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REGISTERED NUMBER: 09066848 (England and Wales)



















GBURGESS HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






GBURGESS HOLDINGS LIMITED (REGISTERED NUMBER: 09066848)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


GBURGESS HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mr G Burgess





SECRETARY: Mr G Burgess





REGISTERED OFFICE: 81 Burton Road
Derby
Derbyshire
DE1 1TJ





REGISTERED NUMBER: 09066848 (England and Wales)





ACCOUNTANTS: Johnson Tidsall Limited
Chartered Accountants
81 Burton Road
Derby
Derbyshire
DE1 1TJ

GBURGESS HOLDINGS LIMITED (REGISTERED NUMBER: 09066848)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 - 16,061
Investment property 5 574,000 563,000
574,000 579,061

CURRENT ASSETS
Investments 6 1,000,000 -
Cash at bank 371,724 29,230
1,371,724 29,230
CREDITORS
Amounts falling due within one year 7 1,760,398 291,862
NET CURRENT LIABILITIES (388,674 ) (262,632 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

185,326

316,429

CREDITORS
Amounts falling due after more than one
year

8

-

(164,225

)

PROVISIONS FOR LIABILITIES (26,226 ) (24,136 )
NET ASSETS 159,100 128,068

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 111,805 102,895
Retained earnings 47,195 25,073
SHAREHOLDERS' FUNDS 159,100 128,068

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

GBURGESS HOLDINGS LIMITED (REGISTERED NUMBER: 09066848)

BALANCE SHEET - continued
30 JUNE 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 March 2025 and were signed by:





Mr G Burgess - Director


GBURGESS HOLDINGS LIMITED (REGISTERED NUMBER: 09066848)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

GBurgess Holdings 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.

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 as modified by the revaluation of certain assets.

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

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Gold 18,255 16,061
Disposals (18,255 ) -
- 16,061

GBURGESS HOLDINGS LIMITED (REGISTERED NUMBER: 09066848)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 563,000
Revaluations 11,000
At 30 June 2024 574,000
NET BOOK VALUE
At 30 June 2024 574,000
At 30 June 2023 563,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2024 138,031
Cost 435,969
574,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 435,969 435,969

The investment properties were valued on a fair value basis on 30 June 2024 by the director .

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments 1,000,000 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 170,646 6,420
Corporation tax 6,406 5,988
Other creditors - 230,500
Directors' current accounts 1,581,463 47,290
Accruals and deferred income 1,883 1,664
1,760,398 291,862

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years - 6,420
Bank loans - 2-5 years - 19,260
Bank loans >5 yr (instalments) - 138,545
- 164,225

GBURGESS HOLDINGS LIMITED (REGISTERED NUMBER: 09066848)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans >5 yr (instalments) - 138,545

9. RESERVES
Fair
value
reserve
£   
At 1 July 2023 102,895
Transfer 11,000
Deferred tax adjustment on
revalued assets (2,090 )

At 30 June 2024 111,805

10. RELATED PARTY DISCLOSURES

At the year end a total of £1,581,463 (2023: £47,290) was owed to the director of the company. No interest has been charged on this loan.