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Company Registration No. 12834085 (England and Wales)
GOLDRUSH PROPERTIES LTD Unaudited accounts for the year ended 31 August 2024
GOLDRUSH PROPERTIES LTD Unaudited accounts Contents
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GOLDRUSH PROPERTIES LTD Company Information for the year ended 31 August 2024
Directors
Adedayo Oluwaseun Philips Olaoluwatobi Ogundiran
Company Number
12834085 (England and Wales)
Registered Office
8 PIEBRIDGE WAY LEEDS LS12 6ES ENGLAND
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GOLDRUSH PROPERTIES LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
246,000 
264,000 
Current assets
Cash at bank and in hand
4,662 
10,466 
Creditors: amounts falling due within one year
- 
439 
Net current assets
4,662 
10,905 
Total assets less current liabilities
250,662 
274,905 
Creditors: amounts falling due after more than one year
(220,962)
(220,962)
Provisions for liabilities
Deferred tax
(6,696)
(10,116)
Net assets
23,004 
43,827 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
23,002 
43,825 
Shareholders' funds
23,004 
43,827 
For the year ending 31 August 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 31 May 2025 and were signed on its behalf by
Adedayo Oluwaseun Philips Director Company Registration No. 12834085
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GOLDRUSH PROPERTIES LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
GOLDRUSH PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12834085. The registered office is 8 PIEBRIDGE WAY, LEEDS, LS12 6ES, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 September 2023
264,000 
Net loss from fair value adjustments
(18,000)
At 31 August 2024
246,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
(439)
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
155,962 
155,962 
Loans from directors
65,000 
65,000 
220,962 
220,962 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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