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Company Registration No. 09434695 (England and Wales)
GMD London Ltd Unaudited accounts for the year ended 29 February 2024
GMD London Ltd Unaudited accounts Contents
Page
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GMD London Ltd Company Information for the year ended 29 February 2024
Directors
Paul Allan Prior Gina Maria Prior
Company Number
09434695 (England and Wales)
Registered Office
19 Dunmow Close Loughton Essex IG10 3AS England
Accountants
Multiplus Tax Solutions Ltd Suite 1 Chantal House 13-17 High Beech Road Loughton Essex IG10 4BN
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GMD London Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,049,997 
1,049,997 
Current assets
Cash at bank and in hand
226 
1,470 
Creditors: amounts falling due within one year
(1,071,315)
(1,062,954)
Net current liabilities
(1,071,089)
(1,061,484)
Net liabilities
(21,092)
(11,487)
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
106,350 
106,350 
Profit and loss account
(127,444)
(117,839)
Shareholders' funds
(21,092)
(11,487)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by
Paul Allan Prior Director Company Registration No. 09434695
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GMD London Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
GMD London Ltd is a private company, limited by shares, registered in England and Wales, registration number 09434695. The registered office is 19 Dunmow Close, Loughton, Essex, IG10 3AS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2023
1,049,997 
At 29 February 2024
1,049,997 
Depreciation
At 29 February 2024
- 
Net book value
At 29 February 2024
1,049,997 
At 28 February 2023
1,049,997 
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GMD London Ltd Notes to the Accounts for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
1,069,754 
1,061,754 
Accruals
1,561 
1,200 
1,071,315 
1,062,954 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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