GKJED Properties Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 11964629 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 30 APRIL 2022 TO 28 APRIL 2023

FOR

GKJED PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G M Roberts

Mrs. K J Roberts

SECRETARY:

REGISTERED OFFICE:

92 Nore Road

Portishead

Bristol

BS20 8DX

REGISTERED NUMBER:

11964629 (England and Wales)

ACCOUNTANTS:

Douglas Crook Accountancy Services

92 Nore Road

Portishead

Bristol

BS20 8DX

FIXED ASSETS

Tangible assets

4

526,313

526,313

CURRENT ASSETS

Cash at bank

42,699

52,694

CREDITORS

Amounts falling due within one year

5

121,897

147,868

NET CURRENT LIABILITIES

(79,198

)

(95,174

)

TOTAL ASSETS LESS CURRENT LIABILITIES

447,115

431,139

CREDITORS

Amounts falling due after more than one year

6

450,635

391,450

NET (LIABILITIES)/ASSETS

(3,520

)

39,689

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(3,620

)

39,589

(3,520

)

39,689

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 April 2023 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 22 January 2024 and were signed on its behalf by:

G M Roberts - Director

Mrs. K J Roberts - Director

1.	STATUTORY INFORMATION

GKJED Properties Ltd 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.

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.

Taxation

Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2022 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 30 April 2022

and 28 April 2023

526,313

NET BOOK VALUE

At 28 April 2023

526,313

At 29 April 2022

526,313

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

860

861

Taxation and social security

9,438

8,919

Other creditors

101,599

128,088

121,897

147,868

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Bank loans

450,635

391,450

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

416,430

351,450