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Company Registration No. 14121639 (England and Wales)
GW Properties Leeds Ltd Unaudited accounts for the period from 1 June 2024 to 29 May 2025
GW Properties Leeds Ltd Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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GW Properties Leeds Ltd Statement of financial position as at 29 May 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
290,000
250,000
Current assets
Cash at bank and in hand
3,438
2,421
Creditors: amounts falling due within one year
5
(14,532)
(12,402)
Net current liabilities
(11,094)
(9,981)
Total assets less current liabilities
278,906
240,019
Creditors: amounts falling due after more than one year
6
(164,689)
(164,689)
Provisions for liabilities
Deferred tax
(10,000)
-
Net assets
104,217
75,330
Capital and reserves
Called up share capital
100
100
Share premium
72,063
72,063
Profit and loss account
32,054
3,167
Shareholders' funds
104,217
75,330
For the period ending 29 May 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 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 20 May 2026 and were signed on its behalf by
Ashley Vanzie Director Company Registration No. 14121639
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GW Properties Leeds Ltd Notes to the Accounts for the period from 1 June 2024 to 29 May 2025
1
Statutory information
GW Properties Leeds Ltd is a private company, limited by shares, registered in England and Wales, registration number 14121639. The registered office is 8 Church Avenue, Horsforth, Leeds, West Yorkshire, LS18 5LD, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents amounts due in respect of rent.
Investment property
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.
4
Investment property
2025
£
Fair value at 1 June 2024
250,000
Net gain from fair value adjustments
40,000
At 29 May 2025
290,000
5
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
12,612
11,442
Accruals
1,920
960
14,532
12,402
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
164,689
164,689
7
Average number of employees
During the period the average number of employees was 2 (2024: 2).
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