Company Registration No. 11570435 (England and Wales)
GFH PROPERTY LETTINGS LTD
Unaudited accounts
for the year ended 30 September 2024
GFH PROPERTY LETTINGS LTD
Unaudited accounts
Contents
GFH PROPERTY LETTINGS LTD
Company Information
for the year ended 30 September 2024
Directors
Mr Ian Henry
Mrs Ruth Ann Corcoran-Henry
Company Number
11570435 (England and Wales)
Registered Office
Nabb Farm Barn
Dean Lane
Rossendale
Lancashiore
BB4 9RB
GFH PROPERTY LETTINGS LTD
Statement of financial position
as at 30 September 2024
Tangible assets
173,379
173,379
Cash at bank and in hand
2,445
4,781
Creditors: amounts falling due within one year
(112,246)
(119,535)
Net current liabilities
(109,801)
(111,800)
Total assets less current liabilities
63,578
61,579
Creditors: amounts falling due after more than one year
(78,667)
(75,421)
Net liabilities
(15,089)
(13,842)
Called up share capital
1
1
Profit and loss account
(15,090)
(13,843)
Shareholders' funds
(15,089)
(13,842)
For the year ending 30 September 2024 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 26 January 2025 and were signed on its behalf by
Mr Ian Henry
Director
Company Registration No. 11570435
GFH PROPERTY LETTINGS LTD
Notes to the Accounts
for the year ended 30 September 2024
GFH PROPERTY LETTINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 11570435. The registered office is Nabb Farm Barn, Dean Lane, Rossendale, Lancashiore, BB4 9RB.
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.
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.
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:
4
Tangible fixed assets
Land & buildings
At 30 September 2024
188,455
At 30 September 2024
15,076
At 30 September 2024
173,379
At 30 September 2023
173,379
Amounts falling due after more than one year
Accrued income and prepayments
-
2,954
GFH PROPERTY LETTINGS LTD
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,043
5,043
Other creditors
107,203
114,492
7
Creditors: amounts falling due after more than one year
2024
2023
8
Transactions with related parties
Related party transactions
Summary of transactions with parent
GFH Investments Ltd
Loan advance for property purchase
Loan agreement dated 15 May 2019. Terms repayable on event date or specified repayment date
Loan from related party
Balance brought forward 30.09.2021 - £114492.00
Balance at end of 30.09.2022 £114492.00
The company's immediate parent is GFH investments Ltd, incorportated in United Kingdom
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).