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REGISTERED NUMBER: 14660468 (England and Wales)












GJM DEVELOPMENTS LIMITED

Unaudited Financial Statements

for the Year Ended 28 February 2025






GJM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 14660468)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GJM DEVELOPMENTS LIMITED

Company Information
for the Year Ended 28 February 2025







DIRECTORS: G J Hugall
M J Hugall





REGISTERED OFFICE: Brook Meadow Cottage
Mid-Holmwood Lane
Mid Holmwood
Dorking
Surrey
RH5 4HE





REGISTERED NUMBER: 14660468 (England and Wales)





ACCOUNTANTS: The Bailey Partnership
Chartered Accountants
The Old Mill, Kings Mill
Kings Mill Lane
South Nutfield
Surrey
RH1 5NB

GJM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 14660468)

Balance Sheet
28 February 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 124,515 10,724
Investment property 5 290,809 120,124
415,324 130,848

CURRENT ASSETS
Debtors 6 344,913 671
Cash at bank 6,850 339
351,763 1,010
CREDITORS
Amounts falling due within one year 7 803,445 143,451
NET CURRENT LIABILITIES (451,682 ) (142,441 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(36,358

)

(11,593

)

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 (36,360 ) (11,595 )
SHAREHOLDERS' FUNDS (36,358 ) (11,593 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2025 and were signed on its behalf by:




G J Hugall - Director


GJM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 14660468)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

GJM Developments 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.

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.
Improvements to property - not provided
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

Fixed assets do not require replacement of parts or the cost of major inspections to be recognised separately.

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 Statement of Income and Retained Earnings, 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.

Holiday pay
No liability is recognised in respect of holiday pay as employees are unable to carry forward holiday into future periods.

GJM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 14660468)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 March 2024 10,244 - 640 10,884
Additions 104,536 12,500 - 117,036
At 28 February 2025 114,780 12,500 640 127,920
DEPRECIATION
At 1 March 2024 - - 160 160
Charge for year - 3,125 120 3,245
At 28 February 2025 - 3,125 280 3,405
NET BOOK VALUE
At 28 February 2025 114,780 9,375 360 124,515
At 29 February 2024 10,244 - 480 10,724

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2024 120,124
Additions 170,685
At 28 February 2025 290,809
NET BOOK VALUE
At 28 February 2025 290,809
At 29 February 2024 120,124

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 94 -
Amounts owed by group undertakings 343,500 -
VAT 1,319 671
344,913 671

GJM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 14660468)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other creditors 30 -
Directors' loan accounts 802,140 142,351
Accrued expenses 1,275 1,100
803,445 143,451

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Retained
earnings
£   

At 1 March 2024 (11,595 )
Deficit for the year (24,765 )
At 28 February 2025 (36,360 )