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REGISTERED NUMBER: 13836700 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

GG-318-738 Limited

GG-318-738 Limited (Registered number: 13836700)






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-318-738 Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Christophe Donald Henry Mee
Davina Michelle Mee





SECRETARY: GetGround Secretary Limited





REGISTERED OFFICE: 1 Lyric Square
London
W6 0NB





REGISTERED NUMBER: 13836700 (England and Wales)






GG-318-738 Limited (Registered number: 13836700)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,140 13,034
Investment property 5 266,000 244,799
275,140 257,833

CURRENT ASSETS
Debtors 6 243 44
Cash at bank 3,971 2,670
4,214 2,714
CREDITORS
Amounts falling due within one year 7 287,655 304,868
NET CURRENT LIABILITIES (283,441 ) (302,154 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,301

)

(44,321

)

PROVISIONS FOR LIABILITIES 4,028 -
NET LIABILITIES (12,329 ) (44,321 )

GG-318-738 Limited (Registered number: 13836700)

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 17,173 -
Retained earnings (29,602 ) (44,421 )
(12,329 ) (44,321 )

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 directors acknowledge their 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 Board of Directors and authorised for issue on 9 July 2024 and were signed on its behalf by:




Christophe Donald Henry Mee - Director



Davina Michelle Mee - Director


GG-318-738 Limited (Registered number: 13836700)

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

1. STATUTORY INFORMATION

GG-318-738 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.

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-318-738 Limited (Registered number: 13836700)

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

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 15,616
Additions 260
Disposals (336 )
At 31 December 2023 15,540
DEPRECIATION
At 1 January 2023 2,582
Charge for year 3,933
Eliminated on disposal (115 )
At 31 December 2023 6,400
NET BOOK VALUE
At 31 December 2023 9,140
At 31 December 2022 13,034

GG-318-738 Limited (Registered number: 13836700)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 244,799
Revaluations 21,201
At 31 December 2023 266,000
NET BOOK VALUE
At 31 December 2023 266,000
At 31 December 2022 244,799

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2023 21,201
Cost 244,799
266,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Prepayments and accrued income 243 44

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Directors' current accounts 287,655 304,169
Accruals and deferred income - 699
287,655 304,868

8. RESERVES
Fair
value
reserve
£   
Revaluation in year 21,201
Reserve transfer (4,028 )

At 31 December 2023 17,173

GG-318-738 Limited (Registered number: 13836700)

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

9. ULTIMATE CONTROLLING PARTY

There is no single ultimate controlling party.