Company Registration No. 09144404 (England and Wales)
Gravity Estates Ltd
Unaudited accounts
for the year ended 31 March 2025
Gravity Estates Ltd
Unaudited accounts
Contents
Gravity Estates Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
32,093
42,790
Investments
214,999
214,999
Cash at bank and in hand
177,262
233,126
Creditors: amounts falling due within one year
(163,932)
(166,539)
Net current assets
89,555
66,587
Total assets less current liabilities
336,647
324,376
Creditors: amounts falling due after more than one year
(124,571)
(144,682)
Net assets
212,076
179,694
Called up share capital
100
100
Profit and loss account
211,976
179,594
Shareholders' funds
212,076
179,694
For the year ending 31 March 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 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 5 November 2025 and were signed on its behalf by
Mykhaylo Datsyuk
Director
Company Registration No. 09144404
Gravity Estates Ltd
Notes to the Accounts
for the year ended 31 March 2025
Gravity Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 09144404. The registered office is 18 Golders Green Road, London, NW11 8LL, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straightline
Computer equipment
25% Straightline
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
93,128
11,253
104,381
At 31 March 2025
93,128
11,253
104,381
At 1 April 2024
50,338
11,253
61,591
Charge for the year
10,697
-
10,697
At 31 March 2025
61,035
11,253
72,288
At 31 March 2025
32,093
-
32,093
At 31 March 2024
42,790
-
42,790
5
Investments
Other investments
Valuation at 1 April 2024
214,999
Valuation at 31 March 2025
214,999
Gravity Estates Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
149,530
154,038
Taxes and social security
8,784
2,470
Other creditors
5,618
10,031
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
25,786
41,675
Other creditors
86,548
80,568
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).