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REGISTERED NUMBER: 12879706 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

GG-830-504 Limited

GG-830-504 Limited (Registered number: 12879706)






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-830-504 Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: John Graham William Archer





SECRETARY: GetGround Secretary Limited





REGISTERED OFFICE: 1 Lyric Square
London
W6 0NB





REGISTERED NUMBER: 12879706 (England and Wales)






GG-830-504 Limited (Registered number: 12879706)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,701 5,225
Investment property 5 175,000 207,868
178,701 213,093

CURRENT ASSETS
Debtors 6 7,225 980

CREDITORS
Amounts falling due within one year 7 91,468 87,945
NET CURRENT LIABILITIES (84,243 ) (86,965 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

94,458

126,128

CREDITORS
Amounts falling due after more than
one year

8

131,250

131,250
NET LIABILITIES (36,792 ) (5,122 )

GG-830-504 Limited (Registered number: 12879706)

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 9 (26,623 ) -
Retained earnings (10,269 ) (5,222 )
(36,792 ) (5,122 )

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 4 June 2024 and were signed by:





John Graham William Archer - Director


GG-830-504 Limited (Registered number: 12879706)

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

1. STATUTORY INFORMATION

GG-830-504 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

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-830-504 Limited (Registered number: 12879706)

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
fittings
£   
COST
At 1 January 2023
and 31 December 2023 6,095
DEPRECIATION
At 1 January 2023 870
Charge for year 1,524
At 31 December 2023 2,394
NET BOOK VALUE
At 31 December 2023 3,701
At 31 December 2022 5,225

GG-830-504 Limited (Registered number: 12879706)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 207,868
Revaluations (32,868 )
At 31 December 2023 175,000
NET BOOK VALUE
At 31 December 2023 175,000
At 31 December 2022 207,868

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2023 (32,868 )
Cost 207,868
175,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Deferred tax asset 6,245 -
Prepayments and accrued income 980 980
7,225 980

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Directors' current accounts 91,316 87,743
Accruals and deferred income 152 202
91,468 87,945

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans more 5 yrs non-inst 131,250 131,250

GG-830-504 Limited (Registered number: 12879706)

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

8. 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 131,250 131,250

9. RESERVES
Fair
value
reserve
£   
Revaluation in year (32,868 )
Reserve transfer 6,245

At 31 December 2023 (26,623 )

10. ULTIMATE CONTROLLING PARTY

The controlling party is John Graham William Archer.