REGISTERED NUMBER: |
Financial Statements |
for the Period |
7 October 2023 to 31 October 2024 |
for |
GD PROPERTY DEVELOPMENTS LTD |
REGISTERED NUMBER: |
Financial Statements |
for the Period |
7 October 2023 to 31 October 2024 |
for |
GD PROPERTY DEVELOPMENTS LTD |
GD PROPERTY DEVELOPMENTS LTD (REGISTERED NUMBER: 15194683) |
Contents of the Financial Statements |
for the Period 7 October 2023 to 31 October 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
GD PROPERTY DEVELOPMENTS LTD |
Company Information |
for the Period 7 October 2023 to 31 October 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
42 Lytton Road |
Barnet |
Hertfordshire |
EN5 5BY |
GD PROPERTY DEVELOPMENTS LTD (REGISTERED NUMBER: 15194683) |
Balance Sheet |
31 October 2024 |
Notes | £ |
CURRENT ASSETS |
Stocks | 4 |
Debtors | 5 |
Investments | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The director acknowledges his 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. |
The financial statements were approved by the director and authorised for issue on |
GD PROPERTY DEVELOPMENTS LTD (REGISTERED NUMBER: 15194683) |
Notes to the Financial Statements |
for the Period 7 October 2023 to 31 October 2024 |
1. | STATUTORY INFORMATION |
GD Property Developments Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
Taxation |
Taxation for the period 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 period 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | STOCKS |
£ |
Work-in-progress |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Directors' current accounts | 100 |
GD PROPERTY DEVELOPMENTS LTD (REGISTERED NUMBER: 15194683) |
Notes to the Financial Statements - continued |
for the Period 7 October 2023 to 31 October 2024 |
6. | CURRENT ASSET INVESTMENTS |
£ |
Unlisted investments | 15 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Amounts owed to group undertakings |
Other creditors |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
A Ordinary | £1 | 100 |
100 A Ordinary shares of £1 were issued during the period |
9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the period ended 31 October 2024: |
£ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid |
Amounts written off | - |
Amounts waived | - |
Balance outstanding at end of period |
As at balance sheet date, included in debtors due within one year is £100 due from the directors. The amount was fully repaid within 9 months of the balance sheet date. |
10. | RELATED PARTY DISCLOSURES |
As at Balance sheet date included in Creditors the company owe an amount of £435,069 to the Homemead Construction Ltd. |