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COMPANY REGISTRATION NUMBER: 01479183
G. & S. Holdings Limited
Unaudited financial statements
31 March 2024
G. & S. Holdings Limited
Statement of financial position
31 March 2024
2024
2023
Note
£
£
£
£
Fixed assets
Investments
5
250,000
250,000
Creditors: Amounts falling due within one year
6
( 91,016)
( 91,016)
-------
-------
Net current liabilities
( 91,016)
( 91,016)
---------
---------
Total assets less current liabilities
158,984
158,984
---------
---------
Capital and reserves
Called up share capital
23,750
23,750
Share premium account
17,000
17,000
Capital redemption reserve
1,250
1,250
Profit and loss account
116,984
116,984
---------
---------
Shareholders funds
158,984
158,984
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 9 October 2024 , and are signed on behalf of the board by:
L E J Brown
Director
Company registration number: 01479183
G. & S. Holdings Limited
Notes to the financial statements
Year ended 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bullens Farm Barn, Eades Paddock, Great Barton, Bury St Edmunds, Suffolk, United Kingdom, IP31 2TY.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders funds during the current year or prior year.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
4. Employee numbers
The average number of employees during the year was 2 (2023: 2 ).
5. Investments
Group Loans
Group Investment
Total
£
£
£
Cost
At 1 April 2023 and 31 March 2024
150,000
100,000
250,000
---------
---------
---------
Impairment
At 1 April 2023 and 31 March 2024
---------
---------
---------
Carrying amount
At 31 March 2024
150,000
100,000
250,000
---------
---------
---------
At 31 March 2023
150,000
100,000
250,000
---------
---------
---------
6. Creditors: Amounts falling due within one year
2024
2023
£
£
Amounts owed to group undertakings
91,016
91,016
-------
-------