Company Registration No. 09291673 (England and Wales)
Gaj Property Management Limited
Unaudited accounts
for the year ended 31 December 2024
Gaj Property Management Limited
Unaudited accounts
Contents
Gaj Property Management Limited
Company Information
for the year ended 31 December 2024
Director
Mr Sukhdev Singh Ghotra
Company Number
09291673 (England and Wales)
Registered Office
8 Rose & Crown
Mews
Isleworth
Middlesex
TW7 5FA
Gaj Property Management Limited
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
8,033
6,243
Creditors: amounts falling due within one year
(130,622)
(100,650)
Net current (liabilities)/assets
(12,271)
2,384
Net (liabilities)/assets
(10,795)
2,384
Called up share capital
1
1
Profit and loss account
(10,796)
2,383
Shareholders' funds
(10,795)
2,384
For the year ending 31 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 6 November 2025 and were signed on its behalf by
Mr Sukhdev Singh Ghotra
Director
Company Registration No. 09291673
Gaj Property Management Limited
Notes to the Accounts
for the year ended 31 December 2024
Gaj Property Management Limited is a private company, limited by shares, registered in England and Wales, registration number 09291673. The registered office is 8 Rose & Crown, Mews, Isleworth, Middlesex, TW7 5FA.
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:
4
Tangible fixed assets
Total
Gaj Property Management Limited
Notes to the Accounts
for the year ended 31 December 2024
5
Deferred taxation
2024
2023
Accelerated capital allowances
280
-
Tax losses carried forward
(2,825)
-
Provision at start of year
-
(3,038)
(Credited)/charged to the profit and loss account
(2,545)
3,038
Provision at end of year
(2,545)
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Transactions with related parties
Other Creditors includes £43,090 (2023 - £21,550) owed to Gaj Homes Limited, Mr Sukhdev Ghotra is the common Director and Shareholder for both the companies.
Other Debtors includes
£796 (2023 - £796) owed by Gaj Developments Limited, Mr Sukhdev Ghotra is the common Director and Shareholder for both the companies.
£106,202 (2023 - £95,295) is the amount owed by Gaj Property Investment Limited, Mr Sukhdev Ghotra is the common Director and Shareholder for both the companies.
£776 (2023 - £700) is the amount owed by Rootstar Construction Limited, Mr Sukhdev Ghotra is the common Director and Shareholder for both the companies.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).