Gunfleet Properties Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 04436173 (England and Wales)

Unaudited Financial Statements

for the Year Ended 27 February 2023

for

Gunfleet Properties Limited

Page

Balance Sheet

1

FIXED ASSETS

1,250,948

1,251,460

CURRENT ASSETS

107,041

282,807

PREPAYMENTS AND ACCRUED INCOME

3,183

3,183

CREDITORS

Amounts falling due within one year

(103,698

)

(103,669

)

NET CURRENT ASSETS

6,526

182,321

TOTAL ASSETS LESS CURRENT LIABILITIES

1,257,474

1,433,781

CREDITORS

Amounts falling due after more than one year

(1,514,035

)

(1,688,735

)

NET LIABILITIES

(256,561

)

(254,954

)

CAPITAL AND RESERVES

(256,561

)

(254,954

)

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Gunfleet Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04436173

Registered office:

Sendale

Send Marsh Green

Ripley

Woking

Surrey

GU23 6LA

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

2.	AVERAGE NUMBER OF EMPLOYEES

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

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date included in creditors due within one year are amounts of £100,000 (2022 : £100,000) due to the director K A Weighill.

At the balance sheet date included in creditors due after one year are amount of £919,976 (2022 : £1,093,276) due to the director K A Weighill.

4.	GOING CONCERN

At the balance sheet date, liabilities exceed assets by £256,561 (2022 : £254,954). However the financial statements have been prepared on a going concern basis as the company has the continuing support from its directors and shareholders.The director are therefore satisfied that the financial statements have been correctly prepared on the going concern basis.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 February 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 27 July 2023 and were signed by:

K A Weighill - Director