REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 December 2023 |
for |
GREATSCHEME LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 December 2023 |
for |
GREATSCHEME LIMITED |
GREATSCHEME LIMITED (REGISTERED NUMBER: 08147346) |
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 |
GREATSCHEME LIMITED |
Company Information |
for the year ended 31 December 2023 |
Directors: |
Registered office: |
Business address: |
Registered number: |
Accountants: |
New Derwent House |
69-73 Theobalds Road |
London |
WC1X 8TA |
GREATSCHEME LIMITED (REGISTERED NUMBER: 08147346) |
Balance Sheet |
31 December 2023 |
31/12/23 | 31/12/22 |
Notes | £ | £ | £ | £ |
Fixed assets |
Investments | 4 |
Investment property | 5 |
Current assets |
Debtors | 6 |
Cash at bank |
Creditors |
Amounts falling due within one year | 7 |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities |
Capital and reserves |
Called up share capital |
Retained earnings |
Shareholders' funds |
GREATSCHEME LIMITED (REGISTERED NUMBER: 08147346) |
Balance Sheet - continued |
31 December 2023 |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
GREATSCHEME LIMITED (REGISTERED NUMBER: 08147346) |
Notes to the Financial Statements |
for the year ended 31 December 2023 |
1. | Statutory information |
Greatscheme Limited is a |
The financial statements are presented in Sterling, which is the functional currency of the company, rounded to the nearest £1. |
2. | Accounting policies |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about Greatscheme Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
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. |
Going concern |
The directors have made an assessment of the company's ability to continue as a going concern and have identified no material uncertainties that may cast a significant doubt on the ability of the company to continue as a going concern for the foreseeable future. |
3. | Employees and directors |
The average number of employees during the year was NIL (2022 - NIL). |
GREATSCHEME LIMITED (REGISTERED NUMBER: 08147346) |
Notes to the Financial Statements - continued |
for the year ended 31 December 2023 |
4. | Fixed asset investments |
Other |
investments |
£ |
Cost |
At 1 January 2023 |
and 31 December 2023 |
Provisions |
Provision for year | 48,691 |
At 31 December 2023 | 48,691 |
Net book value |
At 31 December 2023 |
At 31 December 2022 |
5. | Investment property |
Total |
£ |
Fair value |
At 1 January 2023 |
and 31 December 2023 |
Net book value |
At 31 December 2023 |
At 31 December 2022 |
Investment property was valued by the directors on an open market basis at 31 December 2023. |
6. | Debtors: amounts falling due within one year |
31/12/23 | 31/12/22 |
£ | £ |
Other debtors |
7. | Creditors: amounts falling due within one year |
31/12/23 | 31/12/22 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
Included in other creditors above is a loan of £1,141 (2022 - £1,141) from P F Quigley, a company director. |
GREATSCHEME LIMITED (REGISTERED NUMBER: 08147346) |
Notes to the Financial Statements - continued |
for the year ended 31 December 2023 |
8. | Directors' advances, credits and guarantees |
The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022: |
31/12/23 | 31/12/22 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |