Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-3012023-10-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10401787 2023-10-01 2024-09-30 10401787 2022-10-01 2023-09-30 10401787 2024-09-30 10401787 2023-09-30 10401787 c:Director1 2023-10-01 2024-09-30 10401787 d:MotorVehicles 2023-10-01 2024-09-30 10401787 d:MotorVehicles 2024-09-30 10401787 d:MotorVehicles 2023-09-30 10401787 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10401787 d:ComputerEquipment 2023-10-01 2024-09-30 10401787 d:ComputerEquipment 2024-09-30 10401787 d:ComputerEquipment 2023-09-30 10401787 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10401787 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10401787 d:CurrentFinancialInstruments 2024-09-30 10401787 d:CurrentFinancialInstruments 2023-09-30 10401787 d:Non-currentFinancialInstruments 2024-09-30 10401787 d:Non-currentFinancialInstruments 2023-09-30 10401787 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 10401787 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 10401787 d:ShareCapital 2024-09-30 10401787 d:ShareCapital 2023-09-30 10401787 d:RetainedEarningsAccumulatedLosses 2024-09-30 10401787 d:RetainedEarningsAccumulatedLosses 2023-09-30 10401787 c:FRS102 2023-10-01 2024-09-30 10401787 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10401787 c:FullAccounts 2023-10-01 2024-09-30 10401787 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10401787 2 2023-10-01 2024-09-30 10401787 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 10401787









GG CAPITAL MANAGEMENT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
GG CAPITAL MANAGEMENT LIMITED
REGISTERED NUMBER: 10401787

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
107,098
10,346

Investments
 5 
451,684
396,080

  
558,782
406,426

Current assets
  

Debtors: amounts falling due after more than one year
 6 
1,119,851
1,041,743

Cash at bank and in hand
 7 
17,835
75,905

  
1,137,686
1,117,648

Creditors: amounts falling due within one year
 8 
(1,494,111)
(1,452,349)

Net current liabilities
  
 
 
(356,425)
 
 
(334,701)

Total assets less current liabilities
  
202,357
71,725

  

Net assets
  
202,357
71,725


Capital and reserves
  

Called up share capital 
  
104
104

Profit and loss account
  
202,253
71,621

  
202,357
71,725


Page 1

 
GG CAPITAL MANAGEMENT LIMITED
REGISTERED NUMBER: 10401787
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider 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 directors acknowledge their 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 income and retained earnings 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 by: 




................................................
M Gladstone
Director

Date: 23 June 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
GG CAPITAL MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

GG Capital Management Limited is a private company limited by shares, incorporated in England and Wales and its registered office is Aston House, Cornwall Avenue, London, N3 1LF. 

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss 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.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
GG CAPITAL MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.7

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
reducing balance
Computer equipment
-
25%
reducing balance

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.

 
2.8

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.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are
Page 4

 
GG CAPITAL MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.10
Financial instruments (continued)

initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 1).


4.


Tangible fixed assets





Motor vehicles
Computer equipment
Total

£
£
£



Cost or valuation


At 1 October 2023
-
12,780
12,780


Additions
127,828
-
127,828



At 30 September 2024

127,828
12,780
140,608



Depreciation


At 1 October 2023
-
2,434
2,434


Charge for the year on owned assets
28,489
2,587
31,076



At 30 September 2024

28,489
5,021
33,510



Net book value



At 30 September 2024
99,339
7,759
107,098



At 30 September 2023
-
10,346
10,346

Page 5

 
GG CAPITAL MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 October 2023
396,080


Additions
11,914


Revaluations
43,690



At 30 September 2024
451,684




6.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
1,119,851
1,041,743



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
17,835
75,905

Less: bank overdrafts
-
(4,916)

17,835
70,989



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
-
4,916

Corporation tax
4,825
2,389

Other creditors
1,488,071
1,443,829

Accruals and deferred income
1,215
1,215

1,494,111
1,452,349


 
Page 6