Acorah Software Products - Accounts Production 16.3.350 true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 07165005 Ms Jennifer Baster Mr John Pilkington Dr. Gerhard Oberholzer Mr Tim Jennings true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07165005 2023-12-31 07165005 2024-12-31 07165005 2024-01-01 2024-12-31 07165005 frs-core:CurrentFinancialInstruments 2024-12-31 07165005 frs-core:ShareCapital 2024-12-31 07165005 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07165005 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07165005 frs-bus:SmallEntities 2024-01-01 2024-12-31 07165005 frs-bus:EntityHasNeverTraded 2024-01-01 2024-12-31 07165005 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07165005 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07165005 1 2024-01-01 2024-12-31 07165005 frs-core:CostValuation 2023-12-31 07165005 frs-core:CostValuation 2024-12-31 07165005 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 07165005 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 07165005 frs-bus:Director1 2024-01-01 2024-12-31 07165005 frs-bus:Director2 2024-01-01 2024-12-31 07165005 frs-bus:Director3 2024-01-01 2024-12-31 07165005 frs-bus:Director4 2024-01-01 2024-12-31 07165005 frs-countries:EnglandWales 2024-01-01 2024-12-31 07165005 2022-12-31 07165005 2023-12-31 07165005 2023-01-01 2023-12-31 07165005 frs-core:CurrentFinancialInstruments 2023-12-31 07165005 frs-core:ShareCapital 2023-12-31
Registered number: 07165005
GB Social Housing (Holdings) Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Watermill Accounting Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07165005
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 50,001 50,001
50,001 50,001
CURRENT ASSETS
Debtors 5 1 1
1 1
Creditors: Amounts Falling Due Within One Year 6 (50,001 ) (50,001 )
NET CURRENT ASSETS (LIABILITIES) (50,000 ) (50,000 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1 1
NET ASSETS 1 1
CAPITAL AND RESERVES
Called up share capital 7 1 1
SHAREHOLDERS' FUNDS 1 1
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.
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
Dr. Gerhard Oberholzer
Director
12/06/2025
The notes on pages 2 to 3 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
GB Social Housing (Holdings) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07165005 . The registered office is C/O Watermill Accounting,, Future Business Centre, Kings Hedges Road, Cambridgeshire, Cambridge, CB4 2HY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Group accounts
Group accounts have not been prepared on the grounds that the Company has no control over its Subsidiaries. These financial statements therefore present information about the Company as an individual undertaking.
Statement of comprehensive income
The Company did not trade during the year and has made neither a profit nor a loss. No statement of comprehensive income has therefore been prepared.
Cash flow statement
A cash flow statement has not been prepared in the financial statements on the grounds that no cash movements took place during the year.
Going concern
The directors consider that the Company is able to meet its liabilities as they fall due, and accordingly, the financial statements have been prepared on a going concern basis.
Reserves Called up share capital reserve represents the nominal value of the shares issued.
Investments
Investments in subsidiaries are valued at cost less any permanent impairment in value. 
Impairment on financial assets classed as investments
If there is objective evidence that an impairment loss on a financial asset classed as an investment has been incurred, then the Company measures the amount of loss as the difference between the carrying amount of the asset and the recoverable amount of the asset.
Impairment losses are recognized in profit or loss and the carrying amount of the financial asset is reduced by establishing an allowance for impairment losses. If in a subsequent period the amount of the impairment loss reduces and the reduction can be ascribed to an event after the impairment was recognized, the previously recognized loss is reversed by adjusting the allowance.
Segmental analysis
The Company operates in one business sector and all of the Company's activities are in the UK.
Use of estimates and judgments
The preparation of the financial statements requires management to make judgments, estimates and assumptions that may affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. The estimates and associated assumptions are based on historical and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates.
Estimates and underlying assumptions are reviewed on an ongoing basis. Revision to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.
Taxation
Current tax, including UK corporation tax and foreign tax, is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognized in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the Company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognized in the financial
statements.
A net deferred tax asset is regarded as recoverable and therefore recognized only to the extent that, on the basis of all available evidence, it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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Page 3
4. Investments
Subsidiaries
£
Cost
As at 1 January 2024 50,001
As at 31 December 2024 50,001
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 50,001
As at 1 January 2024 50,001
Investments in subsidiaries are valued at cost less any permanent impairment in value.
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 1 1
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 50,001 50,001
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Related Party Transactions
GB Social Housing Management Limited ("GBSHM") was incorporated on 14 July 2015 as a wholly owned subsidiary of GB Social Housing (Holdings) Limited and assumed all loan arrangement, management and administration services of GB Social Housing Plc on 24 July 2015.
Compensation to key management personnel was £nil in 2024 (2023: £nil).
9. Ultimate Parent Undertaking and Controlling Party
The entire issued share capital of GB Social Housing (Holdings) Limited is held on a discretionary trust basis for the benefit of certain charities by Watermill Accounting Limited, the legal holder, a company incorporated in Great Britain. As the trustees are not entitled to any economic benefit and the beneficiaries do not have any decision making power, there is no controlling party.
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