G&D ASSET MANAGEMENT LIMITED

Company Registration Number:
08448015 (England and Wales)

Unaudited statutory accounts for the year ended 26 March 2024

Period of accounts

Start date: 27 March 2023

End date: 26 March 2024

G&D ASSET MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 26 March 2024

Balance sheet
Additional notes
Balance sheet notes

G&D ASSET MANAGEMENT LIMITED

Balance sheet

As at 26 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 11,696 343,824
Investments: 4 327,685
Total fixed assets: 339,381 343,824
Current assets
Debtors: 5 2,210
Cash at bank and in hand: 3,897 8,253
Total current assets: 6,107 8,253
Creditors: amounts falling due within one year: 6 ( 54,550 ) ( 59,751 )
Net current assets (liabilities): (48,443) (51,498)
Total assets less current liabilities: 290,938 292,326
Creditors: amounts falling due after more than one year: 7 ( 219,387 ) ( 223,184 )
Provision for liabilities: ( 2,222 ) ( 3,066 )
Total net assets (liabilities): 69,329 66,076
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 69,229 65,976
Total Shareholders' funds: 69,329 66,076

The notes form part of these financial statements

G&D ASSET MANAGEMENT LIMITED

Balance sheet statements

For the year ending 26 March 2024 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 26 December 2024
and signed on behalf of the board by:

Name: Mr C Joyce
Status: Director

The notes form part of these financial statements

G&D ASSET MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 26 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

    Tangible fixed assets depreciation policy

    Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Fixtures and fittings 15% SL

G&D ASSET MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 26 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

G&D ASSET MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 26 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 27 March 2023 327,685 50,077 377,762
Additions
Disposals
Revaluations
Transfers 327,685 327,685
At 26 March 2024 0 50,077 50,077
Depreciation
At 27 March 2023 33,938 33,938
Charge for year 4,443 4,443
On disposals
Other adjustments
At 26 March 2024 38,381 38,381
Net book value
At 26 March 2024 0 11,696 11,696
At 26 March 2023 327,685 16,139 343,824

G&D ASSET MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 26 March 2024

4. Fixed assets investments note

Investment property at 26 March 2024 £327,685 There has been no valuation of investment property by an independent valuer.

G&D ASSET MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 26 March 2024

5. Debtors

2024 2023
£ £
Other debtors 2,210
Total 2,210

G&D ASSET MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 26 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 9,257 9,257
Taxation and social security 15,870 19,721
Accruals and deferred income 29,423 30,773
Total 54,550 59,751

G&D ASSET MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 26 March 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 219,387 223,184
Total 219,387 223,184