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GDE Property Holdings Ltd

Registered Number
NI693072
(Northern Ireland)

Unaudited Financial Statements for the Period ended
31 December 2023

GDE Property Holdings Ltd
Company Information
for the period from 8 December 2022 to 31 December 2023

Director

Gordon David Burns

Registered Address

Unit 4a Channel Wharf
21 Old Channel Road
Belfast
BT3 9DE

Registered Number

NI693072 (Northern Ireland)
GDE Property Holdings Ltd
Balance Sheet as at
31 December 2023

Notes

2023

£

£

Fixed assets
Investment property379,115
79,115
Current assets
Cash at bank and on hand92,704
92,704
Creditors amounts falling due within one year4(171,697)
Net current assets (liabilities)(78,993)
Total assets less current liabilities122
Net assets122
Capital and reserves
Called up share capital1
Profit and loss account121
Shareholders' funds122
The financial statements were approved and authorised for issue by the Director on 5 September 2024, and are signed on its behalf by:
Gordon David Burns
Director
Registered Company No. NI693072
GDE Property Holdings Ltd
Notes to the Financial Statements
for the period ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Investment property
The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.
2.Average number of employees
The average number of employees is the director of the company

2023
Average number of employees during the year1
3.Investment property

£
Additions79,115
At 31 December 2379,115
4.Creditors: amounts due within one year

2023

£
Amounts owed to related parties170,100
Taxation and social security70
Other creditors179
Accrued liabilities and deferred income1,348
Total171,697
5.Related party transactions
Included in other creditors are amounts owing to a related party totaling £170,100