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REGISTERED NUMBER: 10542066 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Gopsall Properties Limited

Gopsall Properties Limited (Registered number: 10542066)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Gopsall Properties Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: P R White
Mrs J E White





REGISTERED OFFICE: 4 HRFC Business Centre
Leicester Road
Hinckley
Leicestershire
LE10 3DR





REGISTERED NUMBER: 10542066 (England and Wales)






Gopsall Properties Limited (Registered number: 10542066)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,155,001 1,085,001

CURRENT ASSETS
Cash at bank 21,324 28,205

CREDITORS
Amounts falling due within one year 5 9,111 7,249
NET CURRENT ASSETS 12,213 20,956
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,167,214

1,105,957

CREDITORS
Amounts falling due after more than one
year

6

(909,235

)

(926,300

)

PROVISIONS FOR LIABILITIES (56,120 ) (38,523 )
NET ASSETS 201,859 141,134

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 7 168,360 115,860
Retained earnings 33,399 25,174
201,859 141,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 1 January 2025 and were signed on its behalf by:





P R White - Director


Gopsall Properties Limited (Registered number: 10542066)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Gopsall Properties Limited 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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year 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 year 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 year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 1,085,001
Revaluations 70,000
At 31 December 2024 1,155,001
NET BOOK VALUE
At 31 December 2024 1,155,001
At 31 December 2023 1,085,001

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2024 1,155,001

Gopsall Properties Limited (Registered number: 10542066)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors - (1 )
Taxation and social security 1,861 -
Other creditors 7,250 7,250
9,111 7,249

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Other creditors 909,235 926,300

7. RESERVES
Fair
value
reserve
£   
At 1 January 2024 115,860
Gains on revaluation of investment property 52,500

At 31 December 2024 168,360