Company Registration No. 07558016 (England and Wales)
G & G London Limited
Unaudited accounts
for the year ended 31 March 2025
G & G London Limited
Unaudited accounts
Contents
G & G London Limited
Company Information
for the year ended 31 March 2025
Company Number
07558016 (England and Wales)
Registered Office
263 Croydon Road
Beckenham
Kent
BR3 3PS
G & G London Limited
Statement of financial position
as at 31 March 2025
Tangible assets
11,061
11,806
Cash at bank and in hand
5,106
7,900
Creditors: amounts falling due within one year
(32,101)
(32,238)
Net current liabilities
(22,196)
(24,338)
Net liabilities
(11,135)
(12,532)
Called up share capital
100
100
Profit and loss account
(11,235)
(12,632)
Shareholders' funds
(11,135)
(12,532)
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 24 December 2025 and were signed on its behalf by
Manoj Khadka
Director
Company Registration No. 07558016
G & G London Limited
Notes to the Accounts
for the year ended 31 March 2025
G & G London Limited is a private company, limited by shares, registered in England and Wales, registration number 07558016. The registered office is 263 Croydon Road, Beckenham, Kent, BR3 3PS.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% reducing balance method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
G & G London Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2024
8,085
28,825
36,910
At 31 March 2025
8,085
28,825
36,910
At 1 April 2024
-
25,104
25,104
Charge for the year
-
745
745
At 31 March 2025
-
25,849
25,849
At 31 March 2025
8,085
2,976
11,061
At 31 March 2024
8,085
3,721
11,806
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
2,395
2,132
Taxes and social security
503
493
Loans from directors
28,483
28,893
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Average number of employees
During the year the average number of employees was 0 (2024: 0).