Company registration number 14279259 (England and Wales)
GCM HOMES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
GCM HOMES LTD
BALANCE SHEET
AS AT
31 AUGUST 2024
31 August 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
1,231,243
998,475
Current assets
65,870
448,969
Creditors: amounts falling due within one year
(1,275,882)
(1,443,820)
Net current liabilities
(1,210,012)
(994,851)
Total assets less current liabilities
21,231
3,624
Accruals and deferred income
(3,180)
(1,860)
Net assets
18,051
1,764
Capital and reserves
18,051
1,764
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
Advances to the Director

During the year £174,073 was advanced to the director. The balance owed to the director at the beginning of the year was £1,442,253 and at the end of the year was £1,268,180 This loan is interest free, unsecured and has no repayment terms.

2
Employees

The average number of persons, including directors, employed by the company during the YEAR was as follows:

2024
2023
Number
Number
Employees
1
1

GCM Homes Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Shire Cottage, Doddiscombsleigh, EXETER, Devon, EX6 7RF.

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

The directors acknowledge their 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 YEAR in question in accordance with section 476.

GCM HOMES LTD
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2024
31 August 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the board of directors and authorised for issue on 25 April 2025 and are signed on its behalf by:
Mr Charlie Evans
Director
Company registration number 14279259 (England and Wales)
GCM HOMES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
- 3 -
1
Investment property
2024
2023
£
£
Cost
1,003,492
-
Additions
-
1,003,492
Accumulated depreciation
(24,987)
(5,017)
Carrying amount
978,505
998,475
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