Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 11790068 Mr Petrit Malaj iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11790068 2023-01-31 11790068 2024-01-31 11790068 2023-02-01 2024-01-31 11790068 frs-core:CurrentFinancialInstruments 2024-01-31 11790068 frs-core:Non-currentFinancialInstruments 2024-01-31 11790068 frs-core:BetweenOneFiveYears 2024-01-31 11790068 frs-core:ComputerEquipment 2024-01-31 11790068 frs-core:ComputerEquipment 2023-02-01 2024-01-31 11790068 frs-core:ComputerEquipment 2023-01-31 11790068 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-01-31 11790068 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-02-01 2024-01-31 11790068 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-01-31 11790068 frs-core:MotorVehicles 2024-01-31 11790068 frs-core:MotorVehicles 2023-02-01 2024-01-31 11790068 frs-core:MotorVehicles 2023-01-31 11790068 frs-core:ShareCapital 2024-01-31 11790068 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11790068 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11790068 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 11790068 frs-bus:SmallEntities 2023-02-01 2024-01-31 11790068 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11790068 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11790068 frs-bus:Director1 2023-02-01 2024-01-31 11790068 frs-countries:EnglandWales 2023-02-01 2024-01-31 11790068 2022-01-31 11790068 2023-01-31 11790068 2022-02-01 2023-01-31 11790068 frs-core:CurrentFinancialInstruments 2023-01-31 11790068 frs-core:Non-currentFinancialInstruments 2023-01-31 11790068 frs-core:BetweenOneFiveYears 2023-01-31 11790068 frs-core:ShareCapital 2023-01-31 11790068 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 11790068
Gk Property Investment Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Tax Express Accounting Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11790068
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 676,000 623,500
Tangible Assets 5 10,606 14,142
686,606 637,642
CURRENT ASSETS
Debtors 6 (864 ) 988
Cash at bank and in hand 14,662 102,444
13,798 103,432
Creditors: Amounts Falling Due Within One Year 7 1 (317,406 )
NET CURRENT ASSETS (LIABILITIES) 13,799 (213,974 )
TOTAL ASSETS LESS CURRENT LIABILITIES 700,405 423,668
Creditors: Amounts Falling Due After More Than One Year 8 (804,618 ) (512,014 )
NET LIABILITIES (104,213 ) (88,346 )
CAPITAL AND RESERVES
Called up share capital 10 1 100
Profit and Loss Account (104,214 ) (88,446 )
SHAREHOLDERS' FUNDS (104,213) (88,346)
Page 1
Page 2
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Petrit Malaj
Director
31/10/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Gk Property Investment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11790068 . The registered office is Noko Unit, 3-6 Banister Road, London, W10 4AR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% 4 years
Computer Equipment 25% 5 years
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
Page 3
Page 4
4. Intangible Assets
Intellectual Property
£
Cost or Valuation
As at 1 February 2023 623,500
Revaluations 52,500
As at 31 January 2024 676,000
Net Book Value
As at 31 January 2024 676,000
As at 1 February 2023 623,500
5. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 February 2023 12,900 1,773 14,673
As at 31 January 2024 12,900 1,773 14,673
Depreciation
As at 1 February 2023 - 531 531
Provided during the period 3,225 311 3,536
As at 31 January 2024 3,225 842 4,067
Net Book Value
As at 31 January 2024 9,675 931 10,606
As at 1 February 2023 12,900 1,242 14,142
6. Debtors
2024 2023
£ £
Due within one year
Other debtors (864) 988
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Other creditors - 317,406
(1 ) 317,406
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 8,000 13,389
Bank loans 20,504 498,625
Mortgages 491,500 -
Other creditors 284,614 -
804,618 512,014
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 8,000 13,389
10. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 99 1
Called Up Share Capital has been paid up (98) 99
Amount of Allotted, Called Up Share Capital 1 100
Page 5