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Company Registration No. 12269850 (England and Wales)
Gentas Properties Limited Unaudited accounts for the year ended 31 December 2024
Gentas Properties Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Gentas Properties Limited Company Information for the year ended 31 December 2024
Director
Ignas Sklerius
Company Number
12269850 (England and Wales)
Registered Office
Sanford House 81 Skipper Way Little Paxton, St. Neots Cambridgeshire PE19 6LT England
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Gentas Properties Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
4
20,526 
20,526 
Current assets
Debtors
5
816 
10,816 
Cash at bank and in hand
788 
12,592 
1,604 
23,408 
Creditors: amounts falling due within one year
6
(21,412)
(21,213)
Net current (liabilities)/assets
(19,808)
2,195 
Total assets less current liabilities
718 
22,721 
Creditors: amounts falling due after more than one year
7
(934)
(20,585)
Net (liabilities)/assets
(216)
2,136 
Capital and reserves
Called up share capital
8
5 
5 
Profit and loss account
(221)
2,131 
Shareholders' funds
(216)
2,136 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 September 2025 and were signed on its behalf by
Ignas Sklerius Director Company Registration No. 12269850
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Gentas Properties Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Gentas Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 12269850. The registered office is Sanford House, 81 Skipper Way, Little Paxton, St. Neots, Cambridgeshire, PE19 6LT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The director has confirmed that he will continue to give financial support to the company and considers that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result if the financial support were withdrawn.
4
Investment property
2024 
£ 
Fair value at 1 January 2024
20,526 
At 31 December 2024
20,526 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
9,926 
Accrued income and prepayments
758 
890 
Other debtors
58 
- 
816 
10,816 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
642 
Taxes and social security
- 
284 
Other creditors
599 
- 
Loans from directors
20,206 
19,996 
Accruals
607 
291 
21,412 
21,213 
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Gentas Properties Limited Notes to the Accounts for the year ended 31 December 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
934 
20,585 
A sinking fund has been established to cover significant future expenses, such as major repairs, maintenance or improvements to the property. During the year, £19,650 was utilised from the fund to cover repairs and maintenance fees. No new contributions were received in the year. At the balance sheet date, the sinking fund balance was £934 (2024: £20,585). These monies are held on behalf of the leaseholders and are not available for the general use of the company.
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
5 Ordinary shares of £1 each
5 
5 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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