63,679
Accrued expenses 1,536 1,476
98,444 71,191

7. PROVISIONS FOR LIABILITIES
31.10.23 31.10.22
£    £   
Deferred tax 164 162

G.KING BUILDING & PROPERTY
MAINTENANCE LIMITED (REGISTERED NUMBER: 08749962)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 November 2022 162
Charge to Income Statement during year 2
Balance at 31 October 2023 164

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
100 Ordinary £1 100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
£    £   
G King
Balance outstanding at start of year 31,840 29,083
Amounts advanced 13,505 2,757
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 45,345 31,840

Mrs J King
Balance outstanding at start of year 31,839 29,082
Amounts advanced 13,505 2,757
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 45,344 31,839