Company Registration No. 11356621 (England and Wales)
G&o Property Investment Limited
Unaudited accounts
for the year ended 30 December 2024
G&o Property Investment Limited
Unaudited accounts
Contents
G&o Property Investment Limited
Company Information
for the year ended 30 December 2024
Directors
Lee Eskholme
Lynne Thurston
Company Number
11356621 (England and Wales)
Registered Office
47 High Street
Lydney
GL15 5DD
England
G&o Property Investment Limited
Statement of financial position
as at 30 December 2024
Tangible assets
28,942
33,616
Investment property
133,938
133,938
Cash at bank and in hand
3,889
4,175
Creditors: amounts falling due within one year
(174,313)
(164,164)
Net current liabilities
(147,316)
(140,770)
Called up share capital
2
2
Profit and loss account
15,562
26,782
Shareholders' funds
15,564
26,784
For the year ending 30 December 2024 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 4 December 2025 and were signed on its behalf by
Lee Eskholme
Director
Company Registration No. 11356621
G&o Property Investment Limited
Notes to the Accounts
for the year ended 30 December 2024
G&o Property Investment Limited is a private company, limited by shares, registered in England and Wales, registration number 11356621. The registered office is 47 High Street, Lydney, GL15 5DD, 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:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
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.
G&o Property Investment Limited
Notes to the Accounts
for the year ended 30 December 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 31 December 2023
27,663
17,409
3,960
49,032
Additions
-
1,762
799
2,561
At 30 December 2024
27,663
19,171
4,759
51,593
At 31 December 2023
5,533
7,275
2,608
15,416
Charge for the year
4,426
2,379
430
7,235
At 30 December 2024
9,959
9,654
3,038
22,651
At 30 December 2024
17,704
9,517
1,721
28,942
At 30 December 2023
22,130
10,134
1,352
33,616
Fair value at 31 December 2023
133,938
At 30 December 2024
133,938
Amounts falling due within one year
Other debtors
22,074
18,185
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,747
5,395
Other creditors
45,225
45,459
Loans from directors
121,341
104,110
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).