Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-02-01falseThe principal activity is that of property development.11falsetruefalse 13867415 2023-02-01 2024-01-31 13867415 2022-01-24 2023-01-31 13867415 2024-01-31 13867415 2023-01-31 13867415 1 2023-02-01 2024-01-31 13867415 d:Director2 2023-02-01 2024-01-31 13867415 c:CurrentFinancialInstruments 2024-01-31 13867415 c:CurrentFinancialInstruments 2023-01-31 13867415 c:CurrentFinancialInstruments c:WithinOneYear 2024-01-31 13867415 c:CurrentFinancialInstruments c:WithinOneYear 2023-01-31 13867415 c:ShareCapital 2024-01-31 13867415 c:ShareCapital 2023-01-31 13867415 c:RetainedEarningsAccumulatedLosses 2024-01-31 13867415 c:RetainedEarningsAccumulatedLosses 2023-01-31 13867415 d:OrdinaryShareClass1 2023-02-01 2024-01-31 13867415 d:OrdinaryShareClass1 2024-01-31 13867415 d:OrdinaryShareClass1 2023-01-31 13867415 d:FRS102 2023-02-01 2024-01-31 13867415 d:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13867415 d:FullAccounts 2023-02-01 2024-01-31 13867415 d:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13867415 c:Subsidiary1 2023-02-01 2024-01-31 13867415 c:Subsidiary1 1 2023-02-01 2024-01-31 13867415 c:Subsidiary2 2023-02-01 2024-01-31 13867415 c:Subsidiary2 1 2023-02-01 2024-01-31 13867415 6 2023-02-01 2024-01-31 13867415 e:PoundSterling 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure



Company Registration No. 13867415 (England and Wales)







PLACE G LIMITED

UNAUDITED
FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 JANUARY 2024




































Riordan O'Sullivan & Co
Chartered Certified Accountants
40 Chamberlayne Road
London
NW10 3JE

 
PLACE G LIMITED
REGISTERED NUMBER:13867415

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
  
200
200

  
200
200

Current assets
  

Debtors
 5 
-
201,960

Cash at bank and in hand
  
22,496
29,802

  
22,496
231,762

Creditors: amounts falling due within one year
 6 
(208,136)
(247,724)

Net current liabilities
  
 
 
(185,640)
 
 
(15,962)

Total assets less current liabilities
  
(185,440)
(15,762)

  

Net liabilities
  
(185,440)
(15,762)


Capital and reserves
  

Called up share capital 
  
300
300

Profit and loss account
  
(185,740)
(16,062)

  
(185,440)
(15,762)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 October 2024.


___________________________
Mark Frank O'Connor
Director

Page 1

 
PLACE G LIMITED
REGISTERED NUMBER:13867415
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
PLACE G LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Place G Limited is a private company limited by shares incorporated in England and Wales. The registered office is 40 Chamberlayne Road, London, NW10 3JE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

 
2.3

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
PLACE G LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

2024
2023
£
£

Wages and salaries
121,491
15,388

121,491
15,388


The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 February 2023
200



At 31 January 2024
200





Subsidiary undertakings


The following were subsidiary undertakings of the Company:

Name

Registered office

Class of shares

Holding

Place Property 1 Limited
England and Wales
Ordinary
100%
Place Property 2 Limited
England and Wales
Ordinary
100%

The aggregate of the share capital and reserves as at 31 January 2024 and the profit or loss for the year ended on that date for the subsidiary undertakings was as follows:

Name
Profit/(Loss)
£

Place Property 1 Limited
-

Place Property 2 Limited
-

Page 4

 
PLACE G LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Debtors

2024
2023
£
£


Other debtors
-
201,960



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to related parties
199,424
246,924

Other taxation and social security
2,725
-

Other creditors
4,787
200

Accruals
1,200
600

208,136
247,724



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



300 (2023 - 300) Ordinary shares of £1.00 each
300
300



8.


Related party transactions

The company has taken advantage of the exemption available with Financial Reporting Standard 102, Section 33.1A, 'Related Party Disclosures' not to disclose transactions entered and outstanding balances between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member.


9.


Post balance sheet events

There were no events since the year end which materially affected the company. 

 
Page 5