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REGISTERED NUMBER: 13310575 (England and Wales)















Unaudited Financial Statements

for the Period 1 May 2022 to 30 July 2023

for

GHN Property Limited

GHN Property Limited (Registered number: 13310575)






Contents of the Financial Statements
for the Period 1 May 2022 to 30 July 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


GHN Property Limited

Company Information
for the Period 1 May 2022 to 30 July 2023







DIRECTORS: G R Nunn
Mrs H L Webb





SECRETARY: Ms K E Cashmore





REGISTERED OFFICE: Building 22 - Bay 6
Dandy Bank Road
Pensnett Trading Estate
Kingswinford
DY6 7TU





REGISTERED NUMBER: 13310575 (England and Wales)





ACCOUNTANTS: Davies Archytas Accountants Ltd
14 The Oaks
Clews Road
Redditch
Worcestershire
B98 7ST

GHN Property Limited (Registered number: 13310575)

Abridged Statement of Financial Position
30 July 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 111,079
Investments 5 7,795
Investment property 6 1,195,338
1,314,212

CURRENT ASSETS
Debtors 160,793
Cash at bank 2,625
163,418
CREDITORS
Amounts falling due within one year 934,915
NET CURRENT LIABILITIES (771,497 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

542,715

CREDITORS
Amounts falling due after more than one
year

7

658,531
NET LIABILITIES (115,816 )

CAPITAL AND RESERVES
Called up share capital 9 100
Retained earnings (115,916 )
SHAREHOLDERS' FUNDS (115,816 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 July 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 July 2023 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.

GHN Property Limited (Registered number: 13310575)

Abridged Statement of Financial Position - continued
30 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the period ended 30 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 June 2025 and were signed on its behalf by:





G R Nunn - Director


GHN Property Limited (Registered number: 13310575)

Notes to the Financial Statements
for the Period 1 May 2022 to 30 July 2023

1. STATUTORY INFORMATION

GHN Property 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 15% on cost

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 period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

GHN Property Limited (Registered number: 13310575)

Notes to the Financial Statements - continued
for the Period 1 May 2022 to 30 July 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 136,712
At 30 July 2023 136,712
DEPRECIATION
Charge for period 25,633
At 30 July 2023 25,633
NET BOOK VALUE
At 30 July 2023 111,079

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
Additions 7,795
At 30 July 2023 7,795
NET BOOK VALUE
At 30 July 2023 7,795

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 1,195,338
At 30 July 2023 1,195,338
NET BOOK VALUE
At 30 July 2023 1,195,338

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
£   
Repayable by instalments
Bank loans more 5 yr by instal 508,239

8. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due within one year or on demand:
Bank loans 286,134

GHN Property Limited (Registered number: 13310575)

Notes to the Financial Statements - continued
for the Period 1 May 2022 to 30 July 2023

8. LOANS - continued
£   
Amounts falling due between two and five years:
Bank loans - 2-5 years 150,292

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 508,239

9. CALLED UP SHARE CAPITAL

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

10. RELATED PARTY DISCLOSURES

During the year the following connected parties and transactions were identified:

GHN (Cot Lane) Ltd
A company controlled by the director's.

GHN Property Developments Ltd
A company controlled by the director's.

GHN Sports & Classic Cars
A company controlled by the director's.

Ridgesteel Fabrications Ltd
A company in which the directors are a controlling party.


At the end of the year the following amounts were due by GHN Property Limited:

GHN (Cot Lane) Limited £83,594 (2023 - £0)
GHN Sports & Classic Cars £15,975 (2023 £0)
Ridgesteel Fabrications Ltd £349,300 (2023 £0)


At the end of the year the following amounts were due to GHN Property Ltd:

GHN Property Developments Ltd £120,528 (2023 -£0)

No interest has been charged on any of the outstanding balance and there were no conditions attached..

11. ULTIMATE CONTROLLING PARTY

During the financial year the controlling parties were the directors by virtue of their 100% ownership of the issued share capital of the company.