Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activity2022-11-08false2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14469037 2022-11-07 14469037 2022-11-08 2023-12-31 14469037 2021-11-08 2022-11-07 14469037 2023-12-31 14469037 c:Director2 2022-11-08 2023-12-31 14469037 d:FreeholdInvestmentProperty 2022-11-08 2023-12-31 14469037 d:FreeholdInvestmentProperty 2023-12-31 14469037 d:CurrentFinancialInstruments 2023-12-31 14469037 d:Non-currentFinancialInstruments 2023-12-31 14469037 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14469037 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 14469037 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 14469037 d:ShareCapital 2023-12-31 14469037 d:RetainedEarningsAccumulatedLosses 2023-12-31 14469037 c:OrdinaryShareClass1 2022-11-08 2023-12-31 14469037 c:OrdinaryShareClass1 2023-12-31 14469037 c:FRS102 2022-11-08 2023-12-31 14469037 c:AuditExempt-NoAccountantsReport 2022-11-08 2023-12-31 14469037 c:FullAccounts 2022-11-08 2023-12-31 14469037 c:PrivateLimitedCompanyLtd 2022-11-08 2023-12-31 14469037 e:PoundSterling 2022-11-08 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14469037









GISAMARUK LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
GISAMARUK LTD
REGISTERED NUMBER: 14469037

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
Note
£

Fixed assets
  

Investment property
  
2,936,690

  
2,936,690

Current assets
  

Debtors: amounts falling due after more than one year
 5 
5,500

  
5,500

Creditors: amounts falling due within one year
 6 
(1,707,686)

Net current (liabilities)/assets
  
 
 
(1,702,186)

Total assets less current liabilities
  
1,234,504

Creditors: amounts falling due after more than one year
  
(1,389,803)

  

Net (liabilities)/assets
  
(155,299)


Capital and reserves
  

Called up share capital 
 9 
2,880

Profit and loss account
  
(158,179)

  
(155,299)


Page 1

 
GISAMARUK LTD
REGISTERED NUMBER: 14469037
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 August 2024.




S E Klein
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
GISAMARUK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Gisamaruk Ltd is a private company limited by shares and incorporated in England & Wales. The registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH. 
The Company was incorporated on 8 November 2022 and commenced trading on that date.
The financial statements are presented in Sterling, which is the functional currency of the Company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis. The company is
dependent on the director and shareholder for financial support, which the director is confident will
continue for a period of at least another 12 months following the approval of these financial
statements.
As at 31 December 2023, the company had net liabilities of £155,299. The director and shareholder has indicated the present intention to provide adequate finance to enable the company to continue in
operational existence, and on this basis the director considers it appropriate to prepare the financial
statements on the going concern basis.
The financial statements do not reflect any adjustments that would result from a withdrawal of
financial support by the director and shareholder.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 3

 
GISAMARUK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the period was 2.


4.


Investment property


Freehold investment property

£



Valuation


Additions at cost
2,936,690



At 31 December 2023
2,936,690

The 2023 valuations were made by directors, on an open market value for existing use basis.





5.


Debtors

2023
£

Due after more than one year

Prepayments and accrued income
5,500

5,500


Page 4

 
GISAMARUK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
£

Other creditors
1,684,499

Accruals and deferred income
23,187

1,707,686



7.


Creditors: Amounts falling due after more than one year

2023
£

Bank loans
1,389,803

1,389,803



8.


Loans


Analysis of the maturity of loans is given below:


2023
£


Amounts falling due 1-2 years

Bank loans
1,389,803


1,389,803



1,389,803



9.


Share capital

2023
£
Allotted, called up and fully paid


2,880 Ordinary shares of £1.00 each
2,880


During the period, 2,880 ordinary shares were issued at par value of £1 per share.

 
Page 5