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REGISTERED NUMBER: 06490087 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

G. GEORGE ASSOCIATES LIMITED

G. GEORGE ASSOCIATES LIMITED (REGISTERED NUMBER: 06490087)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G. GEORGE ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 March 2025







DIRECTORS: P Onissiphorou
K Karki





SECRETARY: P Onissiphorou





REGISTERED OFFICE: 12 Gateway Mews
Ring Way
London
N11 2UT





REGISTERED NUMBER: 06490087 (England and Wales)





ACCOUNTANTS: G. George Associates Limited
Chartered Certified Accountants
12 Gateway Mews
Ring Way
London
N11 2UT

G. GEORGE ASSOCIATES LIMITED (REGISTERED NUMBER: 06490087)

BALANCE SHEET
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 45,000 60,000
Tangible assets 5 23,169 27,257
68,169 87,257

CURRENT ASSETS
Debtors 6 817,078 702,044
Cash at bank 193,684 163,510
1,010,762 865,554
CREDITORS
Amounts falling due within one year 7 152,225 135,864
NET CURRENT ASSETS 858,537 729,690
TOTAL ASSETS LESS CURRENT
LIABILITIES

926,706

816,947

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 926,406 816,647
SHAREHOLDERS' FUNDS 926,706 816,947

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

G. GEORGE ASSOCIATES LIMITED (REGISTERED NUMBER: 06490087)

BALANCE SHEET - continued
31 March 2025


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 by the Board of Directors and authorised for issue on 16 June 2025 and were signed on its behalf by:




P Onissiphorou - Director



K Karki - Director


G. GEORGE ASSOCIATES LIMITED (REGISTERED NUMBER: 06490087)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2025

1. STATUTORY INFORMATION

G. GEORGE ASSOCIATES 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.

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.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

G. GEORGE ASSOCIATES LIMITED (REGISTERED NUMBER: 06490087)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 300,000
AMORTISATION
At 1 April 2024 240,000
Charge for year 15,000
At 31 March 2025 255,000
NET BOOK VALUE
At 31 March 2025 45,000
At 31 March 2024 60,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 164,058
DEPRECIATION
At 1 April 2024 136,801
Charge for year 4,088
At 31 March 2025 140,889
NET BOOK VALUE
At 31 March 2025 23,169
At 31 March 2024 27,257

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 63,049 70,528
Other debtors 754,029 631,516
817,078 702,044

G. GEORGE ASSOCIATES LIMITED (REGISTERED NUMBER: 06490087)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 25,049 9,182
Taxation and social security 123,282 124,089
Other creditors 3,894 2,593
152,225 135,864