Gcr Camprop Three Limited - Accounts to registrar (filleted) - small 18.2

Gcr Camprop Three Limited - Accounts to registrar (filleted) - small 18.2

GCR CAMPROP THREE LIMITED - Company Information

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IRIS Accounts Production v21.1.0.652 10548459 Board of Directors 1.2.19 31.1.20 31.1.20 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure105484592019-01-31105484592020-01-31105484592019-02-012020-01-31105484592018-01-31105484592018-02-012019-01-31105484592019-01-3110548459ns16:EnglandWales2019-02-012020-01-3110548459ns15:PoundSterling2019-02-012020-01-3110548459ns11:Director12019-02-012020-01-3110548459ns11:PrivateLimitedCompanyLtd2019-02-012020-01-3110548459ns11:SmallEntities2019-02-012020-01-3110548459ns11:AuditExempt-NoAccountantsReport2019-02-012020-01-3110548459ns11:SmallCompaniesRegimeForDirectorsReport2019-02-012020-01-3110548459ns11:SmallCompaniesRegimeForAccounts2019-02-012020-01-3110548459ns11:FullAccounts2019-02-012020-01-3110548459ns11:Director32019-02-012020-01-3110548459ns11:Director42019-02-012020-01-3110548459ns11:Director52019-02-012020-01-3110548459ns11:CompanySecretary12019-02-012020-01-3110548459ns11:RegisteredOffice2019-02-012020-01-3110548459ns6:CurrentFinancialInstruments2020-01-3110548459ns6:CurrentFinancialInstruments2019-01-3110548459ns6:ShareCapital2020-01-3110548459ns6:ShareCapital2019-01-3110548459ns6:RetainedEarningsAccumulatedLosses2020-01-3110548459ns6:RetainedEarningsAccumulatedLosses2019-01-3110548459ns6:CurrentFinancialInstrumentsns6:WithinOneYear2020-01-3110548459ns6:CurrentFinancialInstrumentsns6:WithinOneYear2019-01-311054845912019-02-012020-01-31
REGISTERED NUMBER: 10548459 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2020

FOR

GCR CAMPROP THREE LIMITED
GCR CAMPROP THREE LIMITED (REGISTERED NUMBER: 10548459)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GCR CAMPROP THREE LIMITED


COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2020







DIRECTORS: M A Gunn
S Gusterson
K Lais
C J Williams





SECRETARY:





REGISTERED OFFICE: 1st Floor Offices
Newnham Mill
Newnham Road
Cambridge
Cambridgeshire
CB3 9EY





REGISTERED NUMBER: 10548459 (England and Wales)





ACCOUNTANTS: Tayler Bradshaw
Cambridge House
16 High Street
Saffron Walden
Essex
CB10 1AX
Page 1
GCR CAMPROP THREE LIMITED (REGISTERED NUMBER: 10548459)


BALANCE SHEET
31 JANUARY 2020

31/1/20 31/1/19
Notes £    £   
CURRENT ASSETS
Stocks 1,513,380 1,496,901
Debtors 4 29,458 73,650
Cash at bank 29,824 74,581
1,572,662 1,645,132
CREDITORS
Amounts falling due within one year 5 733,314 743,443
NET CURRENT ASSETS 839,348 901,689
TOTAL ASSETS LESS CURRENT LIABILITIES 839,348 901,689

CAPITAL AND RESERVES
Called up share capital 1,180,008 1,180,008
Retained earnings (340,660 ) (278,319 )
839,348 901,689

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 May 2021 and were signed on its behalf by:




M A Gunn - Director


The notes form part of these financial statements

Page 2
GCR CAMPROP THREE LIMITED (REGISTERED NUMBER: 10548459)


NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2020

1. STATUTORY INFORMATION

Gcr Camprop Three Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - 5 ).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/20 31/1/19
£    £   
Other debtors 29,458 73,650

Page 3 continued...
GCR CAMPROP THREE LIMITED (REGISTERED NUMBER: 10548459)


NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2020

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/20 31/1/19
£    £   
Bank loans and overdrafts 712,496 720,000
Trade creditors 19,554 1
Taxation and social security - 9,102
Other creditors 1,264 14,340
733,314 743,443

6. RELATED PARTY DISCLOSURES

During the year, fees amounting to £7,812 (2019: £NIL) were charged in the normal course of business by Camprop Construction Limited, a company in which M A Gunn, S T G Gusterson and K Laish are directors.

At the reporting date, the company owed £14 (2019: £14) to GCR CPD Two Limited, a company in which M A Gunn, S T G Gusterson and K Laish are directors.

7. POST BALANCE SHEET EVENTS

On 30 January 2020, the World Health Organisation (WHO) announced Coronavirus as a global health emergency.

Management has considered the consequences of COVID-19 and other events and conditions, and it
has determined that they do not create a material uncertainty that casts significant doubt upon the
entity’s ability to continue as a going concern.This is evidenced by the fact the development property was sold in the subsequent year.

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