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REGISTERED NUMBER: 11549697 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Gaiaco Ltd

Gaiaco Ltd (Registered number: 11549697)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gaiaco Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: C Hewitt





REGISTERED OFFICE: C/O Haines Watts Chester
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS





REGISTERED NUMBER: 11549697 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Gaiaco Ltd (Registered number: 11549697)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 227,645 165,276
Investments 5 670,018 656,583
Investment property 6 - 2,227,703
897,663 3,049,562

CURRENT ASSETS
Debtors 7 1,225,530 1,140,772
Cash at bank 1,933,720 184,143
3,159,250 1,324,915
CREDITORS
Amounts falling due within one year 8 50,130 52,467
NET CURRENT ASSETS 3,109,120 1,272,448
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,006,783

4,322,010

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,006,683 4,321,910
SHAREHOLDERS' FUNDS 4,006,783 4,322,010

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Gaiaco Ltd (Registered number: 11549697)

Balance Sheet - continued
31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 November 2024 and were signed by:





C Hewitt - Director


Gaiaco Ltd (Registered number: 11549697)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Gaiaco Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

The financial statements are presented in sterling, which is the functional currency of the company, rounded to the nearest £1.

Preparation of consolidated financial statements
The financial statements contain information about Gaiaco Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Gaiaco Ltd (Registered number: 11549697)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 163,837 19,487 183,324
Additions - 65,635 65,635
At 31 March 2024 163,837 85,122 248,959
DEPRECIATION
At 1 April 2023 - 18,048 18,048
Charge for year - 3,266 3,266
At 31 March 2024 - 21,314 21,314
NET BOOK VALUE
At 31 March 2024 163,837 63,808 227,645
At 31 March 2023 163,837 1,439 165,276

5. FIXED ASSET INVESTMENTS

31.3.24 31.3.23
£    £   
Shares in group undertakings 10,100 10,100
Other investments not loans 659,918 646,483
670,018 656,583

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 10,100
NET BOOK VALUE
At 31 March 2024 10,100
At 31 March 2023 10,100

Investments (neither listed nor unlisted) were as follows:
31.3.24 31.3.23
£    £   
Jewellery 659,918 646,483

Gaiaco Ltd (Registered number: 11549697)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 2,227,703
Additions 34,268
Disposals (2,261,971 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 2,227,703

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed by group undertakings 589,124 511,948
Other debtors 636,406 628,824
1,225,530 1,140,772

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 816 4,696
Amounts owed to associates 44,582 44,582
Other creditors 4,732 3,189
50,130 52,467