Company Registration No. 12401639 (England and Wales)
GNDJ HOSPITALITY LIMITED
Unaudited accounts
for the year ended 30 June 2024
GNDJ HOSPITALITY LIMITED
Unaudited accounts
Contents
GNDJ HOSPITALITY LIMITED
Company Information
for the year ended 30 June 2024
Company Number
12401639 (England and Wales)
Registered Office
8 Grand Drive
Southall
Middlesex
UB2 4UR
England
Accountants
Yousuf Associates Limited
192 Haydons Road
Wimbledon
London
SW19 8TR
GNDJ HOSPITALITY LIMITED
Statement of financial position
as at 30 June 2024
Intangible assets
27,075
27,075
Tangible assets
8,584
8,584
Cash at bank and in hand
425
16,423
Creditors: amounts falling due within one year
(40,591)
(67,994)
Net current liabilities
(40,166)
(42,726)
Net liabilities
(4,507)
(7,067)
Called up share capital
1
1
Profit and loss account
(4,508)
(7,068)
Shareholders' funds
(4,507)
(7,067)
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 March 2025 and were signed on its behalf by
Teerat Singh
Director
Company Registration No. 12401639
GNDJ HOSPITALITY LIMITED
Notes to the Accounts
for the year ended 30 June 2024
GNDJ HOSPITALITY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12401639. The registered office is 8 Grand Drive, , Southall, Middlesex, UB2 4UR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over the lease term
Plant & machinery
15% reducing balance
Intangible fixed assets - goodwill
Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value
of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost
less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite
useful life and is amortised on a systematic basis over its expected life, which is 20 years.
For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to
benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for
impairment at least annually, or more frequently when there is an indication that the unit may be impaired.
If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the
impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and
then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
GNDJ HOSPITALITY LIMITED
Notes to the Accounts
for the year ended 30 June 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 July 2023
4,800
6,093
10,893
At 30 June 2024
4,800
6,093
10,893
At 1 July 2023
618
1,691
2,309
At 30 June 2024
618
1,691
2,309
At 30 June 2024
4,182
4,402
8,584
At 30 June 2023
4,182
4,402
8,584
6
Creditors: amounts falling due within one year
2024
2023
Other creditors
40,591
67,994
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).