GBN PROPERTIES LIMITED

Company Registration Number:
10321406 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

GBN PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

GBN PROPERTIES LIMITED

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Investments: 3 66 66
Total fixed assets: 66 66
Current assets
Debtors: 4 209,245 209,245
Cash at bank and in hand: 5,854 21,508
Total current assets: 215,099 230,753
Creditors: amounts falling due within one year: 5 (215,164) (230,665)
Net current assets (liabilities): (65) 88
Total assets less current liabilities: 1 154
Total net assets (liabilities): 1 154
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (99) 54
Shareholders funds: 1 154

The notes form part of these financial statements

GBN PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 May 2025
and signed on behalf of the board by:

Name: B Clarke
Status: Director

The notes form part of these financial statements

GBN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GBN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

GBN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Fixed investments

Investments held as fixed assets Shares in group and participating interests Cost at 01 September 2023 and 31 August 2024 - £66 Net book value at 31 August 2024 and 31 August 2023 - £66

GBN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

Debtors comprise of: Amounts owed by group undertakings and participating interests - £209,245 (2023 - £209,245)

GBN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

Amounts owed to group undertakings and undertakings in which the company has a participating interest - £66 (2023 - £66) Taxation and social security - £98 (2023 - £98) Other creditors - £215,000 (2023 - £230,501)