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REGISTERED NUMBER: 15048741 (England and Wales)














ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GOLDEN FERN LTD

GOLDEN FERN LTD (REGISTERED NUMBER: 15048741)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


GOLDEN FERN LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr Richard Michalski
Ms Johanna Marianne Thidling





REGISTERED OFFICE: c/o Michael Filiou Ltd
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 15048741 (England and Wales)





ACCOUNTANTS: Michael Filiou Ltd
Chartered Certified Accountants
www.michaelfiliou.com
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS

GOLDEN FERN LTD (REGISTERED NUMBER: 15048741)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 6,842,748 -

CURRENT ASSETS
Debtors 11,532 -
Cash at bank and in hand 89,481 900
101,013 900
CREDITORS
Amounts falling due within one year 51,741 -
NET CURRENT ASSETS 49,272 900
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,892,020

900

CREDITORS
Amounts falling due after more than one year 5 6,784,150 -
NET ASSETS 107,870 900

CAPITAL AND RESERVES
Called up share capital 7 900 900
Retained earnings 106,970 -
SHAREHOLDERS' FUNDS 107,870 900

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.

GOLDEN FERN LTD (REGISTERED NUMBER: 15048741)

ABRIDGED STATEMENT OF FINANCIAL POSITION - 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2025 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 6 August 2025 and were signed on its behalf by:




Mr Richard Michalski - Director



Ms Johanna Marianne Thidling - Director


GOLDEN FERN LTD (REGISTERED NUMBER: 15048741)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Golden Fern 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.

Turnover
Turnover represents rental income from investment properties owned by company.

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 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 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 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.

3. EMPLOYEES AND DIRECTORS

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

GOLDEN FERN LTD (REGISTERED NUMBER: 15048741)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 6,842,748
At 31 March 2025 6,842,748
NET BOOK VALUE
At 31 March 2025 6,842,748

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2025 2024
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 1,768,500 -

6. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 1,798,500 -

The bank loan is secured against the investment property of the company in favour of the lender. The loan is repayable over the period of 5 years from 9 April 2024. Interest is chargeable on the amounts drawn under the facility at GBP Libor three months plus margin of 2.50% per annum.

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
900 Ordinary £1 900 900

GOLDEN FERN LTD (REGISTERED NUMBER: 15048741)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


8. RELATED PARTY DISCLOSURES

During the year, the company acquired properties from Mr Richard Michalski, a director of the company at the value of £4,372,748. Additionally, the company also during the year acquired property from Ms Johanna Marianne Thidling also a director of the company at the value of £2,470,000. These transactions were carried out at arm's length and on normal commercial terms. The purchase price of the property was supported by independent valuations to ensure that the consideration reflected the fair market value of the properties at the date of transfer.

Loan from directors:
At the reporting date, the company owed to the directors Mr Richard Michalski £3,221,102 and Ms Johanna Marianne Thidling £1,770,548. These are unsecured and interest-free loans.

9. ULTIMATE CONTROLLING PARTY

The controlling party is the directors, Mr Richard Michalski and Mrs Marianne Johanna Thidling.

They control the company by virtue of the fact that they hold 100% of the issued share capital of the company.