Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activityfalse2023-03-03false2truetrue 14703770 2023-03-02 14703770 2023-03-03 2024-03-31 14703770 2022-03-03 2023-03-02 14703770 2024-03-31 14703770 c:Director1 2023-03-03 2024-03-31 14703770 d:CurrentFinancialInstruments 2024-03-31 14703770 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14703770 d:ShareCapital 2024-03-31 14703770 d:RetainedEarningsAccumulatedLosses 2024-03-31 14703770 c:OrdinaryShareClass1 2023-03-03 2024-03-31 14703770 c:OrdinaryShareClass1 2024-03-31 14703770 c:FRS102 2023-03-03 2024-03-31 14703770 c:AuditExempt-NoAccountantsReport 2023-03-03 2024-03-31 14703770 c:FullAccounts 2023-03-03 2024-03-31 14703770 c:PrivateLimitedCompanyLtd 2023-03-03 2024-03-31 14703770 e:PoundSterling 2023-03-03 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14703770









G3 INVESTMENTS UK LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
G3 INVESTMENTS UK LTD
REGISTERED NUMBER: 14703770

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
  
2,805

Cash at bank and in hand
 5 
91,067

  
93,872

Creditors: amounts falling due within one year
 6 
(336,886)

Net current (liabilities)/assets
  
 
 
(243,014)

Total assets less current liabilities
  
(243,014)

  

Net (liabilities)/assets
  
(243,014)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(243,114)

  
(243,014)


Page 1

 
G3 INVESTMENTS UK LTD
REGISTERED NUMBER: 14703770
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Z Rawji
Director

Date: 2 December 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
G3 INVESTMENTS UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

G3 Investments UK Limited is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales. The company's registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company .
The Company was incorporated on 3 March 2023.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis. The company is dependent on the directors and shareholders for financial support, which the directors are confident will continue for a period of at least another 12 months following the approval of these financial statements.
As at 31 March 2024, the company had net liabilities of £243,014. The directors and shareholders have indicated their present intention to provide adequate finance to enable the company to continue in operational existence, and on this basis the directors consider it appropriate to prepare the financial statements on the going concern basis.
The financial statements do not reflect any adjustments that would result from a withdrawal of financial support by the directors and shareholders.

Page 3

 
G3 INVESTMENTS UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.

Page 4

 
G3 INVESTMENTS UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Debtors

2024
£


Other debtors
2,497

Prepayments and accrued income
308

2,805



5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
91,067

Less: bank overdrafts
(3,889)

87,178



6.


Creditors: Amounts falling due within one year

2024
£

Bank overdrafts
3,889

Amounts owed to group undertakings
331,497

Accruals and deferred income
1,500

336,886



7.


Share capital

2024
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100


On incorporation, 100 Ordinary shares of £1.00 each were issued at par.

 
Page 5