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REGISTERED NUMBER: 13935506 (England and Wales)












GOVER RUIS INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025






GOVER RUIS INVESTMENTS LIMITED (REGISTERED NUMBER: 13935506)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GOVER RUIS INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: T A Gover
D Ruis





REGISTERED OFFICE: Highland House
Mayflower Close
Chandlers Ford
Eastleigh
Hampshire
SO53 4AR





REGISTERED NUMBER: 13935506 (England and Wales)

GOVER RUIS INVESTMENTS LIMITED (REGISTERED NUMBER: 13935506)

BALANCE SHEET
28 FEBRUARY 2025

2025 2024
Notes £ £
FIXED ASSETS
Tangible assets 4 35,671 -
Investment property 5 384,769 384,769
420,440 384,769

CURRENT ASSETS
Debtors 6 - 8
Cash at bank 7,455 8,639
7,455 8,647
CREDITORS
Amounts falling due within one year 7 (207,565 ) (178,483 )
NET CURRENT LIABILITIES (200,110 ) (169,836 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

220,330

214,933

CREDITORS
Amounts falling due after more than one
year

8

(223,909

)

(223,909

)
NET LIABILITIES (3,579 ) (8,976 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (3,679 ) (9,076 )
(3,579 ) (8,976 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

GOVER RUIS INVESTMENTS LIMITED (REGISTERED NUMBER: 13935506)

BALANCE SHEET - continued
28 FEBRUARY 2025


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 5 June 2025 and were signed on its behalf by:





T A Gover - Director


GOVER RUIS INVESTMENTS LIMITED (REGISTERED NUMBER: 13935506)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


1. STATUTORY INFORMATION

Gover Ruis Investments 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 FRS102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Going concern
At the balance sheet date the company has net liabilities, and is dependent upon the support of its directors to continue trading. The directors have indicated that their support will continue for a period of at least 12 months from the date of signing these financial statements, and as such the going concern basis has been used.

Rents received
Income represents gross rents receivable from investment property and rental income from storage units.

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 - 25% Reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


GOVER RUIS INVESTMENTS LIMITED (REGISTERED NUMBER: 13935506)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Financial assets
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities
Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments
Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

GOVER RUIS INVESTMENTS LIMITED (REGISTERED NUMBER: 13935506)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£
COST
Additions 40,284
At 28 February 2025 40,284
DEPRECIATION
Charge for year 4,613
At 28 February 2025 4,613
NET BOOK VALUE
At 28 February 2025 35,671

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 March 2024
and 28 February 2025 384,769
NET BOOK VALUE
At 28 February 2025 384,769
At 29 February 2024 384,769

Investment property was valued on an open market basis on 29 February 2025 by the directors who consider that cost is fair value.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Other debtors - 8

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Other creditors 207,565 178,483

GOVER RUIS INVESTMENTS LIMITED (REGISTERED NUMBER: 13935506)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£ £
Bank loans 223,909 223,909

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
by instalments 223,909 223,909
223,909 223,909

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£ £
Bank loans 223,909 223,909

The bank loan is secured by means of legal charges over the property owned by the company.