Company Registration No. 14040248 (England and Wales)
GAHAN PROPERTY LIMITED
Unaudited accounts
for the year ended 31 March 2025
GAHAN PROPERTY LIMITED
Unaudited accounts
Contents
GAHAN PROPERTY LIMITED
Company Information
for the year ended 31 March 2025
Company Number
14040248 (England and Wales)
Registered Office
17 RUSHALL PLACE
WINNERSH
WOKINGHAM
RG41 5SY
ENGLAND
Accountants
NSG & CO Chartered Certified Accountants
Imperial Place
4 Maxwell Road
Borehamwood
Hertfordshire
WD6 1JN
GAHAN PROPERTY LIMITED
Statement of financial position
as at 31 March 2025
Investment property
680,126
386,968
Cash at bank and in hand
7,114
7,076
Creditors: amounts falling due within one year
(587)
(425)
Net current assets
6,527
6,651
Total assets less current liabilities
686,653
393,619
Creditors: amounts falling due after more than one year
(702,645)
(398,002)
Net liabilities
(15,992)
(4,383)
Called up share capital
1
1
Profit and loss account
(15,993)
(4,384)
Shareholders' funds
(15,992)
(4,383)
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 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 May 2025 and were signed on its behalf by
P Gurram
Director
Company Registration No. 14040248
GAHAN PROPERTY LIMITED
Notes to the Accounts
for the year ended 31 March 2025
GAHAN PROPERTY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14040248. The registered office is 17 RUSHALL PLACE, WINNERSH, WOKINGHAM, RG41 5SY, ENGLAND.
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.
Fair value at 1 April 2024
386,968
The investment property is valued based on an assessment of the property and the market by the company directors. The directors are of the opinion that the current market value is the same as the original purchase price, and therefore no revaluation is necessary.
5
Creditors: amounts falling due within one year
2025
2024
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
491,953
274,622
Loans from directors
210,692
123,380
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).