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REGISTERED NUMBER: 01245259 (England and Wales)















Unaudited Financial Statements for the Year Ended 5 April 2024

for

George Antoniou Limited

George Antoniou Limited (Registered number: 01245259)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


George Antoniou Limited

Company Information
for the Year Ended 5 April 2024







DIRECTORS: Mrs M Antoniou
G Antoniou
Mrs J Antoniou





SECRETARY: Mrs M Antoniou





REGISTERED OFFICE: 16 Orange Street
Canterbury
Kent
CT1 2JA





REGISTERED NUMBER: 01245259 (England and Wales)





ACCOUNTANTS: Susan King FCA
115 London Road
Temple Ewell
Dover
Kent
CT16 3BY

George Antoniou Limited (Registered number: 01245259)

Balance Sheet
5 April 2024

5.4.24 5.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 301,094 311,774

CURRENT ASSETS
Debtors 5 49,832 49,537
Cash at bank 116,841 143,344
166,673 192,881
CREDITORS
Amounts falling due within one year 6 94,979 99,921
NET CURRENT ASSETS 71,694 92,960
TOTAL ASSETS LESS CURRENT
LIABILITIES

372,788

404,734

CREDITORS
Amounts falling due after more than one
year

7

31,539

38,379
NET ASSETS 341,249 366,355

CAPITAL AND RESERVES
Called up share capital 8 3,000 3,000
Retained earnings 9 338,249 363,355
SHAREHOLDERS' FUNDS 341,249 366,355

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 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.

George Antoniou Limited (Registered number: 01245259)

Balance Sheet - continued
5 April 2024


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 4 September 2024 and were signed on its behalf by:





G Antoniou - Director


George Antoniou Limited (Registered number: 01245259)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

George Antoniou 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.

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.
Freehold property - in accordance with the property
Fixtures and fittings - 10% on reducing balance

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.

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.

George Antoniou Limited (Registered number: 01245259)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 6 April 2023
and 5 April 2024 532,834 26,550 559,384
DEPRECIATION
At 6 April 2023 221,291 26,319 247,610
Charge for year 10,657 23 10,680
At 5 April 2024 231,948 26,342 258,290
NET BOOK VALUE
At 5 April 2024 300,886 208 301,094
At 5 April 2023 311,543 231 311,774

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Trade debtors 1,204 13,163
Other debtors 48,628 36,374
49,832 49,537

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Bank loans and overdrafts 7,204 7,170
Trade creditors 38,580 (738 )
Tax 9,887 4,278
Social security and other taxes - 424
VAT - 714
Other creditors 37,278 87,033
Directors' loan accounts 280 40
Accrued expenses 1,750 1,000
94,979 99,921

George Antoniou Limited (Registered number: 01245259)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
5.4.24 5.4.23
£    £   
Bank loans - 1-2 years 7,204 7,204
Bank loans - 2-5 years 21,612 21,612
Bank loans more 5 yr by instal 2,723 9,563
31,539 38,379

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 2,723 9,563

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 5.4.24 5.4.23
value: £    £   
3,000 Ordinary £1 3,000 3,000

9. RESERVES
Retained
earnings
£   

At 6 April 2023 363,355
Profit for the year 30,894
Dividends (56,000 )
At 5 April 2024 338,249