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REGISTERED NUMBER: 13207249 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

GG-931-679 Limited

GG-931-679 Limited (Registered number: 13207249)






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-931-679 Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Ka Yun Lam





SECRETARY: GetGround Secretary Limited





REGISTERED OFFICE: 1 Lyric Square
London
W6 0NB





REGISTERED NUMBER: 13207249 (England and Wales)






GG-931-679 Limited (Registered number: 13207249)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,269 1,343
Investment property 5 105,000 111,000
106,269 112,343

CURRENT ASSETS
Debtors 6 773 739
Cash at bank 32 7
805 746
CREDITORS
Amounts falling due within one year 7 93,360 93,875
NET CURRENT LIABILITIES (92,555 ) (93,129 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,714

19,214

PROVISIONS FOR LIABILITIES 2,080 3,234
NET ASSETS 11,634 15,980

GG-931-679 Limited (Registered number: 13207249)

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 7,838 12,698
Retained earnings 3,696 3,182
11,634 15,980

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 her 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 27 March 2024 and were signed by:





Ka Yun Lam - Director


GG-931-679 Limited (Registered number: 13207249)

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

1. STATUTORY INFORMATION

GG-931-679 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.
Fixtures and fittings - 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-931-679 Limited (Registered number: 13207249)

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
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 1,440 762 2,202
Additions - 515 515
At 31 December 2023 1,440 1,277 2,717
DEPRECIATION
At 1 January 2023 510 349 859
Charge for year 360 229 589
At 31 December 2023 870 578 1,448
NET BOOK VALUE
At 31 December 2023 570 699 1,269
At 31 December 2022 930 413 1,343

GG-931-679 Limited (Registered number: 13207249)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 111,000
Revaluations (6,000 )
At 31 December 2023 105,000
NET BOOK VALUE
At 31 December 2023 105,000
At 31 December 2022 111,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2022 15,676
Valuation in 2023 (6,000 )
Cost 95,324
105,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Prepayments 773 739

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Tax 136 970
Directors' current accounts 93,175 92,832
Accruals and deferred income 49 73
93,360 93,875

GG-931-679 Limited (Registered number: 13207249)

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

8. RESERVES
Fair
value
reserve
£   
At 1 January 2023 12,698
Revaluation in year (6,000 )
Reserve transfer 1,140

At 31 December 2023 7,838

9. ULTIMATE CONTROLLING PARTY

The controlling party is Ka Yun Lam.