COMPANY REGISTRATION NUMBER:
11178649
|
GJL (Overton) Properties Limited |
|
|
Filleted Unaudited Financial Statements |
|
|
GJL (Overton) Properties Limited |
|
|
Statement of Financial Position |
|
31 January 2025
Current assets
|
Debtors |
4 |
– |
1,025 |
|
Cash at bank and in hand |
328 |
379 |
|
---- |
------- |
|
328 |
1,404 |
|
|
|
|
|
Creditors: amounts falling due within one year |
5 |
4,383 |
2,888 |
|
------- |
------- |
|
Net current liabilities |
4,055 |
1,484 |
|
------- |
------- |
|
Total assets less current liabilities |
(
4,055) |
(
1,484) |
|
------- |
------- |
|
Net liabilities |
(
4,055) |
(
1,484) |
|
------- |
------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
300 |
300 |
|
Profit and loss account |
(
4,355) |
(
1,784) |
|
------- |
------- |
|
Shareholders deficit |
(
4,055) |
(
1,484) |
|
------- |
------- |
|
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 January 2025 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 financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
10 October 2025
, and are signed on behalf of the board by:
Company registration number:
11178649
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GJL (Overton) Properties Limited |
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Notes to the Financial Statements |
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Year ended 31 January 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9 Althrey Court Overton Road, Bangor On Dee, Wrexham, LL13 0DA.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The accounts have been prepared on a going concern basis. The director considers this basis to be appropriate because of the continuing financial support provided by the director.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Financial instruments
The following assets and liabilities within the accounts are classified as financial instruments - trade debtors, trade creditors, loans and directors loans. Directors loans (being repayable upon demand), trade debtors, trade creditors and other loans, are measured at the undiscounted amount of cash or other consideration expected to be paid or received. Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of Income and Retained Earnings.
4.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Trade debtors |
– |
1,025 |
|
---- |
------- |
|
|
|
5.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
805 |
734 |
|
Intercompany loan account |
2,692 |
1,349
|
|
Other creditors |
886 |
805 |
|
------- |
------- |
|
4,383 |
2,888 |
|
------- |
------- |
|
|
|
6.
Related party transactions
During the year the company had loan with another company which shares the same director. The balance due at the year end to the other company was £2,692 (2024 - £1,379).