GMR CONNECTION LIMITED

GMR CONNECTION LIMITED

GMR CONNECTION LIMITED - Company Information

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1 October 2022 false No description of principal activity Taxfiler 2024.2 05570189business:PrivateLimitedCompanyLtd2022-10-012023-09-30 055701892022-09-30 055701892022-10-012023-09-30 05570189business:AuditExempt-NoAccountantsReport2022-10-012023-09-30 05570189business:FilletedAccounts2022-10-012023-09-30 055701892023-09-30 05570189business:Director12022-10-012023-09-30 05570189business:Director22022-10-012023-09-30 05570189business:RegisteredOffice2022-10-012023-09-30 055701892022-09-30 05570189core:WithinOneYear2023-09-30 05570189core:WithinOneYear2022-09-30 05570189core:AfterOneYear2023-09-30 05570189core:AfterOneYear2022-09-30 05570189core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 05570189core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 05570189core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 05570189core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 05570189core:PreviouslyStatedAmount2023-09-30 05570189core:PreviouslyStatedAmount2022-09-30 05570189business:SmallEntities2022-10-012023-09-30 05570189countries:EnglandWales2022-10-012023-09-30 05570189core:ComputerEquipment2022-09-30 05570189core:ComputerEquipment2023-09-30 05570189core:AfterOneYear2022-10-012023-09-30 055701892021-10-012022-09-30 iso4217:GBP xbrli:pure
Company Registration No. 05570189 (England and Wales)
GMR CONNECTION LIMITED Unaudited accounts for the year ended 30 September 2023
GMR CONNECTION LIMITED Unaudited accounts Contents
Page
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GMR CONNECTION LIMITED Company Information for the year ended 30 September 2023
Directors
Michael Turner Claudia Wallin
Company Number
05570189 (England and Wales)
Registered Office
9 Cambridge Street Tunbridge Wells TN2 4SJ ENGLAND
Accountants
Citrus Circle Accountancy 9 Cambridge Street Tunbridge Wells Kent TN2 4SJ
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GMR CONNECTION LIMITED Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
5
137,646 
137,646 
Current assets
Debtors
6
10,028 
11,225 
Cash at bank and in hand
74,681 
61,907 
84,709 
73,132 
Creditors: amounts falling due within one year
7
(36,077)
(35,184)
Net current assets
48,632 
37,948 
Total assets less current liabilities
186,278 
175,594 
Creditors: amounts falling due after more than one year
8
(123,000)
(123,000)
Net assets
63,278 
52,594 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
63,277 
52,593 
Shareholders' funds
63,278 
52,594 
For the year ending 30 September 2023 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 31 March 2024 and were signed on its behalf by
Claudia Wallin Director Company Registration No. 05570189
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GMR CONNECTION LIMITED Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
GMR CONNECTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05570189. The registered office is 9 Cambridge Street, Tunbridge Wells, TN2 4SJ, 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 year, 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.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2022
745 
At 30 September 2023
745 
Depreciation
At 1 October 2022
745 
At 30 September 2023
745 
Net book value
At 30 September 2023
- 
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GMR CONNECTION LIMITED Notes to the Accounts for the year ended 30 September 2023
5
Investments
Other investments 
£ 
Valuation at 1 October 2022
137,646 
Valuation at 30 September 2023
137,646 
The company's investments at the Balance Sheet date in the share capital of companies include the following: C4 Connection AB Nature if business: Consultancy Class of Shares: Ordinary % Holding: 100.0 The Company paid 1 SEK for shares in C4 Connection AB. This was converted to sterling at the rate of exchange in place at the date of transaction. E Switch AB : 14,000 shares holding 22% = £14,645.17 The Company holds EUR 138,595 worth of inventory. This was converted to sterling at the rate of exchange in place at the transaction date.
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
8,787 
8,435 
Accrued income and prepayments
1,174 
2,723 
Other debtors
67 
67 
10,028 
11,225 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
4,824 
3,836 
Other creditors
2,063 
2,063 
Loans from directors
27,825 
27,825 
Accruals
1,365 
1,460 
36,077 
35,184 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
123,000 
123,000 
The amount owed to the shareholder represents the purchase price for the inventory bought by GMR Connection Limited, from C4 Connection AB.
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GMR CONNECTION LIMITED Notes to the Accounts for the year ended 30 September 2023
9
Transactions with related parties
Shareholder During the year, the company received rent amounting to £18,650 (2022: ££16,750) from subletting a flat owned by the shareholder. No rent is payable by the company.
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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