GC IC (UK) HOLDCO LIMITED

Company Registration Number:
11046956 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

GC IC (UK) HOLDCO LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes

GC IC (UK) HOLDCO LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Investments: 3 42,265,206 42,800,753
Total fixed assets: 42,265,206 42,800,753
Current assets
Debtors: 4 4,920 0
Cash at bank and in hand: 588,638 2,611
Total current assets: 593,558 2,611
Creditors: amounts falling due within one year: 5 ( 1,598,989 ) ( 1,589,724 )
Net current assets (liabilities): (1,005,431) (1,587,113)
Total assets less current liabilities: 41,259,775 41,213,640
Creditors: amounts falling due after more than one year: 6 ( 28,376,000 ) ( 28,376,000 )
Total net assets (liabilities): 12,883,775 12,837,640
Capital and reserves
Called up share capital: 50,000 50,000
Profit and loss account: 12,833,775 12,787,640
Total Shareholders' funds: 12,883,775 12,837,640

The notes form part of these financial statements

GC IC (UK) HOLDCO LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 27 August 2024
and signed on behalf of the board by:

Name: LEE, Alan Kam Hung
Status: Director

The notes form part of these financial statements

GC IC (UK) HOLDCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GC IC (UK) HOLDCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 4

GC IC (UK) HOLDCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Fixed assets investments note

The balance represents the equity investments in Solitaire - Empreendimentos Hoteleiros, S.A. (the “Subsidiary”) measured at fair value through profit and loss. The fair value of the equity investments in the Subsidiary is primarily based on the latest available net asset value of the Subsidiary as provided by the management of the Subsidiary.

GC IC (UK) HOLDCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Other debtors 4,920 0
Total 4,920 0

GC IC (UK) HOLDCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 9,153 14,237
Other creditors 1,589,836 1,575,487
Total 1,598,989 1,589,724

GC IC (UK) HOLDCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 28,376,000 28,376,000
Total 28,376,000 28,376,000