REGISTERED NUMBER: 13254706 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

GJHB Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M D C Bethel

Mrs N M Bethel

REGISTERED OFFICE:

The Mills

Canal Street

Derby

Derbyshire

DE1 2RJ

REGISTERED NUMBER:

13254706 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Investment property

4

925,000

925,000

CURRENT ASSETS

Debtors

5

6,750

20,967

Cash at bank

66,663

306,254

73,413

327,221

CREDITORS

Amounts falling due within one year

6

4,788

3,639

NET CURRENT ASSETS

68,625

323,582

TOTAL ASSETS LESS CURRENT LIABILITIES

993,625

1,248,582

CAPITAL AND RESERVES

Called up share capital

7

1

1,349,800

Fair value reserve

8

14,701

14,701

Retained earnings

8

978,923

(115,919

)

SHAREHOLDERS' FUNDS

993,625

1,248,582

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.

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 9 September 2025 and were signed on its behalf by:

Mrs N M Bethel - Director

1.	STATUTORY INFORMATION

GJHB 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 as modified by the revaluation of certain assets.

Turnover

Turnover is the invoiced value of rents receivable during the period and is recognised in the period to which it relates to.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investment property

Investment properties are not depreciated but revalued annually at their fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss and transferred to a fair value reserve.

Deferred tax is provided on gains at the rate expected to apply when properties are sold.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

925,000

NET BOOK VALUE

At 31 March 2025

925,000

At 31 March 2024

925,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

925,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

910,299

910,299

Aggregate depreciation

(66,878

)

(48,378

)

Investment property was valued on fair value basis on 31 March 2025 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,809

19,759

Prepayments

2,941

1,208

6,750

20,967

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,655

-

Social security and other taxes

1,438

2,123

Accrued expenses

1,695

1,516

4,788

3,639

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1,349,800

On 16 September 2024 the Company issued 103,343 £1 Ordinary shares.

On 31 January 2025 the Company reduced its issued share capital from £1,453,143 to £1 in accordance with the Companies Act 2006. The reduction was effected by cancelling £1,453,142 of paid-up share capital. The amount cancelled has been transferred to profit and loss reserve.

8.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2024

(115,919

)

14,701

(101,218

)

Profit for the year

41,700

41,700

Dividends

(400,000

)

(400,000

)

Reduction in share capital

1,453,142

-

1,453,142

At 31 March 2025

978,923

14,701

993,624