IRIS Accounts Production v24.3.2.46 09836590 Board of Directors Board of Directors 1.11.23 31.10.24 31.10.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh098365902023-10-31098365902024-10-31098365902023-11-012024-10-31098365902022-10-31098365902022-11-012023-10-31098365902023-10-3109836590ns15:EnglandWales2023-11-012024-10-3109836590ns14:PoundSterling2023-11-012024-10-3109836590ns10:Director12023-11-012024-10-3109836590ns10:Director22023-11-012024-10-3109836590ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3109836590ns10:SmallEntities2023-11-012024-10-3109836590ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3109836590ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3109836590ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3109836590ns10:FullAccounts2023-11-012024-10-3109836590ns10:CompanySecretary12023-11-012024-10-3109836590ns10:RegisteredOffice2023-11-012024-10-3109836590ns5:CurrentFinancialInstruments2024-10-3109836590ns5:CurrentFinancialInstruments2023-10-3109836590ns5:ShareCapital2024-10-3109836590ns5:ShareCapital2023-10-3109836590ns5:RetainedEarningsAccumulatedLosses2024-10-3109836590ns5:RetainedEarningsAccumulatedLosses2023-10-3109836590ns5:PlantMachinery2023-10-3109836590ns5:PlantMachinery2023-11-012024-10-3109836590ns5:PlantMachinery2024-10-3109836590ns5:PlantMachinery2023-10-31
REGISTERED NUMBER: 09836590 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

GTR Investments Limited

GTR Investments Limited (Registered number: 09836590)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


GTR Investments Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mr R Nagda
Mrs G Atsiaris





SECRETARY:





REGISTERED OFFICE: 92 Powys Lane
Palmers Green
London
N13 4HR





REGISTERED NUMBER: 09836590 (England and Wales)





ACCOUNTANTS: Lakis & Co
Accountants
92 Powys Lane
Palmers Green
London
N13 4HR

GTR Investments Limited (Registered number: 09836590)

Statement of Financial Position
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,510 2,430
Investment property 5 622,631 622,631
624,141 625,061

CURRENT ASSETS
Cash at bank 53,371 356,131

CREDITORS
Amounts falling due within one year 6 330,515 684,172
NET CURRENT LIABILITIES (277,144 ) (328,041 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

346,997

297,020

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 346,897 296,920
SHAREHOLDERS' FUNDS 346,997 297,020

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

GTR Investments Limited (Registered number: 09836590)

Statement of Financial Position - continued
31 October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 February 2025 and were signed on its behalf by:




Mr R Nagda - Director



Mrs G Atsiaris - Director


GTR Investments Limited (Registered number: 09836590)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

GTR Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

GTR Investments Limited (Registered number: 09836590)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 October 2024 9,208
DEPRECIATION
At 1 November 2023 6,778
Charge for year 920
At 31 October 2024 7,698
NET BOOK VALUE
At 31 October 2024 1,510
At 31 October 2023 2,430

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 622,631
NET BOOK VALUE
At 31 October 2024 622,631
At 31 October 2023 622,631

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Taxation and social security 13,236 11,778
Other creditors 317,279 672,394
330,515 684,172