31 March 2023 false No description of principal activity Taxfiler 2024.6 true 14772128business:PrivateLimitedCompanyLtd2023-03-312024-03-31 147721282023-03-30 147721282023-03-312024-03-31 14772128business:AuditExemptWithAccountantsReport2023-03-312024-03-31 14772128business:FilletedAccounts2023-03-312024-03-31 147721282024-03-31 14772128business:Director12023-03-312024-03-31 14772128business:Director22023-03-312024-03-31 14772128business:CompanySecretary12023-03-312024-03-31 14772128business:RegisteredOffice2023-03-312024-03-31 14772128core:WithinOneYear2024-03-31 14772128core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 14772128core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 14772128core:PreviouslyStatedAmount2024-03-31 14772128business:SmallEntities2023-03-312024-03-31 14772128countries:EnglandWales2023-03-312024-03-31 14772128core:LandBuildings2023-03-312024-03-31 14772128core:MotorVehicles2023-03-312024-03-31 14772128core:FurnitureFittings2023-03-312024-03-31 14772128core:MotorVehicles2023-03-30 14772128core:MotorVehicles2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 14772128 (England and Wales)
Gili Properties Limited Unaudited accounts for the period from 31 March 2023 to 31 March 2024
Gili Properties Limited Unaudited accounts Contents
Page
- 2 -
Gili Properties Limited Company Information for the period from 31 March 2023 to 31 March 2024
Directors
Kirk Booth Jackie Booth
Secretary
Jackie Booth
Company Number
14772128 (England and Wales)
Registered Office
6 Falkland Avenue Littlehampton BN17 6AB England
Accountants
Collective Concepts Accounting Ltd
- 3 -
Gili Properties Limited Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
7,013 
Investment property
282,136 
289,149 
Current assets
Debtors
1,871 
Cash at bank and in hand
466 
2,337 
Creditors: amounts falling due within one year
(306,531)
Net current liabilities
(304,194)
Net liabilities
(15,045)
Capital and reserves
Called up share capital
10 
Profit and loss account
(15,055)
Shareholders' funds
(15,045)
For the period ending 31 March 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 January 2025 and were signed on its behalf by
Jackie Booth Director Company Registration No. 14772128
- 4 -
Gili Properties Limited Notes to the Accounts for the period from 31 March 2023 to 31 March 2024
1
Statutory information
Gili Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 14772128. The registered office is 6 Falkland Avenue, Littlehampton, BN17 6AB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No Depreciation
Motor vehicles
25% Straight Line
Fixtures & fittings
20% Straight Line
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Going concern
The financial statement have been prepared on a going concern basis on the grounds that the Director have confirmed they will continue to support the company.
- 5 -
Gili Properties Limited Notes to the Accounts for the period from 31 March 2023 to 31 March 2024
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 31 March 2023
- 
Additions
7,500 
At 31 March 2024
7,500 
Depreciation
Charge for the period
487 
At 31 March 2024
487 
Net book value
At 31 March 2024
7,013 
5
Investment property
2024 
£ 
Additions
282,136 
At 31 March 2024
282,136 
6
Debtors
2024 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,771 
Other debtors
100 
1,871 
7
Creditors: amounts falling due within one year
2024 
£ 
Amounts owed to group undertakings and other participating interests
305,240 
Loans from directors
1,291 
306,531 
8
Transactions with related parties
The entity owes £305,240 to Based Projects Limited an entity under common control.
9
Average number of employees
During the period the average number of employees was 1.
- 6 -