REGISTERED NUMBER: 02313338 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Gill Brothers Properties Limited

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

CURRENT ASSETS

Debtors

5

284,128

284,428

Cash at bank

62,625

62,625

346,753

347,053

CREDITORS

Amounts falling due within one year

6

69,138

69,138

NET CURRENT ASSETS

277,615

277,915

TOTAL ASSETS LESS CURRENT LIABILITIES

277,615

277,915

CAPITAL AND RESERVES

Called up share capital

600

600

Retained earnings

277,015

277,315

SHAREHOLDERS' FUNDS

277,615

277,915

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

Mr Makhan Singh Gill - Director

Mr Gurdeep Singh Gill - Director

1.	STATUTORY INFORMATION

Gill Brothers Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

02313338

Registered office:

19/21 Victoria Road

Woolston

Southampton

Hampshire

SO19 9DY

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.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

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

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

522

829

1,351

DEPRECIATION

At 1 January 2024

and 31 December 2024

522

829

1,351

NET BOOK VALUE

At 31 December 2024

-

-

-

At 31 December 2023

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

(19,095

)

(18,795

)

Other debtors

303,223

303,223

284,128

284,428

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

58,968

58,968

Other creditors

10,170

10,170

69,138

69,138