| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 1 May 2022 to 30 July 2023 |
| for |
| GHN Property Limited |
| REGISTERED NUMBER: |
| 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: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 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 |
| Investments | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET LIABILITIES | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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 were approved by the Board of Directors and authorised for issue on |
| 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 |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Short leasehold | - |
| 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 |
| At 30 July 2023 |
| DEPRECIATION |
| Charge for period |
| At 30 July 2023 |
| NET BOOK VALUE |
| At 30 July 2023 |
| 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 |
| At 30 July 2023 |
| NET BOOK VALUE |
| At 30 July 2023 |
| 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 |
| 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 |
| 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: | £ |
| 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. |