Company Registration No. 12717524 (England and Wales)
GMMA Advisory Ltd
Unaudited accounts
for the year ended 31 July 2024
GMMA Advisory Ltd
Unaudited accounts
Contents
GMMA Advisory Ltd
Company Information
for the year ended 31 July 2024
Director
Gianclaudio Antonelli
Company Number
12717524 (England and Wales)
Registered Office
16 West Barnes Lane
London
SW20 0BU
GMMA Advisory Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
2,636
2,185
Cash at bank and in hand
38,105
30,520
Creditors: amounts falling due within one year
(14,333)
(21,694)
Net current assets
111,641
103,692
Net assets
114,277
105,877
Called up share capital
100
100
Profit and loss account
114,177
105,777
Shareholders' funds
114,277
105,877
For the year ending 31 July 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 16 April 2025 and were signed on its behalf by
Gianclaudio Antonelli
Director
Company Registration No. 12717524
GMMA Advisory Ltd
Notes to the Accounts
for the year ended 31 July 2024
GMMA Advisory Ltd is a private company, limited by shares, registered in England and Wales, registration number 12717524. The registered office is 16 West Barnes Lane, London, SW20 0BU.
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:
Computer equipment
3 years
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2023
-
3,032
3,032
At 31 July 2024
1,907
3,032
4,939
At 1 August 2023
-
847
847
Charge for the year
192
1,264
1,456
At 31 July 2024
192
2,111
2,303
At 31 July 2024
1,715
921
2,636
At 31 July 2023
-
2,185
2,185
GMMA Advisory Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
87,492
85,567
Accrued income and prepayments
170
9,068
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,007
18,394
Loans from directors
8,365
3,234
7
Transactions with related parties
GMMA Property Ltd was incorporated 17th May 2022 with Mr Gianclaudio Antonelli as it's sole director.
During the year GMMA Advisory Ltd loaned GMMA Property Ltd £87,493 ( 2023 :£85,567). Interest is charged on this loan at the HMRC beneficial loan rate for 2024 of 2.25%. The balance is repayable on demand.
During the year dividends of £12,000 were paid to Mr Gianclaudio Antonelli.
At 31 July 2024 the company owed Mr Gianclaudio Antonelli £8,365 (2023:£3,235).
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Average number of employees
During the year the average number of employees was 1 (2023: 1).