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REGISTERED NUMBER: 08871154 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024

FOR

GAAMABASE LIMITED

GAAMABASE LIMITED (REGISTERED NUMBER: 08871154)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GAAMABASE LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024







DIRECTORS: Mr A Khan
Mrs J A Khan



REGISTERED OFFICE: 12 Victoria Road
Barnsley
South Yorkshire
S70 6AR



REGISTERED NUMBER: 08871154 (England and Wales)



ACCOUNTANTS: Gibson Booth Limited
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB



BANKERS: Handelsbanken
Unit G
First Floor
Bradmarsh Way
Rotherham
S60 1BP

GAAMABASE LIMITED (REGISTERED NUMBER: 08871154)

BALANCE SHEET
30 MARCH 2024

30.3.24 31.3.23
Notes £    £    £   
FIXED ASSETS
Investments 4 - 20
Investment property 5 299,725 299,725
299,725 299,745

CURRENT ASSETS
Debtors 6 317,280 306,785
Cash at bank 17,972 28,505
335,252 335,290
CREDITORS
Amounts falling due within one year 7 6,197 22,286
NET CURRENT ASSETS 329,055 313,004
TOTAL ASSETS LESS CURRENT LIABILITIES 628,780 612,749

CAPITAL AND RESERVES
Called up share capital 8 120 120
Retained earnings 628,660 612,629
SHAREHOLDERS' FUNDS 628,780 612,749

GAAMABASE LIMITED (REGISTERED NUMBER: 08871154)

BALANCE SHEET - continued
30 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 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.

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 for issue by the Board of Directors and authorised for issue on 12 May 2025 and were signed on its behalf by:





Mr A Khan - Director


GAAMABASE LIMITED (REGISTERED NUMBER: 08871154)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024

1. STATUTORY INFORMATION

Gaamabase 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

Significant judgements and estimates
The significant judgement and estimate used in the preparation of the financial statements is that the current carrying value of the investment property in the financial statements is an estimate by the directors. The directors believe the estimate is a reasonable representation of its actual market value. No independent valuation was obtained at the year end.

Turnover
Other operating income is recognised in the income statement in the period in which it relates.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment properties are initially recognised in the financial statements at historic cost. In subsequent years investment properties are measured at fair value at each reporting date, with changes in fair value recognised in the profit and loss.

Investments
Unlisted fixed asset investments are initially recognised at cost. Provision is made for any permanent diminution in value of unlisted investments.

3. EMPLOYEES AND DIRECTORS

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

GAAMABASE LIMITED (REGISTERED NUMBER: 08871154)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023 20
Disposals (20 )
At 30 March 2024 -
NET BOOK VALUE
At 30 March 2024 -
At 31 March 2023 20

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 30 March 2024 299,725
NET BOOK VALUE
At 30 March 2024 299,725
At 31 March 2023 299,725

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 31.3.23
£    £   
Other debtors 316,768 297,592
Directors' current accounts - 9,000
Called up share capital not paid 120 120
Prepayments and accrued income 392 73
317,280 306,785

GAAMABASE LIMITED (REGISTERED NUMBER: 08871154)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 31.3.23
£    £   
Corporation tax 4,770 754
Other creditors - 15,519
Accruals and deferred income 1,427 6,013
6,197 22,286

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.3.24 31.3.23
value: £    £   
60 A Ordinary 1 60 60
60 B Ordinary 1 60 60
120 120

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 March 2024 and the year ended 31 March 2023:

30.3.24 31.3.23
£    £   
Mr A Khan and Mrs J A Khan
Balance outstanding at start of period 9,000 124,789
Amounts advanced 24,000 138,000
Amounts repaid (33,000 ) (253,789 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 9,000

GAAMABASE LIMITED (REGISTERED NUMBER: 08871154)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024

10. RELATED PARTY DISCLOSURES

Transactions with entities under a common control

30.3.24 31.3.23
£ £
Amounts due from related parties 316,112 297,592
Amounts repaid to related parties - 19,0000
Amounts loaned to related parties 2,500 58,000
Amounts due to related parties - 15,518
Amounts reassigned 32,775 224,592