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Company Registration No. 11897571 (England and Wales)
Great Minster House Limited Unaudited accounts for the year ended 31 March 2024
Great Minster House Limited Unaudited accounts Contents
Page
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Great Minster House Limited Company Information for the year ended 31 March 2024
Director
Aimar Natheer
Company Number
11897571 (England and Wales)
Registered Office
Shipleys Tax Chartered Accountants 33 Manor Row Bradford West Yorkshire BD1 4PS England
Accountants
Shipleys Tax - Chartered Accountants 32 Park Cross Street Leeds West Yorkshire LS1 2QH
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Great Minster House Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
6,089,596 
3,570,057 
Debtors
1,033,250 
630,573 
Cash at bank and in hand
33,127 
160 
7,155,973 
4,200,790 
Creditors: amounts falling due within one year
(598,153)
(532,610)
Net current assets
6,557,820 
3,668,180 
Total assets less current liabilities
6,557,820 
3,668,180 
Creditors: amounts falling due after more than one year
(7,502,576)
(4,217,660)
Net liabilities
(944,756)
(549,480)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(944,856)
(549,580)
Shareholders' funds
(944,756)
(549,480)
For the year ending 31 March 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 25 April 2025 and were signed on its behalf by
Aimar Natheer Director Company Registration No. 11897571
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Great Minster House Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Great Minster House Limited is a private company, limited by shares, registered in England and Wales, registration number 11897571. The registered office is Shipleys Tax Chartered Accountants, 33 Manor Row, Bradford, West Yorkshire, BD1 4PS, England.
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.
Going concern
These financial statements are prepared on the going concern basis. The director has a reasonable expectation that the company will continue in operational existence for the foreseeable future
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
55,725 
57,863 
Trade debtors
8,400 
- 
Amounts due from group undertakings etc.
951,919 
552,342 
Accrued income and prepayments
17,206 
20,368 
1,033,250 
630,573 
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Great Minster House Limited Notes to the Accounts for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
614,033 
447,339 
Amounts owed to group undertakings and other participating interests
(18,880)
66,391 
Other creditors
- 
14,280 
Accruals
3,000 
4,600 
598,153 
532,610 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
25,833 
22,500 
Other creditors
7,476,743 
4,195,160 
7,502,576 
4,217,660 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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