Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312025-05-29false2023-09-01That of a restaurant and bar33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08932977 2023-09-01 2024-08-31 08932977 2022-09-01 2023-08-31 08932977 2024-08-31 08932977 2023-08-31 08932977 c:Director1 2023-09-01 2024-08-31 08932977 d:Buildings 2023-09-01 2024-08-31 08932977 d:Buildings 2024-08-31 08932977 d:Buildings 2023-08-31 08932977 d:Buildings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 08932977 d:FurnitureFittings 2023-09-01 2024-08-31 08932977 d:FurnitureFittings 2024-08-31 08932977 d:FurnitureFittings 2023-08-31 08932977 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 08932977 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 08932977 d:CurrentFinancialInstruments 2024-08-31 08932977 d:CurrentFinancialInstruments 2023-08-31 08932977 d:Non-currentFinancialInstruments 2024-08-31 08932977 d:Non-currentFinancialInstruments 2023-08-31 08932977 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 08932977 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 08932977 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 08932977 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 08932977 d:ShareCapital 2024-08-31 08932977 d:ShareCapital 2023-08-31 08932977 d:RetainedEarningsAccumulatedLosses 2024-08-31 08932977 d:RetainedEarningsAccumulatedLosses 2023-08-31 08932977 c:OrdinaryShareClass1 2023-09-01 2024-08-31 08932977 c:OrdinaryShareClass1 2024-08-31 08932977 c:OrdinaryShareClass2 2023-09-01 2024-08-31 08932977 c:OrdinaryShareClass2 2024-08-31 08932977 c:FRS102 2023-09-01 2024-08-31 08932977 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08932977 c:FullAccounts 2023-09-01 2024-08-31 08932977 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08932977 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08932977









GREATER THAN GATSBY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
GREATER THAN GATSBY LIMITED
REGISTERED NUMBER: 08932977

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,959
8,363

Current assets
  

Stocks
 5 
1,000
1,000

Debtors: amounts falling due within one year
 6 
97,100
97,100

Cash at bank and in hand
 7 
12,219
20,260

  
110,319
118,360

Creditors: amounts falling due within one year
 8 
(3,022)
(2,475)

Net current assets
  
 
 
107,297
 
 
115,885

Total assets less current liabilities
  
113,256
124,248

Creditors: amounts falling due after more than one year
 9 
(296,036)
(295,401)

  

Net liabilities
  
(182,780)
(171,153)


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
(182,880)
(171,253)

  
(182,780)
(171,153)


Page 1

 
GREATER THAN GATSBY LIMITED
REGISTERED NUMBER: 08932977
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf 29 May 2025.



A Marshall
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
GREATER THAN GATSBY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Greater Than Gatsby Limited is a private company limited by shares and incorporated in England and Wales. The registered office address of the company is 201-203 High Street, Bromley, Kent, BR1 1NY. The principal activity during the year has been that of a restaurant, bar and radio station.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company's day to day working capital requirements are met by loans from fellow subsidiaries of the Marshall Investment Group Limited. The director has received assurance that this support will continue for the foreseeable future.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to the Statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
GREATER THAN GATSBY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Property improvements
-
15% straight line
Fixtures, fittings and equipment
-
15% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Stocks

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Statement of comprehensive income.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Page 4

 
GREATER THAN GATSBY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 5

 
GREATER THAN GATSBY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Tangible fixed assets





Freehold property
Fixtures, fittings and equipment
Total

£
£
£



Cost or valuation


At 1 September 2023
36,101
55,479
91,580



At 31 August 2024

36,101
55,479
91,580



Depreciation


At 1 September 2023
36,101
47,116
83,217


Charge for the year on owned assets
-
2,404
2,404



At 31 August 2024

36,101
49,520
85,621



Net book value



At 31 August 2024
-
5,959
5,959



At 31 August 2023
-
8,363
8,363


5.


Stocks

2024
2023
£
£

Consumables
1,000
1,000



6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
97,100
97,100

97,100
97,100


Page 6

 
GREATER THAN GATSBY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
12,219
20,260



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
406
-

Other creditors
17
-

Accruals and deferred income
2,599
2,475

3,022
2,475



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Amounts owed to group undertakings
296,036
295,401

296,036
295,401



10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



75 A Ordinary shares of £1 each
75
75
25 B Ordinary shares of £1 each
25
25

100

100



11.


Controlling party

The company is a wholly owned subsidiary of Marhsall Investment Group Limited, a company incorporated in England and Wales.

 
Page 7