Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true2023-01-01falseNo description of principal activity00falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05141374 2023-01-01 2023-12-31 05141374 2022-01-01 2022-12-31 05141374 2023-12-31 05141374 2022-12-31 05141374 c:CompanySecretary1 2023-01-01 2023-12-31 05141374 c:Director1 2023-01-01 2023-12-31 05141374 c:Director2 2023-01-01 2023-12-31 05141374 c:Director2 2023-12-31 05141374 c:RegisteredOffice 2023-01-01 2023-12-31 05141374 d:FreeholdInvestmentProperty 2023-01-01 2023-12-31 05141374 d:FreeholdInvestmentProperty 2023-12-31 05141374 d:FreeholdInvestmentProperty 2022-12-31 05141374 d:CurrentFinancialInstruments 2023-12-31 05141374 d:CurrentFinancialInstruments 2022-12-31 05141374 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 05141374 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 05141374 d:ShareCapital 2023-12-31 05141374 d:ShareCapital 2022-12-31 05141374 d:RetainedEarningsAccumulatedLosses 2023-12-31 05141374 d:RetainedEarningsAccumulatedLosses 2022-12-31 05141374 c:FRS102 2023-01-01 2023-12-31 05141374 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05141374 c:FullAccounts 2023-01-01 2023-12-31 05141374 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 05141374







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


GMH (2004) LIMITED






































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GMH (2004) LIMITED
 


 
COMPANY INFORMATION


Directors
James B Sunley 
Rory W M Gleeson (resigned 19 December 2023)




Company secretary
Sunley Securities Limited



Registered number
05141374



Registered office
1 Town Mill
Bagshot Road

Chobham

Woking

GU24 8BZ




Accountants
Menzies LLP
Chartered Accountants

Lynton House

7-12 Tavistock Square

London

WC1H 9LT





 


GMH (2004) LIMITED
REGISTERED NUMBER:05141374



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
225,573
224,573

  
225,573
224,573

Current assets
  

Debtors: amounts falling due within one year
 5 
170,596
150,825

Cash at bank and in hand
  
7,342
7,737

  
177,938
158,562

Creditors: amounts falling due within one year
 6 
(297,081)
(297,506)

Net current liabilities
  
 
 
(119,143)
 
 
(138,944)

Total assets less current liabilities
  
106,430
85,629

  

Net assets
  
106,430
85,629


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
106,429
85,628

  
106,430
85,629


The director considers 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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 income and retained earnings 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 by: 




James B Sunley
Director

Date: 22 August 2024

Page 1

 


GMH (2004) LIMITED
REGISTERED NUMBER:05141374


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

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

Page 2

 


GMH (2004) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

GMH (2004) Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Investment property

Investment property is carried at fair value determined annually by the directors or 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.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
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.

Page 3

 


GMH (2004) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).


4.


Investment property


Freehold investment property

£



Valuation


At 1 January 2023
224,573


Additions at cost
1,000



At 31 December 2023
225,573

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




Page 4

 


GMH (2004) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
62
325

Amounts owed by group undertakings
170,534
150,500

170,596
150,825



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
87
632

Amounts owed to group undertakings
294,450
294,450

Accruals and deferred income
2,544
2,424

297,081
297,506



7.


Controlling party

The immediate parent company is Sunley Holdings Limited and the ultimate parent company is Sunley Family Holding Limited, both companies are registered in England and Wales.
The company is exempt from preparing consolidated accounts on the grounds that it is part of a small group. 
The directors do not consider there to be an ultimate controlling party.

 
Page 5