Acorah Software Products - Accounts Production 16.3.350 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 04122112 Mr Thayne Weston Mrs Dawn Weston true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04122112 2024-03-31 04122112 2025-03-31 04122112 2024-04-01 2025-03-31 04122112 frs-core:CurrentFinancialInstruments 2025-03-31 04122112 frs-core:ShareCapital 2025-03-31 04122112 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04122112 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04122112 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04122112 frs-bus:SmallEntities 2024-04-01 2025-03-31 04122112 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04122112 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04122112 1 2024-04-01 2025-03-31 04122112 frs-bus:Director1 2024-04-01 2025-03-31 04122112 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 04122112 frs-countries:EnglandWales 2024-04-01 2025-03-31 04122112 2023-03-31 04122112 2024-03-31 04122112 2023-04-01 2024-03-31 04122112 frs-core:CurrentFinancialInstruments 2024-03-31 04122112 frs-core:ShareCapital 2024-03-31 04122112 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 04122112
Gosling Properties Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Freeman Lunn
Accountants & Business Advisers
11 Marlings Park Avenue
Chislehurst
Kent
BR7 6QN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 04122112
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 1,501,173 1,500,000
Cash at bank and in hand 4,507 3,687
1,505,680 1,503,687
Creditors: Amounts Falling Due Within One Year 5 (2,771,227 ) (2,767,069 )
NET CURRENT ASSETS (LIABILITIES) (1,265,547 ) (1,263,382 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,265,547 ) (1,263,382 )
NET LIABILITIES (1,265,547 ) (1,263,382 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (1,265,647 ) (1,263,482 )
SHAREHOLDERS' FUNDS (1,265,547) (1,263,382)
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Thayne Weston
Director
25/04/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Gosling Properties Limited Registered number 04122112 is a limited by shares company incorporated in England & Wales. The Registered Office is 11 Marlings Park Avenue, Chislehurst, Kent, BR7 6QN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Going Concern Disclosure
These financial statements are prepared on the going concern basis. The director has reasonable expectation that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends on the continuing support of the director, the holding company and associated companies who are the main creditors.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Stocks
2025 2024
£ £
Work in progress 1,501,173 1,500,000
The development at the balance sheet date was professionally valued in March 2024 by Savills, Chartered Surveyors. The director does not consider any material adjustment is due this year.
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 1,640 1,700
Director's loan account 751,682 747,464
Amounts owed to group undertakings 785,707 785,707
Amounts owed to parent undertaking 1,155,281 1,155,281
Amounts owed to related parties 76,917 76,917
2,771,227 2,767,069
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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Page 3
7. Related Party Transactions
Hopetown Properties (Staines) LimitedAmount owed to group undertakingCreditors include a sum of £22,823 (2024 £22,823)

Hopetown Properties (Staines) Limited

Amount owed to group undertaking

Creditors include a sum of £22,823 (2024 £22,823)

Highpine Construction LimitedAmount owed to group undertakingCreditors include a sum of £762,884 (2024 £762,884)

Highpine Construction Limited

Amount owed to group undertaking

Creditors include a sum of £762,884 (2024 £762,884)

Hopetown Investments LimitedAmount owed to parent undertakingCreditors include a sum of £1,155,281 (2024 £1,155,281)

Hopetown Investments Limited

Amount owed to parent undertaking

Creditors include a sum of £1,155,281 (2024 £1,155,281)

White House Properties LimitedA company controlled by the family of Mr Thayne Weston, the directorCreditors include a sum of £76,917 (2024 £76,917)

White House Properties Limited

A company controlled by the family of Mr Thayne Weston, the director

Creditors include a sum of £76,917 (2024 £76,917)

Mr Thayne WestonDirector of the companyCreditors include a sum of £751,682 (2024 £747.464)

Mr Thayne Weston

Director of the company

Creditors include a sum of £751,682 (2024 £747.464)

8. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate controlling party is Hopetown Investments Limited who control 100% of the shares of Gosling Properties Limited.
Page 3