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REGISTERED NUMBER: 07330558 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

GFY LONDON LIMITED

GFY LONDON LIMITED (REGISTERED NUMBER: 07330558)






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




Page

Balance Sheet 1


GFY LONDON LIMITED (REGISTERED NUMBER: 07330558)

BALANCE SHEET
31 MARCH 2024

2024 2023
£    £    £    £   
FIXED ASSETS 2,141,248 1,705,357

CURRENT ASSETS 9,497 5,756

PREPAYMENTS AND ACCRUED INCOME 869 1,030

CREDITORS
Amounts falling due within one year (82,055 ) (74,999 )
NET CURRENT LIABILITIES (71,689 ) (68,213 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,069,559 1,637,144

CREDITORS
Amounts falling due after more than one
year

1,797,036

1,364,261
NET ASSETS 272,523 272,883

CAPITAL AND RESERVES 272,523 272,883

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

GFY London Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07330558

Registered office: 35 Gildredge Road
Eastbourne
East Sussex
BN21 4RX

The presentation currency of the financial statements is the Pound Sterling (£).


2. SECURITY

The investment properties owned by the company provide security to various lenders who advanced loans in order to assist with the acquisition of individual properties or the refinancing of such loans.

GFY LONDON LIMITED (REGISTERED NUMBER: 07330558)

BALANCE SHEET - continued
31 MARCH 2024

NOTES TO THE FINANCIAL STATEMENTS

3. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2023 - 2 ) .



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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 11 October 2024 and were signed on its behalf by:




D J Read BA (Hons) - Director



E Dozgic LL.B (Hons) - Director