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Company Registration No. 07937964 (England and Wales)
GADD PROPERTIES (SOUTH WEST) LIMITED Unaudited accounts for the year ended 30 September 2024
GADD PROPERTIES (SOUTH WEST) LIMITED Unaudited accounts Contents
Page
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GADD PROPERTIES (SOUTH WEST) LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
1,793,489 
2,452,727 
Debtors
89,698 
130,904 
Cash at bank and in hand
214,233 
13,412 
2,097,420 
2,597,043 
Creditors: amounts falling due within one year
(1,789,673)
(1,637,729)
Net current assets
307,747 
959,314 
Total assets less current liabilities
307,747 
959,314 
Creditors: amounts falling due after more than one year
(100,000)
(700,000)
Net assets
207,747 
259,314 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
207,647 
259,214 
Shareholders' funds
207,747 
259,314 
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by
Bradley Ford Director Company Registration No. 07937964
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GADD PROPERTIES (SOUTH WEST) LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
GADD PROPERTIES (SOUTH WEST) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07937964. The registered office is ASH LODGE, BINDON ROAD, TAUNTON, TA2 6BJ, 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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
5,921 
6,008 
Trade debtors
200 
200 
Amounts due from group undertakings etc.
- 
66,548 
Other debtors
28,148 
28,148 
34,269 
100,904 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
55,429 
30,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
133 
Other creditors
1,659,999 
1,534,003 
Accruals
129,674 
103,593 
1,789,673 
1,637,729 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
100,000 
- 
Other creditors
- 
700,000 
100,000 
700,000 
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GADD PROPERTIES (SOUTH WEST) LIMITED Notes to the Accounts for the year ended 30 September 2024
7
Controlling party
Gadd Properties (South West) Ltd is a wholly owned subsidiary of Landford Enterprises Ltd a company registered in England and Wales with company registration number 14082376.
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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