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REGISTERED NUMBER: 13918826 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

GG-006-361 Limited

GG-006-361 Limited (Registered number: 13918826)






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-006-361 Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Kevin Utton





SECRETARY: GetGround Secretary Limited





REGISTERED OFFICE: 1 Lyric Square
London
W6 0NB





REGISTERED NUMBER: 13918826 (England and Wales)






GG-006-361 Limited (Registered number: 13918826)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 238,000 227,175

CURRENT ASSETS
Debtors 5 907 817
Cash at bank 2,954 1,530
3,861 2,347
CREDITORS
Amounts falling due within one year 6 69,933 69,896
NET CURRENT LIABILITIES (66,072 ) (67,549 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

171,928

159,626

CREDITORS
Amounts falling due after more than one
year

7

(164,141

)

(164,141

)

PROVISIONS FOR LIABILITIES (2,057 ) -
NET ASSETS/(LIABILITIES) 5,730 (4,515 )

GG-006-361 Limited (Registered number: 13918826)

Balance Sheet - continued
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 8,769 -
Retained earnings (3,139 ) (4,615 )
5,730 (4,515 )

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.

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 31 May 2024 and were signed by:





Kevin Utton - Director


GG-006-361 Limited (Registered number: 13918826)

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

1. STATUTORY INFORMATION

GG-006-361 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.

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.

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).

GG-006-361 Limited (Registered number: 13918826)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 227,175
Revaluations 10,825
At 31 December 2023 238,000
NET BOOK VALUE
At 31 December 2023 238,000
At 31 December 2022 227,175

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2023 10,826
Cost 227,174
238,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 701 703
Prepayments 206 114
907 817

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Directors' current accounts 69,124 69,124
Accruals and deferred income 809 772
69,933 69,896

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans more 5 yrs non-inst 164,141 164,141

GG-006-361 Limited (Registered number: 13918826)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.12.23 31.12.22
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 164,141 164,141

8. RESERVES
Fair
value
reserve
£   
Revaluation in year 10,826
Reserve Transfer (2,057 )

At 31 December 2023 8,769

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Kevin Utton.