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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
Page
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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
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GMMA Advisory Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,636 
2,185 
Current assets
Debtors
87,869 
94,866 
Cash at bank and in hand
38,105 
30,520 
125,974 
125,386 
Creditors: amounts falling due within one year
(14,333)
(21,694)
Net current assets
111,641 
103,692 
Net assets
114,277 
105,877 
Capital and reserves
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
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GMMA Advisory Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Additions
1,907 
- 
1,907 
At 31 July 2024
1,907 
3,032 
4,939 
Depreciation
At 1 August 2023
- 
847 
847 
Charge for the year
192 
1,264 
1,456 
At 31 July 2024
192 
2,111 
2,303 
Net book value
At 31 July 2024
1,715 
921 
2,636 
At 31 July 2023
- 
2,185 
2,185 
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GMMA Advisory Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
207 
231 
Amounts due from group undertakings etc.
87,492 
85,567 
Accrued income and prepayments
170 
9,068 
87,869 
94,866 
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 
Accruals
961 
66 
14,333 
21,694 
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).
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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