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REGISTERED NUMBER: 06710773 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

GIRO ENGINEERING HOLDINGS LIMITED

GIRO ENGINEERING HOLDINGS LIMITED (REGISTERED NUMBER: 06710773)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


GIRO ENGINEERING HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: M E Congdon
M A Gromer



REGISTERED OFFICE: Talisman Business Centre
Duncan Road
Park Gate
Southampton
Hampshire
SO31 7GA



REGISTERED NUMBER: 06710773 (England and Wales)



SENIOR STATUTORY AUDITOR: Trevor Cook FCA



AUDITORS: Baines Jewitt Limited
Statutory Auditors
Spitfire House
19 Falcon Court
Preston Farm Industrial Estate
Stockton-on-Tees
TS18 3TU

GIRO ENGINEERING HOLDINGS LIMITED (REGISTERED NUMBER: 06710773)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 2,131,146 2,131,146

CREDITORS
Amounts falling due within one year 2,130,582 2,130,582
NET CURRENT LIABILITIES (2,130,582 ) (2,130,582 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

564

564

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 464 464
SHAREHOLDERS' FUNDS 564 564

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 September 2024 and were signed on its behalf by:





M E Congdon - Director


GIRO ENGINEERING HOLDINGS LIMITED (REGISTERED NUMBER: 06710773)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Giro Engineering Holdings 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.

Preparation of consolidated financial statements
The financial statements contain information about Giro Engineering Holdings 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 2 (2022 - 2 ) .

GIRO ENGINEERING HOLDINGS LIMITED (REGISTERED NUMBER: 06710773)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£
COST
At 1 January 2023
and 31 December 2023 2,131,146
NET BOOK VALUE
At 31 December 2023 2,131,146
At 31 December 2022 2,131,146

5. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Trevor Cook FCA (Senior Statutory Auditor)
for and on behalf of Baines Jewitt Limited

6. ULTIMATE PARENT COMPANY

The company's parent company which draws up consolidated financial statements is Heinzmann Holding GmbH. This company is incorporated in Germany and the registered office is Am Haselbach, 79677 Schönau, Germany.