Company registration number: 11222482
Unaudited financial statements
for the period ended 28 February 2024
for
GKJ Investments Ltd
Pages for filing with the Registrar
Company registration number: 11222482
GKJ Investments Ltd
Balance sheet
as at 28 February 2024
28 Feb 24 28 Feb 23
Note £ £ £ £
Fixed assets
Investments - 301,000
Investment property 5 301,000 -
301,000 301,000
Current assets
Debtors - 1,115
Cash at bank and in hand 66,437 61,660
66,437 62,775
Creditors: amounts falling due within
one year
(124,688) (124,000)
Net current liabilities (58,251) (61,225)
Total assets less current liabilities 242,749 239,775
Creditors: Amounts falling due after
more than one year
6 (228,015) (228,015)
NET ASSETS 14,734 11,760
Capital and reserves
Called up share capital 2 2
Profit and loss account 14,732 11,758
TOTAL EQUITY 14,734 11,760
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 28 February 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 11222482
GKJ Investments Ltd
Balance sheet - continued
as at 28 February 2024
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr S Johal, Director
22 October 2024
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GKJ Investments Ltd
Notes to the financial statements
for the period ended 28 February 2024
1 Company information
GKJ Investments Ltd is a private company registered in England and Wales. Its registered number is 11222482. The company is limited by shares. Its registered office is 261 Norwood Road, Southall, Middlesex, UB2 4JJ.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the 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 its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Taxation
Taxation for the period comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the period the average number of employees was 1 (2023 - 1).
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GKJ Investments Ltd
Notes to the financial statements - continued
for the period ended 28 February 2024
4 Investment property
£
Valuation
At 1 March 2023 301,000
At 28 February 2024 301,000
5 Creditors: amounts falling due after more than five years
28 Feb 24 28 Feb 23
£ £
Repayable by instalments
Bank loans 228,015 228,015
228,015 228,015
6 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the periods ended 28 February 2024 and 28 February 2023.
28 Feb 24 28 Feb 23
£ £
Mr Sandeep Johal
Balance outstanding at start of period 123,000 76,000
Amounts advanced - 142,000
Amounts repaid - (95,000)
Balance outstanding at end of period - 123,000
NO
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