GRAVITA PROPERTY LTD

Company Registration Number:
09278548 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

GRAVITA PROPERTY LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

GRAVITA PROPERTY LTD

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 251,100 422,787
Gross profit(or loss): 251,100 422,787
Administrative expenses: ( 269,788 ) ( 1,049,578 )
Operating profit(or loss): (18,688) (626,791)
Profit(or loss) before tax: (18,688) (626,791)
Tax: ( 2,159 )
Profit(or loss) for the financial year: (18,688) (628,950)

GRAVITA PROPERTY LTD

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets: 3 0 1,898
Total fixed assets: 0 1,898
Current assets
Cash at bank and in hand: 3,128 28,021
Total current assets: 3,128 28,021
Prepayments and accrued income: 38,151 16,004
Net current assets (liabilities): 41,279 44,025
Total assets less current liabilities: 41,279 45,923
Creditors: amounts falling due after more than one year: 4 ( 597,988 ) ( 606,671 )
Provision for liabilities: ( 38,387 ) ( 15,660 )
Total net assets (liabilities): (595,096) (576,408)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (595,097 ) (576,409 )
Total Shareholders' funds: ( 595,096 ) (576,408)

The notes form part of these financial statements

GRAVITA PROPERTY LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 5 February 2025
and signed on behalf of the board by:

Name: Mohammed Nadar
Status: Director

The notes form part of these financial statements

GRAVITA PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GRAVITA PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

GRAVITA PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2024 7,803 7,803
Additions
Disposals
Revaluations
Transfers
At 31 December 2024 7,803 7,803
Amortisation
At 1 January 2024 5,905 5,905
Charge for year 1,898 1,898
On disposals
Other adjustments
At 31 December 2024 7,803 7,803
Net book value
At 31 December 2024 0 0
At 31 December 2023 1,898 1,898

GRAVITA PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 597,988 606,671
Total 597,988 606,671