GX PROPERTIES LTD

GX PROPERTIES LTD
Statement of Financial Position
As at 31 October 2024

	2024
	£	£
Fixed assets		177,422
Current assets	974
Creditors: amount falling due within one year	(57,733)
Net current assets		(56,759)
Total assets less current liabilities		120,663
Creditors: amount falling due after more than one year		(128,001)
Net assets		(7,338)


Capital and reserves		(7,338)

NOTES TO THE ACCOUNTS

General Information

GX PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 15218964, registration address 180 HORNINGLOW ROAD, Derbyshire, DE14 2PX.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company.

2.	Average number of employees Average number of employees during the period was 0.

For the period ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the director on 07 October 2025 and were signed by:

--------------------------------
Raja NASEEM
Director

Registered Number: 15218964
England and Wales
GX PROPERTIES LTD

Abridged Accounts

Period of accounts Start date: 18 October 2023 End date: 31 October 2024