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REGISTERED NUMBER: 10821844 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

GB Holding Private Limited

GB Holding Private Limited (Registered number: 10821844)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GB Holding Private Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs R Sahni
Mr N Sahni





REGISTERED OFFICE: 27a North Gate
Prince Albert Road
London
NW8 7EG





REGISTERED NUMBER: 10821844 (England and Wales)





ACCOUNTANTS: St Martins Accountants Limited
44 Stoke Lane
Westbury on Trym
Bristol
BS9 3DN

GB Holding Private Limited (Registered number: 10821844)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 100,000 100,000

CURRENT ASSETS
Debtors 5 2,076,086 2,077,274
Cash at bank 518 68,640
2,076,604 2,145,914
CREDITORS
Amounts falling due within one year 6 50,989 117,852
NET CURRENT ASSETS 2,025,615 2,028,062
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,125,615

2,128,062

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,125,515 2,127,962
SHAREHOLDERS' FUNDS 2,125,615 2,128,062

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 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.

GB Holding Private Limited (Registered number: 10821844)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:





Mr N Sahni - Director


GB Holding Private Limited (Registered number: 10821844)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

GB Holding Private 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

GB Holding Private Limited (Registered number: 10821844)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. FIXED ASSET INVESTMENTS
Interest
in other
participating
interests
£   
COST
At 1 July 2023
and 30 June 2024 100,000
NET BOOK VALUE
At 30 June 2024 100,000
At 30 June 2023 100,000

The Company owns 10% of the issued share capital of Mera International Limited, registration number 10941963.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Amounts owed by participating interests 2,070,306 2,071,494
Other debtors 5,780 5,780
2,076,086 2,077,274

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors - 1
Other creditors 50,989 117,851
50,989 117,852

7. RELATED PARTY DISCLOSURES

The director's have provided a loan to the company. The loan is interest free. The loan is repayable on demand. At the balance sheet date, the amount due to the directors was £49,885 (2023: £116,734). This loan is included within other creditors.

Debtors:

During the year the company provided a loan to Wildernesse Mount Pte Limited, a company registered In Singapore and owned by Mr N Sahni and Mrs R Sahni. The loan is interest free. The loan is repayable on demand. At the balance sheet date, the loan debtor was £2,070,306 (2023: £1,307,600).