IRIS Accounts Production v25.1.4.42 11426017 Board of Directors 1.1.24 31.12.24 31.12.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh114260172023-12-31114260172024-12-31114260172024-01-012024-12-31114260172022-12-31114260172023-01-012023-12-31114260172023-12-3111426017ns15:EnglandWales2024-01-012024-12-3111426017ns14:PoundSterling2024-01-012024-12-3111426017ns10:Director12024-01-012024-12-3111426017ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3111426017ns10:SmallEntities2024-01-012024-12-3111426017ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3111426017ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3111426017ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3111426017ns10:FullAccounts2024-01-012024-12-3111426017ns10:Director22024-01-012024-12-3111426017ns10:Director32024-01-012024-12-3111426017ns10:RegisteredOffice2024-01-012024-12-3111426017ns5:CurrentFinancialInstruments2024-12-3111426017ns5:CurrentFinancialInstruments2023-12-3111426017ns5:Non-currentFinancialInstruments2024-12-3111426017ns5:Non-currentFinancialInstruments2023-12-3111426017ns5:ShareCapital2024-12-3111426017ns5:ShareCapital2023-12-3111426017ns5:RetainedEarningsAccumulatedLosses2024-12-3111426017ns5:RetainedEarningsAccumulatedLosses2023-12-3111426017ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3111426017ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 11426017 (England and Wales)
















G&H PROPERTY GROUP LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






G&H PROPERTY GROUP LTD (REGISTERED NUMBER: 11426017)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G&H PROPERTY GROUP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: G A Kelly
M A Craven
D A Davis





REGISTERED OFFICE: Firlands Mill
South Parade
Pudsey
West Yorkshire
LS28 8AD





REGISTERED NUMBER: 11426017 (England and Wales)





ACCOUNTANTS: UHY BPR Heaton
Chartered Accountants
Glenewes House
Gate Way Drive
Leeds
West Yorkshire
LS19 7XY

G&H PROPERTY GROUP LTD (REGISTERED NUMBER: 11426017)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 297,144 297,144

CURRENT ASSETS
Debtors 5 18,659 126,939
Cash at bank 763 4,211
19,422 131,150
CREDITORS
Amounts falling due within one year 6 9,495 145,026
NET CURRENT ASSETS/(LIABILITIES) 9,927 (13,876 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

307,071

283,268

CREDITORS
Amounts falling due after more than one
year

7

285,000

285,000
NET ASSETS/(LIABILITIES) 22,071 (1,732 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 21,971 (1,832 )
SHAREHOLDERS' FUNDS 22,071 (1,732 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

G&H PROPERTY GROUP LTD (REGISTERED NUMBER: 11426017)

BALANCE SHEET - continued
31 DECEMBER 2024


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 22 July 2025 and were signed on its behalf by:





M A Craven - Director


G&H PROPERTY GROUP LTD (REGISTERED NUMBER: 11426017)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

G&H Property Group Ltd 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 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.

The financial statements are presented in sterling which is the functional currency of the company rounded to the nearest pound.

Investment property
Investment property is shown at cost which is considered by the director to be a fair valuation.

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial assets and liabilities are initially measured at transaction price, except for those financial assets classified as at fair value through profit or loss.

Basic financial instruments
Basic financial instruments are those with relatively straight forward terms and would normally include cash, bank balances, trade debtors, trade creditors and uncomplicated bank loans.

Where the arrangement does not constitute a financing transaction, e.g. trade debtors on normal commercial terms, the debtor will be valued initially at transaction price (i.e. cost) and subsequently at transaction price less impairment (if any) due to concerns over recoverability.

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.

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.

G&H PROPERTY GROUP LTD (REGISTERED NUMBER: 11426017)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Income
Income represents gross rents receivable over the terms of the lease when due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 297,144
NET BOOK VALUE
At 31 December 2024 297,144
At 31 December 2023 297,144

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 18,000 -
Other debtors 659 126,939
18,659 126,939

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 47 1,875
Taxation and social security 7,745 -
Other creditors 1,703 143,151
9,495 145,026

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 285,000 285,000

8. RELATED PARTY DISCLOSURES

Included in creditors is an interest free unsecured loan in the sum of £285,000 due to a company controlled by the directors.