GLADGAIN LIMITED 02781249 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of holding the freehold property at 3 Upper Park Road, NW3 2UN as nominee for the lessees. The company is dormant and does not trade. Digita Accounts Production Advanced 6.30.9574.0 true true 02781249 2023-01-01 2023-12-31 02781249 2023-12-31 02781249 bus:Director1 2023-12-31 02781249 bus:Director3 2023-12-31 02781249 bus:Director4 2023-12-31 02781249 bus:OrdinaryShareClass1 2023-12-31 02781249 core:RetainedEarningsAccumulatedLosses 2023-12-31 02781249 core:ShareCapital 2023-12-31 02781249 bus:SmallEntities 2023-01-01 2023-12-31 02781249 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 02781249 bus:AbridgedAccounts 2023-01-01 2023-12-31 02781249 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 02781249 bus:RegisteredOffice 2023-01-01 2023-12-31 02781249 bus:Director1 2023-01-01 2023-12-31 02781249 bus:Director2 2023-01-01 2023-12-31 02781249 bus:Director3 2023-01-01 2023-12-31 02781249 bus:Director4 2023-01-01 2023-12-31 02781249 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 02781249 bus:EntityHasNeverTraded 2023-01-01 2023-12-31 02781249 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02781249 bus:Agent1 2023-01-01 2023-12-31 02781249 countries:EnglandWales 2023-01-01 2023-12-31 02781249 core:RetainedEarningsAccumulatedLosses 2022-12-31 02781249 core:ShareCapital 2022-12-31 02781249 2022-01-01 2022-12-31 02781249 bus:OrdinaryShareClass1 2022-12-31 02781249 core:RetainedEarningsAccumulatedLosses 2021-12-31 02781249 core:ShareCapital 2021-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 02781249

GLADGAIN LIMITED

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 December 2023

 

GLADGAIN LIMITED

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Abridged Balance Sheet

4

Statement of Changes in Equity

5

Notes to the Unaudited Abridged Financial Statements

6 to 7

 

GLADGAIN LIMITED

Company Information

Directors

Mr P A Johnson

Ms N C Powell

Registered office

Red Rock House
Oak Business Park
Wix Road
Beaumont
Essex
CO16 0AT

Accountants

Mawson Breskal & Co
Chartered Accountants
6 Parkgate Avenue
Barnet
Herts
EN4 0NR

 

GLADGAIN LIMITED

Directors' Report for the Year Ended 31 December 2023

The directors present their report and the abridged financial statements for the year ended 31 December 2023.

Directors of the company

The directors who held office during the year were as follows:

Ms R B Martin (Resigned 11 September 2023)

Mr P A Johnson

Mr A Calver (appointed 1 February 2023 and Resigned 27 March 2024)

The following director was appointed after the year end:

Ms N C Powell (appointed 27 March 2024)

Principal activity

The principal activity of the company is that of holding the freehold property at 3 Upper Park Road, NW3 2UN as nominee for the lessees. The company is dormant and does not trade.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 9 August 2024 and signed on its behalf by:
 

.........................................
Ms N C Powell
Director

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
GLADGAIN LIMITED
for the Year Ended 31 December 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GLADGAIN LIMITED for the year ended 31 December 2023 as set out on pages 4 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of GLADGAIN LIMITED, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of GLADGAIN LIMITED and state those matters that we have agreed to state to the Board of Directors of GLADGAIN LIMITED, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GLADGAIN LIMITED and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that GLADGAIN LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of GLADGAIN LIMITED. You consider that GLADGAIN LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of GLADGAIN LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Mawson Breskal & Co
Chartered Accountants
6 Parkgate Avenue
Barnet
Herts
EN4 0NR

9 August 2024

 

GLADGAIN LIMITED

(Registration number: 02781249)
Abridged Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Capital and reserves

 

Called up share capital

5

6

6

Retained earnings

(6)

(6)

Shareholders' funds/(deficit)

 

-

-

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 9 August 2024 and signed on its behalf by:
 

.........................................
Ms N C Powell
Director

 

GLADGAIN LIMITED

Statement of Changes in Equity for the Year Ended 31 December 2023

Share capital
£

Retained earnings
£

At 1 January 2023

6

(6)

At 31 December 2023

6

(6)

Share capital
£

Retained earnings
£

At 1 January 2022

6

(6)

At 31 December 2022

6

(6)

 

GLADGAIN LIMITED

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Red Rock House
Oak Business Park
Wix Road
Beaumont
Essex
CO16 0AT
United Kingdom

The principal place of business is:
3 Upper Park Road
London
NW3 2UN
United Kingdom

These financial statements were authorised for issue by the Board on 9 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

The company holds the freehold interest in 3 Upper Park Road NW3 2UN as nominee for the lessees. The company has no beneficial interest in the freehold property.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

GLADGAIN LIMITED

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

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

4

Debtors

Debtors includes £Nil (2022 - £Nil) due after more than one year.

5

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary of £1 each

6

6

6

6