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REGISTERED NUMBER: 12274668 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Gesar Limited

Gesar Limited (Registered number: 12274668)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Gesar Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: M Sotnicoka





REGISTERED OFFICE: 8 Northumberland Avenue
London
London
WC2N 5BY





REGISTERED NUMBER: 12274668 (England and Wales)





ACCOUNTANTS: Try Lunn & Co
Chartered Accountants
Roland House
Princes Dock Street
Hull
HU1 2LD

Gesar Limited (Registered number: 12274668)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 1,150 1,823
Cash at bank 148 1,537
1,298 3,360
CREDITORS
Amounts falling due within one year 5 14,140 11,722
NET CURRENT LIABILITIES (12,842 ) (8,362 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,842

)

(8,362

)

CAPITAL AND RESERVES
Called up share capital 7 4,429 4,429
Retained earnings 8 (17,271 ) (12,791 )
SHAREHOLDERS' FUNDS (12,842 ) (8,362 )

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 11 September 2024 and were signed by:





M Sotnicoka - Director


Gesar Limited (Registered number: 12274668)

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

1. STATUTORY INFORMATION

Gesar 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.

The Company is reliant on the support of it's director, who has confirmed they will continue to provide support for the foreseeable future.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments 1,150 1,823

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans (see note 6) 8,696 8,598
Directors' current accounts 3,924 1,704
Accrued expenses 1,520 1,420
14,140 11,722

6. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Other loans 8,696 8,598

Gesar Limited (Registered number: 12274668)

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

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
5,000 Share capital 1 €1 4,429 4,429

8. RESERVES
Retained
earnings
£   

At 1 January 2023 (12,791 )
Deficit for the year (4,480 )
At 31 December 2023 (17,271 )

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 December 2023 £3,924 (2022 - £1,704) was owed to M Sotnicoka by the company. This loan is interest free and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Sotnicoka.