Company Registration No. 10894016 (England and Wales)
G PARTNERS PROPERTY LTD
Unaudited accounts
for the year ended 31 August 2023
G PARTNERS PROPERTY LTD
Unaudited accounts
Contents
G PARTNERS PROPERTY LTD
Company Information
for the year ended 31 August 2023
Director
Matthew GREFSHEIM
Company Number
10894016 (England and Wales)
Registered Office
196 London Road
Twickenham,
TW1 1EX
G PARTNERS PROPERTY LTD
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
18,865
18,974
Creditors: amounts falling due within one year
(135,266)
(78,817)
Net current assets
243
132
Called up share capital
1
1
Profit and loss account
242
131
Shareholders' funds
243
132
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 15 December 2023 and were signed on its behalf by
Matthew GREFSHEIM
Director
Company Registration No. 10894016
G PARTNERS PROPERTY LTD
Notes to the Accounts
for the year ended 31 August 2023
G PARTNERS PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 10894016. The registered office is 196 London Road, Twickenham,, TW1 1EX.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% straight line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Plant & machinery
G PARTNERS PROPERTY LTD
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Other debtors
115,723
38,682
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
27,338
37,338
Taxes and social security
107,928
41,479
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors current account
32,281
73,423
23,967
81,737
32,281
73,423
23,967
81,737
Directors current account. Amount owing by the director and shareholder to the compnay £81,737 (2022 - £32,281) is included in other debtors
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Average number of employees
During the year the average number of employees was 1 (2022: 1).
