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REGISTERED NUMBER: 05405850 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GORDON HARRISON DEVELOPMENTS LTD

GORDON HARRISON DEVELOPMENTS LTD (REGISTERED NUMBER: 05405850)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2025










Page

Report of the Accountants 1

Balance Sheet 2

Notes to the Financial Statements 4


GORDON HARRISON DEVELOPMENTS LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
GORDON HARRISON DEVELOPMENTS LTD


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of the company, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of the company and state those matters that we have agreed to state to the Board of Directors of the company, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of the company. You consider that the company is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Fortus Limited
Business Advisors & Accountants
Equinox House
Clifton Park, Shipton Road
York
Yorkshire
YO30 5PA


21 July 2025

GORDON HARRISON DEVELOPMENTS LTD (REGISTERED NUMBER: 05405850)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,573 2,212
Investment property 5 880,000 840,000
881,573 842,212

CURRENT ASSETS
Stocks 463,203 429,742
Debtors 6 5,016 -
Cash at bank 16,783 12,639
485,002 442,381
CREDITORS
Amounts falling due within one year 7 562,471 556,500
NET CURRENT LIABILITIES (77,469 ) (114,119 )
TOTAL ASSETS LESS CURRENT LIABILITIES 804,104 728,093

PROVISIONS FOR LIABILITIES 17,990 -
NET ASSETS 786,114 728,093

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 786,014 727,993
SHAREHOLDERS' FUNDS 786,114 728,093

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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

GORDON HARRISON DEVELOPMENTS LTD (REGISTERED NUMBER: 05405850)

BALANCE SHEET - continued
31 March 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:





Mr G A Harrison - Director


GORDON HARRISON DEVELOPMENTS LTD (REGISTERED NUMBER: 05405850)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2025


1. STATUTORY INFORMATION

Gordon Harrison Developments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05405850

Registered office: 9 Heath Croft
Heslington Lane
York
North Yorkshire
YO10 4NJ

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 as modified by the revaluation of certain assets.

These 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable in respect of income received from rental properties.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Current 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.

Cash at bank and in hand
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

GORDON HARRISON DEVELOPMENTS LTD (REGISTERED NUMBER: 05405850)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2025


2. ACCOUNTING POLICIES - continued

Retained earnings
Included within retained earnings are amounts of £703,344 (2024: £697,547) in respect of property revaluations undertaken, less related deferred tax charge thereon. As these profits are unrealised they are not available to be distributed.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 5,491
DEPRECIATION
At 1 April 2024 3,279
Charge for year 639
At 31 March 2025 3,918
NET BOOK VALUE
At 31 March 2025 1,573
At 31 March 2024 2,212

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 840,000
Additions 2,176
Revaluations 37,824
At 31 March 2025 880,000
NET BOOK VALUE
At 31 March 2025 880,000
At 31 March 2024 840,000

The fair value of the investment properties has been arrived at on the basis of a valuation carried
out at 31 March 2025 by the directors of the company.

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2024 30,386
Valuation in 2025 40,000
Cost 809,614
880,000

GORDON HARRISON DEVELOPMENTS LTD (REGISTERED NUMBER: 05405850)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 5,016 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts - 89
Taxation and social security 11,499 8,489
Other creditors 550,972 547,922
562,471 556,500

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary 1 100 100

9. RELATED PARTY DISCLOSURES

Included in other creditors falling due within one year is an amount of £130,692 (2024 - £10,898) from GA & JP Properties Limited, which is repayable on demand. Both companies are controlled by a close family member, Mr G Harrison.