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Registered Number: 15283181
England and Wales

 

 

 

GCRL PROPERTIES LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 December 2023

End date: 30 November 2024
You consider that the company is exempt from an audit for the year ended 30 November 2024 . You have acknowledged, on the  Statement of Financial Position, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Income Statement, the Statement of Financial Position,  and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. 



....................................................
P K R Chowdhury M Com FFA FIPA FAIA
Chowdhury & Co, Financial Accountants
41 Highwood Gardens
Clayhall
Ilford
IG5 0AZ
23 April 2025
1
  2024
    £ £
Fixed assets   461,486 
Current assets 6,923   
Prepayments and accrued income 101   
Creditors: amount falling due within one year (185,049)  
Net current assets   (178,025)
Total assets less current liabilities   283,461 
Creditors: amount falling due after more than one year   (284,147)
Net assets   (686)
 

     
Capital and reserves   (686)
 
NOTES TO THE ACCOUNTS

General Information
GCRL PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 15283181, registration address 125 CALEDON ROAD, LONDON, E6 2HA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 15% Reducing Balance
2.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Investment properties   Total
  £   £   £
At 01 December 2023    
Additions 1,750    459,998    461,748 
Disposals    
At 30 November 2024 1,750    459,998    461,748 
Depreciation
At 01 December 2023    
Charge for year 262      262 
On disposals    
At 30 November 2024 262      262 
Net book values
Closing balance as at 30 November 2024 1,488    459,998    461,486 
Opening balance as at 01 December 2023    


3.

Average number of employees

Average number of employees during the year was 0.


For the year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 23 April 2025 and were signed on its behalf by:


--------------------------------
Gurpreet CHANDER
Director
2