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
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
GMD London Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
1,049,997
1,049,997
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)
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
GMD London Ltd
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
At 29 February 2024
1,049,997
At 29 February 2024
1,049,997
At 28 February 2023
1,049,997
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
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).