REGISTERED NUMBER: 13871033 (England and Wales)

Unaudited Financial Statements

for the Period 1 January 2024 to 31 October 2024

for

Gg-527-028 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C M Yotov

Mrs A M Yotov

REGISTERED OFFICE:

The Long Barn Cobham Park Road

Downside

Cobham

KT11 3NE

REGISTERED NUMBER:

13871033 (England and Wales)

ACCOUNTANTS:

AccountLets

Coveham House

Downside Bridge Road

Cobham

Surrey

KT11 3EP

FIXED ASSETS

Tangible assets

4

4,658

2,535

Investment property

5

930,000

930,000

934,658

932,535

CURRENT ASSETS

Debtors

6

9,406

9,057

Cash at bank

7,725

2,689

17,131

11,746

CREDITORS

Amounts falling due within one year

7

242,434

243,669

NET CURRENT LIABILITIES

(225,303

)

(231,923

)

TOTAL ASSETS LESS CURRENT LIABILITIES

709,355

700,612

CREDITORS

Amounts falling due after more than one year

8

741,995

741,995

NET LIABILITIES

(32,640

)

(41,383

)

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

(35,000

)

(35,000

)

Retained earnings

2,260

(6,483

)

(32,640

)

(41,383

)

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 12 September 2025 and were signed on its behalf by:

C M Yotov - Director

1.	STATUTORY INFORMATION

Gg-527-028 Limited 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

50% on reducing balance

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

5,070

Additions

5,450

At 31 October 2024

10,520

DEPRECIATION

At 1 January 2024

2,535

Charge for period

3,327

At 31 October 2024

5,862

NET BOOK VALUE

At 31 October 2024

4,658

At 31 December 2023

2,535

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 October 2024

930,000

NET BOOK VALUE

At 31 October 2024

930,000

At 31 December 2023

930,000

Fair value at 31 October 2024 is represented by:

£

Valuation in 2023

(35,000

)

Cost

965,000

930,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.12.23

£

£

Other debtors

9,406

9,057

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.12.23

£

£

Trade creditors

(6

)

-

Other creditors

242,440

243,669

242,434

243,669

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.24

31.12.23

£

£

Other creditors

741,995

741,995

9.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 October 2024

(35,000

)