Giorgio Products Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07192491 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Giorgio Products Ltd

Page

Company Information

1

Balance Sheet

2

Report of the Accountants

3

DIRECTOR:

Mr George Georgiou

REGISTERED OFFICE:

47 Brooklands Road

Weybridge

KT13 0RU

REGISTERED NUMBER:

07192491 (England and Wales)

ACCOUNTANTS:

Chris Pantazis Ltd T/A CPS & Co

Chartered Accountants

10A Aldermans Hill

Palmers Green

London

N13 4PJ

FIXED ASSETS

5,847

5,240

CURRENT ASSETS

9,031

1,553

CREDITORS

Amounts falling due within one year

(7,564

)

(4,065

)

NET CURRENT ASSETS/(LIABILITIES)

1,467

(2,512

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,314

2,728

CREDITORS

Amounts falling due after more than one year

1,026,252

911,488

NET LIABILITIES

(1,018,938

)

(908,760

)

CAPITAL AND RESERVES

(1,018,938

)

(908,760

)

NOTE TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2022 - 1 ) .

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 his 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 28 December 2023 and were signed by:

Mr George Georgiou - Director

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

EMPHASIS OF MATTER - GOING CONCERN

The company made a net a loss during the year ended 31 March 2023 and, at the date, the company had net liabilities. In the event the company continues to have net liabilities in the foreseeable future, the company's continued ability to operate will be dependent on the continued financial support of the company's shareholders. These conditions indicate an existence of a material uncertainty which may cast significant doubt of the company's ability to continue as going concern. The financial statements do not include adjustments that would result if the company was unable to continue as a going concern.