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COMPANY REGISTRATION NUMBER: NI624837
GML Properties Ltd
Unaudited Financial Statements
31 May 2024
GML Properties Ltd
Financial Statements
Year ended 31 May 2024
Contents
Page
Income statement
1
Statement of financial position and the notes to the financial statements
2
GML Properties Ltd
Income Statement
Year ended 31 May 2024
2024
2023
£
£
Turnover
56,600
45,927
Depreciation and other amounts written off assets
240
821
Other charges
57,321
23,371
Tax
-
3,899
--------
--------
(Loss)/profit
( 961)
17,836
--------
--------
GML Properties Ltd
Statement of Financial Position
31 May 2024
2024
2023
£
£
£
Fixed assets
971,759
701,406
---------
---------
Current assets
149,086
215,414
Creditors: amounts falling due within one year
967,019
759,070
---------
---------
Net current liabilities
( 817,933)
( 543,656)
---------
---------
Total assets less current liabilities
153,826
157,750
Creditors: amounts falling due after more than one year
-
3,899
Accruals and deferred income
7,522
6,586
---------
---------
146,304
147,265
---------
---------
Capital and reserves
146,304
147,265
---------
---------
Notes to the financial statements
1. Directors' advances, credits and guarantees
During the year there were no advances or credits to the Directors or no guarantees given by the Company on behalf of the Directors.
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions.
These financial statements were approved by the board of directors and authorised for issue on 25 February 2025 , and are signed on behalf of the board by:
Mr Gerard Martin McLernon
Director
Company registration number: NI624837
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 204 Staffordstown Road, Toomebridge, Co Antrim, BT41 3NY.