GG-256-127 Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 13279357 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

GG-256-127 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ena Su

REGISTERED OFFICE:

1 Lyric Square

London

W6 0NB

REGISTERED NUMBER:

13279357 (England and Wales)

FIXED ASSETS

Tangible assets

4

2,065

3,087

Investment property

5

290,596

290,596

292,661

293,683

CURRENT ASSETS

Debtors

6

1,859

859

Cash at bank

1,000

3,067

2,859

3,926

CREDITORS

Amounts falling due within one year

7

290,670

296,701

NET CURRENT LIABILITIES

(287,811

)

(292,775

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,850

908

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,750

808

4,850

908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 22 December 2023 and were signed by:

Ena Su - Director

1.	STATUTORY INFORMATION

GG-256-127 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2022

and 31 March 2023

4,088

DEPRECIATION

At 1 April 2022

1,001

Charge for year

1,022

At 31 March 2023

2,023

NET BOOK VALUE

At 31 March 2023

2,065

At 31 March 2022

3,087

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2022

and 31 March 2023

290,596

NET BOOK VALUE

At 31 March 2023

290,596

At 31 March 2022

290,596

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade debtors

1,226

579

Prepayments and accrued income

280

280

Prepayments

353

-

1,859

859

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Amounts owed to group undertakings

289,080

295,401

Tax

1,164

481

Accruals and deferred income

426

531

Accrued expenses

-

288

290,670

296,701

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is GGH-123-456 LIMITED .