IRIS Accounts Production v25.1.4.42 12753598 director 1.8.23 31.7.24 31.7.24 0 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh127535982023-07-31127535982024-07-31127535982023-08-012024-07-31127535982022-07-31127535982022-08-012023-07-31127535982023-07-3112753598ns15:EnglandWales2023-08-012024-07-3112753598ns14:PoundSterling2023-08-012024-07-3112753598ns10:Director12023-08-012024-07-3112753598ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3112753598ns10:SmallEntities2023-08-012024-07-3112753598ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3112753598ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3112753598ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3112753598ns10:FullAccounts2023-08-012024-07-3112753598ns10:OrdinaryShareClass12023-08-012024-07-3112753598ns10:RegisteredOffice2023-08-012024-07-3112753598ns5:CurrentFinancialInstruments2024-07-3112753598ns5:CurrentFinancialInstruments2023-07-3112753598ns5:Non-currentFinancialInstruments2024-07-3112753598ns5:Non-currentFinancialInstruments2023-07-3112753598ns5:ShareCapital2024-07-3112753598ns5:ShareCapital2023-07-3112753598ns5:RetainedEarningsAccumulatedLosses2024-07-3112753598ns5:RetainedEarningsAccumulatedLosses2023-07-3112753598ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-07-3112753598ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-07-3112753598ns5:Secured2024-07-3112753598ns5:Secured2023-07-3112753598ns10:OrdinaryShareClass12024-07-3112753598ns5:RetainedEarningsAccumulatedLosses2023-07-3112753598ns5:RetainedEarningsAccumulatedLosses2023-08-012024-07-31
REGISTERED NUMBER: 12753598 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

700GARRAT LTD

700GARRAT LTD (REGISTERED NUMBER: 12753598)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


700GARRAT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: E A Babad





REGISTERED OFFICE: 4th Floor Sutherland House
70 - 78 West Hendon Broadway
Hendon
London
NW9 7BT





REGISTERED NUMBER: 12753598 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

700GARRAT LTD (REGISTERED NUMBER: 12753598)

STATEMENT OF FINANCIAL POSITION
31 JULY 2024

31.7.24 31.7.23
Notes £    £   
FIXED ASSETS
Investment property 4 5,000 730,229

CURRENT ASSETS
Debtors 5 696,931 -

CREDITORS
Amounts falling due within one year 6 (178,243 ) (452,605 )
NET CURRENT ASSETS/(LIABILITIES) 518,688 (452,605 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

523,688

277,624

CREDITORS
Amounts falling due after more than one
year

7

-

(320,500

)
NET ASSETS/(LIABILITIES) 523,688 (42,876 )

CAPITAL AND RESERVES
Called up share capital 10 150 150
Retained earnings 11 523,538 (43,026 )
SHAREHOLDERS' FUNDS 523,688 (42,876 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

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 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 director and authorised for issue on 11 August 2025 and were signed by:




E A Babad - Director


700GARRAT LTD (REGISTERED NUMBER: 12753598)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

700GARRAT LTD 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023 730,229
Additions 8,400
Disposals (733,629 )
At 31 July 2024 5,000
NET BOOK VALUE
At 31 July 2024 5,000
At 31 July 2023 730,229

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 696,931 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other creditors 176,141 450,683
Directors' current accounts 602 602
Accrued expenses 1,500 1,320
178,243 452,605

700GARRAT LTD (REGISTERED NUMBER: 12753598)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans (see note 8) - 320,500

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst - 320,500

8. LOANS

An analysis of the maturity of loans is given below:

31.7.24 31.7.23
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst - 320,500

9. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.7.23
£    £   
Bank loans - 320,500

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
150 Ordinary £1 150 150

11. RESERVES
Retained
earnings
£   

At 1 August 2023 (43,026 )
Profit for the year 566,564
At 31 July 2024 523,538

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is E A Babad.