G4 PROPERTIES (LEATHERHEAD) LIMITED

Company Registration Number:
12569234 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

G4 PROPERTIES (LEATHERHEAD) LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

G4 PROPERTIES (LEATHERHEAD) LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 375,000 0
Total fixed assets: 375,000 0
Current assets
Stocks: 1,881 1,741,645
Debtors:   100 36,622
Cash at bank and in hand: 497 23,419
Total current assets: 2,478 1,801,686
Creditors: amounts falling due within one year:   (19,259) (16,937)
Net current assets (liabilities): (16,781) 1,784,749
Total assets less current liabilities: 358,219 1,784,749
Creditors: amounts falling due after more than one year:   (371,641) (1,787,877)
Total net assets (liabilities): (13,422) (3,128)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (13,522) (3,228)
Shareholders funds: (13,422) (3,128)

The notes form part of these financial statements

G4 PROPERTIES (LEATHERHEAD) LIMITED

Balance sheet statements

For the year ending 30 April 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

This report was approved by the board of directors on 28 January 2025
and signed on behalf of the board by:

Name: Mr M A Oberholzer
Status: Director

The notes form part of these financial statements

G4 PROPERTIES (LEATHERHEAD) LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

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

G4 PROPERTIES (LEATHERHEAD) LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

G4 PROPERTIES (LEATHERHEAD) LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 2,076
Additions 7,550
Transfers 375,000
At 30 April 2024 384,626
Depreciation
At 01 May 2023 2,076
Charge for year 7,550
At 30 April 2024 9,626
Net book value
At 30 April 2024 375,000
At 30 April 2023 0

G4 PROPERTIES (LEATHERHEAD) LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Related party transactions

Name of the related party: Bushwillow Homes (Real Estate) Ltd
Relationship:
Fellow subsidiary
Description of the Transaction: During the accounting period, the company disposed of stock to the value of £1,040,000 to the related entity at full market value.
£
Balance at 01 May 2023 0
Balance at 30 April 2024 1,040,000

G4 PROPERTIES (LEATHERHEAD) LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Off balance sheet arrangements

Property with a carrying value of £375,000 (2023: £nil) (corresponding to total Tangible Assets) are pledged as security for the a secured loan granted by Mizrahi Tefahot Bank Ltd to Bushwillow Homes (Franklands) Ltd.