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REGISTERED NUMBER: 04488353 (England and Wales)


Financial Statements for the Year Ended 31 July 2024

for

Gora Investment Properties Limited

Gora Investment Properties Limited (Registered number: 04488353)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Gora Investment Properties Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mr Kulwant Singh Gora
Mr Balbir Singh Gora





SECRETARY: Miss Amani Kaur Gora





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 04488353 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Gora Investment Properties Limited (Registered number: 04488353)

Statement of Financial Position
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 4,411,329 4,150,168

CURRENT ASSETS
Debtors 5 815,963 1,233,239
Cash at bank and in hand 23,923 16,478
839,886 1,249,717
CREDITORS
Amounts falling due within one year 6 290,968 430,883
NET CURRENT ASSETS 548,918 818,834
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,960,247

4,969,002

CREDITORS
Amounts falling due after more than one
year

7

(762,650

)

(844,157

)

PROVISIONS FOR LIABILITIES (69,640 ) (69,640 )
NET ASSETS 4,127,957 4,055,205

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 296,889 296,889
Retained earnings 3,830,968 3,758,216
SHAREHOLDERS' FUNDS 4,127,957 4,055,205

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Gora Investment Properties Limited (Registered number: 04488353)

Statement of Financial Position - continued
31 July 2024


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 3 June 2025 and were signed on its behalf by:





Mr Kulwant Singh Gora - Director


Gora Investment Properties Limited (Registered number: 04488353)

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

1. STATUTORY INFORMATION

Gora Investment 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.

Turnover
Turnover represents net rent income of the company, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2023 2,828,298 1,386,206 4,214,504
Additions - 286,800 286,800
At 31 July 2024 2,828,298 1,673,006 4,501,304
DEPRECIATION
At 1 August 2023 - 64,336 64,336
Charge for year - 25,639 25,639
At 31 July 2024 - 89,975 89,975
NET BOOK VALUE
At 31 July 2024 2,828,298 1,583,031 4,411,329
At 31 July 2023 2,828,298 1,321,870 4,150,168


Gora Investment Properties Limited (Registered number: 04488353)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 815,107 1,233,239
Other debtors 856 -
815,963 1,233,239

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 3,200 3,873
Taxation and social security 29,920 63,375
Other creditors 257,848 363,635
290,968 430,883

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 651,347 700,067
Hire purchase contracts 111,303 144,090
762,650 844,157

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Revaluation
reserve
£   
At 1 August 2023
and 31 July 2024 296,889