Company registration number 14981292 (England and Wales)
GAMACA PROJECTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024
PAGES FOR FILING WITH REGISTRAR
GAMACA PROJECTS LIMITED
COMPANY INFORMATION
Director
Mr G T Rutter
(Appointed 5 July 2023)
Company number
14981292
Registered office
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
Lloyds Bank Plc
PO Box 1000
BX1 1LT
GAMACA PROJECTS LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 4
GAMACA PROJECTS LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF GAMACA PROJECTS LIMITED FOR THE PERIOD ENDED 31 JULY 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Gamaca Projects Limited for the period ended 31 July 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of Gamaca Projects Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Gamaca Projects Limited and state those matters that we have agreed to state to the board of directors of Gamaca Projects Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gamaca Projects Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Gamaca Projects Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Gamaca Projects Limited. You consider that Gamaca Projects Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Gamaca Projects Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ormerod Rutter Limited
19 March 2025
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
GAMACA PROJECTS LIMITED
BALANCE SHEET
AS AT 31 JULY 2024
31 July 2024
- 2 -
2024
Notes
£
£
Fixed assets
Investment property
3
284,621
Current assets
Debtors
4
274
Cash at bank and in hand
1,369
1,643
Creditors: amounts falling due within one year
5
(295,909)
Net current liabilities
(294,266)
Net liabilities
(9,645)
Capital and reserves
Called up share capital
6
200
Profit and loss reserves
(9,845)
Total equity
(9,645)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 19 March 2025
Mr G T Rutter
Director
Company registration number 14981292 (England and Wales)
GAMACA PROJECTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024
- 3 -
1
Accounting policies
Company information

Gamaca Projects Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Oakley, Kidderminster Road, Droitwich, Worcestershire, WR9 9AY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements have been drawn up on the going concern basis. If the going concern basis were not appropriate, adjustments would have been made to reduce assets to recoverable amounts, to provide for any further liabilities that might arise, and to re-classify fixed assets as current assets and long term liabilities as current liabilities.

1.3
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

1.4
Leases

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
Number
Total
1
3
Investment property
2024
£
Fair value
At 5 July 2023
-
0
Additions
284,621
At 31 July 2024
284,621
GAMACA PROJECTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 JULY 2024
3
Investment property
(Continued)
- 4 -

The director has assessed the market value of the property and considers that there has been no significant change in the fair value at the period end.

4
Debtors
2024
Amounts falling due within one year:
£
Other debtors
274
5
Creditors: amounts falling due within one year
2024
£
Other creditors
295,909
6
Called up share capital
2024
2024
Ordinary share capital
Number
£
Issued and fully paid
50 Ordinary A shares of £1 each of £1 each
50
50
50 Ordinary B shares of £1 each of £1 each
50
50
50 Ordinary C shares of £1 each of £1 each
50
50
50 Ordinary D shares of £1 each of £1 each
50
50
200
200

50 Ordinary A shares, 50 Ordinary B shares, 50 Ordinary C shares and 50 Ordinary D shares were allotted and fully paid for cash at par during the period.

7
Ultimate controlling party

The ultimate controlling party is Mr G T Rutter

8
Comparitives

This is the first period of trade and therefore there are no comparatives.

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