REGISTERED NUMBER: 08856896 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

GAW CAPITAL ADVISORS (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Gaw

K Gaw

A K H Lee

REGISTERED OFFICE:

St James' Hall

Mill Road

Lancing

West Sussex

BN15 0PT

REGISTERED NUMBER:

08856896 (England and Wales)

ACCOUNTANTS:

Peter Jarman LLP

trading as

Peter Jarman & Company

St James' Hall

Mill Road

Lancing

West Sussex

BN15 0PT

FIXED ASSETS

Tangible assets

4

78,393

95,004

CURRENT ASSETS

Debtors

5

798,539

1,171,107

Cash at bank and in hand

922,997

700,897

1,721,536

1,872,004

CREDITORS

Amounts falling due within one year

6

(869,383

)

(768,528

)

NET CURRENT ASSETS

852,153

1,103,476

TOTAL ASSETS LESS CURRENT LIABILITIES

930,546

1,198,480

PROVISIONS FOR LIABILITIES

7

(17,577

)

(21,269

)

NET ASSETS

912,969

1,177,211

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

912,968

1,177,210

SHAREHOLDERS' FUNDS

912,969

1,177,211

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

A K H Lee - Director

1.	STATUTORY INFORMATION

Gaw Capital Advisors (UK) 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.

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.

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.

Land and buildings

-

10% on cost

Plant and machinery etc

-

25% on reducing balance and 10% on cost

Taxation

Taxation for the year 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 year 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

9,159

209,471

218,630

Additions

-

3,864

3,864

At 31 December 2024

9,159

213,335

222,494

DEPRECIATION

At 1 January 2024

4,580

119,046

123,626

Charge for year

916

19,559

20,475

At 31 December 2024

5,496

138,605

144,101

NET BOOK VALUE

At 31 December 2024

3,663

74,730

78,393

At 31 December 2023

4,579

90,425

95,004

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

595,001

1,043,755

Other debtors

203,538

127,352

798,539

1,171,107

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

9,150

5,453

Amounts owed to group undertakings

704,781

567,643

Taxation and social security

147,436

187,884

Other creditors

8,016

7,548

869,383

768,528

7.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

17,577

21,269

Deferred

tax

£

Balance at 1 January 2024

21,269

Capital allowances in advance

(3,692

)

of depreciation

Balance at 31 December 2024

17,577

8.	RELATED PARTY DISCLOSURES

During the year the company charged fees of £Nil (2023: £Nil) to GC Advisors Holdings Limited, a Cayman company that C Gaw, K Gaw and A K H Lee are also directors of. As at the start of the year, there was an amount of £567,643 due from the company to GC Advisors Holdings Limited and as at the end of the year there was an amount of £704,781 due from the company to GC Advisors Holdings Limited.

During the year the company charged net fees of £831,694 (2023: £807,910) to Elizabeth Bridge Unit Trust, a Jersey Property Unit Trust that K Gaw and A K H Lee are directors of the controlling company. As at the start of the year, there was an amount of £451,867 due to the company from Elizabeth Bridge Unit Trust and as at the end of the year there was an amount of £251,002 due to the company from Elizabeth Bridge Unit Trust.

During the year the company charged net fees of £685,256 (2023: £683,379) to GC123 BPR Limited, a British Virgin Islands company that K Gaw and A K H Lee are directors of the controlling company. As at the start of the year, there was an amount of £414,342 due to the company from GC123 BPR Limited and as at the end of the year there was an amount of £206,331 due to the company from GC123 BPR Limited.

During the year the company charged net fees of £454,850 (2023: £452,334) to Bridge Summit Unit Trust, a Jersey Property Unit Trust that K Gaw and A K H Lee are directors of the controlling company. As at the start of the year, there was an amount of £177,546 due to the company from Bridge Summit Unit Trust and as at the end of the year there was an amount of £137,181 due to the company from Bridge Summit Unit Trust.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr G Gaw & Mr K Gaw.