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REGISTERED NUMBER: 12945545 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

GG-874-336 Limited

GG-874-336 Limited (Registered number: 12945545)






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-874-336 Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Yau Ping Jenny Lam





SECRETARY: GetGround Secretary Limited





REGISTERED OFFICE: 1 Lyric Square
London
W6 0NB





REGISTERED NUMBER: 12945545 (England and Wales)






GG-874-336 Limited (Registered number: 12945545)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,259 2,424
Investment property 5 166,000 157,000
168,259 159,424

CURRENT ASSETS
Debtors 6 237 237
Cash at bank 125 1,102
362 1,339
CREDITORS
Amounts falling due within one year 7 142,863 144,892
NET CURRENT LIABILITIES (142,501 ) (143,553 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,758

15,871

PROVISIONS FOR LIABILITIES 3,782 2,224
NET ASSETS 21,976 13,647

GG-874-336 Limited (Registered number: 12945545)

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 14,809 7,519
Retained earnings 7,067 6,028
21,976 13,647

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 director acknowledges her 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 director and authorised for issue on 2 July 2024 and were signed by:





Yau Ping Jenny Lam - Director


GG-874-336 Limited (Registered number: 12945545)

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

1. STATUTORY INFORMATION

GG-874-336 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Computer equipment - 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-874-336 Limited (Registered number: 12945545)

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 - 3,202 3,202
Additions 661 - 661
At 31 December 2023 661 3,202 3,863
DEPRECIATION
At 1 January 2023 - 778 778
Charge for year 26 800 826
At 31 December 2023 26 1,578 1,604
NET BOOK VALUE
At 31 December 2023 635 1,624 2,259
At 31 December 2022 - 2,424 2,424

GG-874-336 Limited (Registered number: 12945545)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 157,000
Revaluations 9,000
At 31 December 2023 166,000
NET BOOK VALUE
At 31 December 2023 166,000
At 31 December 2022 157,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2022 9,283
Valuation in 2023 9,000
Cost 147,717
166,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 200 200
Prepayments 37 37
237 237

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Tax 402 770
Directors' current accounts 142,076 143,737
Accruals and deferred income 385 385
142,863 144,892

GG-874-336 Limited (Registered number: 12945545)

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

8. RESERVES
Fair
value
reserve
£   
At 1 January 2023 7,519
Revaluation in year 9,000
Reserve transfer (1,710 )

At 31 December 2023 14,809

9. ULTIMATE CONTROLLING PARTY

The controlling party is Yau Ping Jenny Lam.