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REGISTERED NUMBER: SC647519 (Scotland)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

GHG HOLDINGS LIMITED

GHG HOLDINGS LIMITED (REGISTERED NUMBER: SC647519)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GHG HOLDINGS LIMITED

COMPANY INFORMATION
for the Year Ended 30 November 2023







DIRECTOR: Ms D Potter





REGISTERED OFFICE: 27 Ingram Street
Glasgow
G1 1HA





REGISTERED NUMBER: SC647519 (Scotland)





ACCOUNTANTS: Kean Jarman & Company
Chartered Accountants
27 Ingram Street
Glasgow
G1 1HA

GHG HOLDINGS LIMITED (REGISTERED NUMBER: SC647519)

BALANCE SHEET
30 November 2023

30.11.23 30.11.22
Notes £    £   
CURRENT ASSETS
Stocks 651,559 651,559
Debtors 4 926 1,051
Cash at bank 1,409 755
653,894 653,365
CREDITORS
Amounts falling due within one year 5 173,135 124,313
NET CURRENT ASSETS 480,759 529,052
TOTAL ASSETS LESS CURRENT
LIABILITIES

480,759

529,052

CREDITORS
Amounts falling due after more than one year 6 650,000 650,000
NET LIABILITIES (169,241 ) (120,948 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (169,242 ) (120,949 )
(169,241 ) (120,948 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

GHG HOLDINGS LIMITED (REGISTERED NUMBER: SC647519)

BALANCE SHEET - continued
30 November 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2024 and were signed by:





Ms D Potter - Director


GHG HOLDINGS LIMITED (REGISTERED NUMBER: SC647519)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

GHG Holdings Limited is a private company, limited by shares , registered in Scotland. 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - NIL ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 926 1,051

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 2 1,800
Taxation and social security 588 -
Other creditors 172,545 122,513
173,135 124,313

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 650,000 650,000

7. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans 650,000 650,000

GHG HOLDINGS LIMITED (REGISTERED NUMBER: SC647519)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 30th November 2023 an amount of £170,745 is owed to the company director (2022 - £121,013). The loan is interest free with no fixed date for repayment and is disclosed in other creditors.