Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302023-10-011falsetrueActivities of mortgage finance companies1true 12266361 2023-10-01 2024-09-30 12266361 2022-10-01 2023-09-30 12266361 2024-09-30 12266361 2023-09-30 12266361 c:Director1 2023-10-01 2024-09-30 12266361 d:CurrentFinancialInstruments 2024-09-30 12266361 d:CurrentFinancialInstruments 2023-09-30 12266361 d:ShareCapital 2024-09-30 12266361 d:ShareCapital 2023-09-30 12266361 c:OrdinaryShareClass1 2023-10-01 2024-09-30 12266361 c:OrdinaryShareClass1 2024-09-30 12266361 c:EntityHasNeverTraded 2023-10-01 2024-09-30 12266361 c:FRS102 2023-10-01 2024-09-30 12266361 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12266361 c:FullAccounts 2023-10-01 2024-09-30 12266361 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12266361










GFS 3 LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
GFS 3 LTD
REGISTERED NUMBER: 12266361

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1
1

  
1
1

Total assets less current liabilities
  
 
 
1
 
 
1

  

Net assets
  
1
1


Capital and reserves
  

Called up share capital 
 5 
1
1

  
1
1


For the year ended 30 September 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 profit and loss account 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: 




................................................
Mr G Harrington
Director

Date: 30 January 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
GFS 3 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

GFS 3 Ltd is a private company limited by shares, and incorporated in England and Wales. The company registration number is 12266361 and the registered office is 2nd Floor, Mutual House, 70 Conduit Street, London, England, W1S 2GF.
The company was incorporated on 16 October 2019 and has not traded since incorporation. The financial statements are prepared for the year 1 October 2023 to 30 September 2024.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements have been prepared on a going concern basis under the historical cost convention. 
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.
The following principal accounting policies have been applied:

 
2.2

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.

 
2.3

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 2

 
GFS 3 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
1
1



5.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 ordinary share of £1.00
1
1





6.


Parent entity and contolling party

The immediate parent undertaking is Glenhawk Financial Services Limited, a company incorporated in England and Wales, with a registered office of 2nd Floor, Mutual House, 70 Conduit Street, London, W1S 2GF.
The ultimate parent company of Glenhawk Group Limited is GLEU GHK S.a.r.l, a company incorporated in Luxembourg.
 
The ultimate controlling party is Marc Lasry by virtue of their controlling interest in the ultimate parent company.

Page 3