IRIS Accounts Production v24.2.0.383 14037997 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh140379972023-03-31140379972024-03-31140379972023-04-012024-03-31140379972022-04-10140379972022-04-112023-03-31140379972023-03-3114037997ns15:EnglandWales2023-04-012024-03-3114037997ns14:PoundSterling2023-04-012024-03-3114037997ns10:Director12023-04-012024-03-3114037997ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3114037997ns10:SmallEntities2023-04-012024-03-3114037997ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3114037997ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3114037997ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3114037997ns10:FullAccounts2023-04-012024-03-3114037997ns10:OrdinaryShareClass12023-04-012024-03-3114037997ns10:OrdinaryShareClass22023-04-012024-03-3114037997ns10:OrdinaryShareClass32023-04-012024-03-3114037997ns10:OrdinaryShareClass42023-04-012024-03-3114037997ns10:Director22023-04-012024-03-3114037997ns10:Director32023-04-012024-03-3114037997ns10:Director42023-04-012024-03-3114037997ns10:RegisteredOffice2023-04-012024-03-3114037997ns5:CurrentFinancialInstruments2024-03-3114037997ns5:CurrentFinancialInstruments2023-03-3114037997ns5:ShareCapital2024-03-3114037997ns5:ShareCapital2023-03-3114037997ns5:RetainedEarningsAccumulatedLosses2024-03-3114037997ns5:RetainedEarningsAccumulatedLosses2023-03-3114037997ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3114037997ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3114037997ns10:OrdinaryShareClass12024-03-3114037997ns10:OrdinaryShareClass22024-03-3114037997ns10:OrdinaryShareClass32024-03-3114037997ns10:OrdinaryShareClass42024-03-31
REGISTERED NUMBER: 14037997 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

GAMAD PROPERTIES LIMITED

GAMAD PROPERTIES LIMITED (REGISTERED NUMBER: 14037997)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GAMAD PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: G C Dunn
A Dunn
M P Dunn
A H Dunn





REGISTERED OFFICE: Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ





REGISTERED NUMBER: 14037997 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

GAMAD PROPERTIES LIMITED (REGISTERED NUMBER: 14037997)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 145,772 145,772

CURRENT ASSETS
Debtors 5 200 488
Cash at bank 3,859 2,248
4,059 2,736
CREDITORS
Amounts falling due within one year 6 149,532 151,945
NET CURRENT LIABILITIES (145,473 ) (149,209 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

299

(3,437

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 199 (3,537 )
SHAREHOLDERS' FUNDS 299 (3,437 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by:





G C Dunn - Director


GAMAD PROPERTIES LIMITED (REGISTERED NUMBER: 14037997)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Gamad Properties 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.

Turnover
Turnover represents property rent recorded on a rent receivable basis.

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 Statement of Income and Retained Earnings, 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.

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 4 (2023 - 4 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 145,772
NET BOOK VALUE
At 31 March 2024 145,772
At 31 March 2023 145,772

GAMAD PROPERTIES LIMITED (REGISTERED NUMBER: 14037997)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INVESTMENT PROPERTY - continued

The directors have considered the value of the property as at 31 March 2024, and believe no revaluation is required.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 200 200
Other debtors - 288
200 488

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 360 -
Other creditors 149,172 151,945
149,532 151,945

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
5 Ordinary A £1 5 5
5 Ordinary B £1 5 5
85 Ordinary C £1 85 85
5 Ordinary D £1 5 5
100 100