Company Registration No. 11632307 (England and Wales)
GABVIC PROPERTY LTD
Unaudited accounts
for the year ended 29 February 2024
GABVIC PROPERTY LTD
Company Information
for the year ended 29 February 2024
Director
ANTOV, Dimitar Georgiev
Company Number
11632307 (England and Wales)
Registered Office
15 Mayfield Close
St. Austell
Cornwall
PL25 3PD
England
Accountants
AL Accounting Solutions Limited
Chartered Certified Accountants
21A Brighton Road
South Croydon
Croydon
CR2 6EA
GABVIC PROPERTY LTD
Statement of financial position
as at 29 February 2024
Investment property
482,773
482,773
Cash at bank and in hand
47,508
53,559
Creditors: amounts falling due within one year
(1,257)
(417)
Net current assets
88,626
77,142
Total assets less current liabilities
571,399
559,915
Creditors: amounts falling due after more than one year
(369,907)
(373,907)
Net assets
201,492
186,008
Called up share capital
100
100
Capital contribution reserve
196,349
187,204
Profit and loss account
5,043
(1,296)
Shareholders' funds
201,492
186,008
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 August 2024 and were signed on its behalf by
ANTOV, Dimitar Georgiev
Director
Company Registration No. 11632307
GABVIC PROPERTY LTD
Notes to the Accounts
for the year ended 29 February 2024
GABVIC PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 11632307. The registered office is 15 Mayfield Close, St. Austell, Cornwall, PL25 3PD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 March 2023
482,773
At 29 February 2024
482,773
Amounts falling due within one year
Other debtors
42,375
24,000
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
807
(304)
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
369,907
369,907
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).