Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312023-05-102023-05-102023-05-102024-05-31No description of principal activityfalse32023-05-10falsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC768781 2023-05-09 SC768781 2023-05-10 2024-05-31 SC768781 2022-05-10 2023-05-09 SC768781 2024-05-31 SC768781 c:Director1 2023-05-10 2024-05-31 SC768781 c:Director1 2024-05-31 SC768781 c:Director2 2023-05-10 2024-05-31 SC768781 c:Director2 2024-05-31 SC768781 c:Director3 2023-05-10 2024-05-31 SC768781 c:Director3 2024-05-31 SC768781 c:RegisteredOffice 2023-05-10 2024-05-31 SC768781 d:FreeholdInvestmentProperty 2023-05-10 2024-05-31 SC768781 d:FreeholdInvestmentProperty 2024-05-31 SC768781 d:CurrentFinancialInstruments 2024-05-31 SC768781 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 SC768781 d:ShareCapital 2024-05-31 SC768781 d:RetainedEarningsAccumulatedLosses 2024-05-31 SC768781 c:OrdinaryShareClass1 2023-05-10 2024-05-31 SC768781 c:OrdinaryShareClass1 2024-05-31 SC768781 c:FRS102 2023-05-10 2024-05-31 SC768781 c:AuditExempt-NoAccountantsReport 2023-05-10 2024-05-31 SC768781 c:FullAccounts 2023-05-10 2024-05-31 SC768781 c:PrivateLimitedCompanyLtd 2023-05-10 2024-05-31 SC768781 e:PoundSterling 2023-05-10 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC768781










GMB PROPERTY LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

 
GMB PROPERTY LIMITED
 

COMPANY INFORMATION


Directors
Mrs D G Brash (appointed 10 May 2023)
Mr K A Brash (appointed 10 May 2023)
Mr A J Goldie (appointed 10 May 2023)




Registered number
SC768781



Registered office
14 City Quay

Dundee

DD1 3JA




Trading Address
Units 9 & 10 Tom Johnstone Road

Dundee






Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
GMB PROPERTY LIMITED
 

CONTENTS



Page
Statement of financial position
1
Notes to the financial statements
2 - 4


 
GMB PROPERTY LIMITED
REGISTERED NUMBER: SC768781

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
Note
£

Fixed assets
  

Investment property
 4 
87,460

  
87,460

Current assets
  

Debtors: amounts falling due within one year
 5 
380

Bank and cash balances
  
31,693

  
32,073

Creditors: amounts falling due within one year
 6 
(119,311)

Net current (liabilities)/assets
  
 
 
(87,238)

Total assets less current liabilities
  
222

  

Net assets
  
222


Capital and reserves
  

Called up share capital 
 7 
3

Profit and loss account
  
219

  
222


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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 income and retained earnings 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 on 25 February 2025.




Mrs D G Brash
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
GMB PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

1.


General information

GMB Property Limited is a private company, limited by shares, domiciled in Scotland with registration number SC768781. The company's registered office is 14 Cuty Quay, Dundee, DD1 3JA and its trading address is Units 9 & 10, Tom Johnstone Road, Dundee, DD4 8XD.

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

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 2

 
GMB PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

3.


Employees




The average monthly number of employees, including the directors, during the period was as follows:


        2024
            No.






Employees
3


4.


Investment property


Freehold investment property

£



Valuation


Additions at cost
87,460



At 31 May 2024
87,460

The 2024 valuations were made by the directors, on an open market value for existing use basis.





5.


Debtors

2024
£


Other debtors
330

Prepayments and accrued income
50

380



6.


Creditors: Amounts falling due within one year

2024
£

Corporation tax
51

Other creditors
117,460

Accruals and deferred income
1,800

119,311


Page 3

 
GMB PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

7.


Share capital

2024
£
Allotted, called up and fully paid


3 Ordinary shares of £1.00 each
3





Page 4