ACCOUNTS - Final Accounts preparation

Company Registration Number: SC414424

GG LETTINGS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

GG LETTINGS LIMITED

REGISTERED NUMBER: SC414424

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£


Current assets
Cash at bank and in hand	3	109		109
		109		109
Creditors: amounts falling due within one year	4	(83,570)		(83,570)
Net current liabilities			(83,461)		(83,461)
Total assets less current liabilities			(83,461)		(83,461)

Net liabilities			(83,461)		(83,461)

Capital and reserves
Called up share capital	5	100	100
Share premium account		7,572	7,572
Profit and loss account		(91,133)	(91,133)
		(83,461)	(83,461)

For the year ended 31 March 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Derek Hamill

Director

Date: 24 December 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1

GG LETTINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

GG Lettings Limited is a private company limited by shares incorporated in Scotland. The registered office is 29 Rutland Square, Edinburgh, United Kingdom, EH1 2BW.

The financial statements are presented in pounds sterling, which is the functional currency of the Company. Monetary amounts in these financial statements are rounded to the nearest £.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Going concern

Further to the parent passing its trade up to its parent, the directors have no forecast future trading activities planned for the company, and it is the intention for the company to be wound up in due course once all remaining balances are settled. These financial statements are therefore prepared on a basis other than going concern. The company’s parent has confirmed its intention to provide such support as may be necessary to ensure remaining liabilities can be settled as they fall due. There are no differences in the figures that would be reported differently, had the going concern basis been applied.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	109	109
	109	109

Page 2

GG LETTINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Amounts owed to group undertakings	83,570	83,570
	83,570	83,570

5.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

10,000 (2024 - 10,000) Ordinary shares of £0.01 each	100	100

6.	Controlling party

The directors regard Gilson Gray Property Services LLP, a limited liability partnership incorporated in Scotland, as the ultimate parent entity. The financial statements of Gilson Gray Property Services LLP are available at its registered office, 29 Rutland Square, Edinburgh, EH1 2BW.

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