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REGISTERED NUMBER: 13096910 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

GG-765-619 Limited

GG-765-619 Limited (Registered number: 13096910)






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-765-619 Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Man Wai Raymond Leung





SECRETARY: GetGround Secretary Limited





REGISTERED OFFICE: 1 Lyric Square
London
W6 0NB





REGISTERED NUMBER: 13096910 (England and Wales)






GG-765-619 Limited (Registered number: 13096910)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 294 -
Investment property 5 253,500 264,500
253,794 264,500

CURRENT ASSETS
Debtors 6 776 -
Cash at bank 4,030 1,340
4,806 1,340
CREDITORS
Amounts falling due within one year 7 199,854 190,984
NET CURRENT LIABILITIES (195,048 ) (189,644 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,746

74,856

PROVISIONS FOR LIABILITIES 13,759 15,849
NET ASSETS 44,987 59,007

GG-765-619 Limited (Registered number: 13096910)

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 58,656 67,566
Retained earnings (13,769 ) (8,659 )
44,987 59,007

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 9 August 2024 and were signed by:





Man Wai Raymond Leung - Director


GG-765-619 Limited (Registered number: 13096910)

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

1. STATUTORY INFORMATION

GG-765-619 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.

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-765-619 Limited (Registered number: 13096910)

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
machinery
£   
COST
Additions 330
At 31 December 2023 330
DEPRECIATION
Charge for year 36
At 31 December 2023 36
NET BOOK VALUE
At 31 December 2023 294

GG-765-619 Limited (Registered number: 13096910)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 264,500
Additions (11,000 )
At 31 December 2023 253,500
NET BOOK VALUE
At 31 December 2023 253,500
At 31 December 2022 264,500

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2022 83,415
Valuation in 2023 (11,000 )
Cost 181,085
253,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 735 -
Prepayments and accrued income 41 -
776 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors - 2,778
Directors' current accounts 199,517 186,964
Accruals and deferred income 337 1,242
199,854 190,984

GG-765-619 Limited (Registered number: 13096910)

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

8. RESERVES
Fair
value
reserve
£   
At 1 January 2023 67,566
Revaluation in year (11,000 )
Reserve transfer 2,090

At 31 December 2023 58,656

9. ULTIMATE CONTROLLING PARTY

The controlling party is Man Wai Raymond Leung.