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REGISTERED NUMBER: 13874678 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

GG-601-529 Limited

GG-601-529 Limited (Registered number: 13874678)






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-601-529 Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Caroline Anne Marshall-Roberts





SECRETARY: GetGround Secretary Limited





REGISTERED OFFICE: 1 Lyric Square
London
W6 0NB





REGISTERED NUMBER: 13874678 (England and Wales)






GG-601-529 Limited (Registered number: 13874678)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,057 1,475
Investment property 5 209,000 176,518
210,057 177,993

CURRENT ASSETS
Debtors 6 - 2,169
Cash at bank 1,711 2,871
1,711 5,040
CREDITORS
Amounts falling due within one year 7 33,546 41,197
NET CURRENT LIABILITIES (31,835 ) (36,157 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

178,222

141,836

CREDITORS
Amounts falling due after more than
one year

8

(144,288

)

(144,296

)

PROVISIONS FOR LIABILITIES (6,172 ) -
NET ASSETS/(LIABILITIES) 27,762 (2,460 )

GG-601-529 Limited (Registered number: 13874678)

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 9 26,311 -
Retained earnings 1,351 (2,560 )
27,762 (2,460 )

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 14 August 2024 and were signed by:





Caroline Anne Marshall-Roberts - Director


GG-601-529 Limited (Registered number: 13874678)

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

1. STATUTORY INFORMATION

GG-601-529 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

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-601-529 Limited (Registered number: 13874678)

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
fittings
£   
COST
At 1 January 2023
and 31 December 2023 1,672
DEPRECIATION
At 1 January 2023 197
Charge for year 418
At 31 December 2023 615
NET BOOK VALUE
At 31 December 2023 1,057
At 31 December 2022 1,475

GG-601-529 Limited (Registered number: 13874678)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 176,518
Revaluations 32,482
At 31 December 2023 209,000
NET BOOK VALUE
At 31 December 2023 209,000
At 31 December 2022 176,518

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2023 32,482
Cost 176,518
209,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Prepayments and accrued income - 2,169

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Tax 503 -
Directors' current accounts 31,869 31,869
Accruals and deferred income 1,174 9,328
33,546 41,197

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans more 5 yrs non-inst 144,288 144,296

GG-601-529 Limited (Registered number: 13874678)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.12.23 31.12.22
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 144,288 144,296

9. RESERVES
Fair
value
reserve
£   
Revaluation in year 32,483
Reserve transfer (6,172 )

At 31 December 2023 26,311

10. ULTIMATE CONTROLLING PARTY

The controlling party is Caroline Anne Marshall-Roberts.