Company Registration No. 13856449 (England and Wales)
Gemini Properties Sussex Limited
Unaudited accounts
for the year ended 31 January 2025
Gemini Properties Sussex Limited
Unaudited accounts
Contents
Gemini Properties Sussex Limited
Company Information
for the year ended 31 January 2025
Directors
Thomas Gardener
Benjamin Gardener
Company Number
13856449 (England and Wales)
Registered Office
Marlow
Potmans Lane
Bexhill-On-Sea
TN39 5JL
England
Accountants
Cavill & Cruikshank Limited
7 Henderson Close
Hastings
East Sussex
TN34 2DU
Gemini Properties Sussex Limited
Statement of financial position
as at 31 January 2025
Investment property
313,087
313,087
Creditors: amounts falling due within one year
(82,867)
(91,832)
Net current liabilities
(82,867)
(91,832)
Total assets less current liabilities
230,220
221,255
Creditors: amounts falling due after more than one year
(223,105)
(223,105)
Net assets/(liabilities)
7,115
(1,850)
Called up share capital
100
100
Profit and loss account
7,015
(1,950)
Shareholders' funds
7,115
(1,850)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 14 October 2025 and were signed on its behalf by
Benjamin Gardener
Director
Company Registration No. 13856449
Gemini Properties Sussex Limited
Notes to the Accounts
for the year ended 31 January 2025
Gemini Properties Sussex Limited is a private company, limited by shares, registered in England and Wales, registration number 13856449. The registered office is Marlow, Potmans Lane, Bexhill-On-Sea, TN39 5JL, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 February 2024
313,087
At 31 January 2025
313,087
The fair value of the investment property has been arrived at on the basis of a valuation carried out at the date of purchase. The valuation was made on an open market value basis, by reference to market evidence of transaction prices by similar properties. The directors do not believe that the value has changed since this date.
5
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
5,753
-
Loans from directors
76,662
91,432
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
223,105
223,105
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Average number of employees
During the year the average number of employees was 2 (2024: 2).