GH Burgers Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14274074

GH Burgers Limited

Filleted Financial Statements

31 December 2024

GH Burgers Limited

Statement of Financial Position

31 December 2024

	31 Dec 24	31 Aug 24
Note	£	£

Fixed assets

Intangible assets	5	278,549	230,912
Tangible assets	6	2,066,228	857,980
		------------	------------
		2,344,777	1,088,892

Current assets

Stocks		21,708	–
Debtors	7	160,648	32,381
Cash at bank and in hand		618,735	414,510
		---------	---------
		801,091	446,891

Creditors: amounts falling due within one year	8	2,205,029	830,309
		------------	---------
Net current liabilities		1,403,938	383,418
		------------	------------
Total assets less current liabilities		940,839	705,474

Creditors: amounts falling due after more than one year	9	1,212,048	560,635
		------------	---------
Net (liabilities)/assets		( 271,209)	144,839
		------------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 271,309)	144,739
	---------	---------
Shareholders (deficit)/funds	( 271,209)	144,839
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 3 September 2025 , and are signed on behalf of the board by:

A S Goussous

Director

Company registration number: 14274074

GH Burgers Limited

Notes to the Financial Statements

Period from 1 September 2024 to 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite L4 & L5 Boston House, 69-75 Boston Manor Road, Brentford, Middlesex, TW8 9JJ, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Franchise Fees	-	Over their estimates useful life of 20 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Short leasehold property	-	Over the life of the lease
Plant and machinery	-	10% reducing balance
Fixtures and fittings	-	10% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 41 (2024: 41 ).

5. Intangible assets

	Franchise Fee
	£
Cost
At 1 September 2024	238,658
Additions	48,948
	---------
At 31 December 2024	287,606
	---------
Amortisation
At 1 September 2024	7,746
Charge for the period	1,311
	---------
At 31 December 2024	9,057
	---------
Carrying amount
At 31 December 2024	278,549
	---------
At 31 August 2024	230,912
	---------

6. Tangible assets

	Short leasehold property	Plant and machinery	Fixtures and fittings	Total
	£	£	£	£
Cost
At 1 September 2024	472,764	359,497	50,160	882,421
Additions	751,494	418,952	69,227	1,239,673
	------------	---------	---------	------------
At 31 December 2024	1,224,258	778,449	119,387	2,122,094
	------------	---------	---------	------------
Depreciation
At 1 September 2024	6,335	16,318	1,788	24,441
Charge for the period	24,297	5,264	1,864	31,425
	------------	---------	---------	------------
At 31 December 2024	30,632	21,582	3,652	55,866
	------------	---------	---------	------------
Carrying amount
At 31 December 2024	1,193,626	756,867	115,735	2,066,228
	------------	---------	---------	------------
At 31 August 2024	466,429	343,179	48,372	857,980
	------------	---------	---------	------------

7. Debtors

	31 Dec 24	31 Aug 24
	£	£
Other debtors	160,648	32,381
	---------	--------

8. Creditors: amounts falling due within one year

	31 Dec 24	31 Aug 24
	£	£
Bank loans and overdrafts	254,795	118,559
Trade creditors	473,822	312,660
Amounts owed to group undertakings and undertakings in which the company has a participating interest	70,973	100,008
Social security and other taxes	17,097	6,174
Other creditors	1,388,342	292,908
	------------	---------
	2,205,029	830,309
	------------	---------

9. Creditors: amounts falling due after more than one year

	31 Dec 24	31 Aug 24
	£	£
Bank loans and overdrafts	1,203,248	560,635
Amounts owed to group undertakings and undertakings in which the company has a participating interest	8,800	–
	------------	---------
	1,212,048	560,635
	------------	---------

10. Summary audit opinion

The auditor's report dated 3 September 2025 was unqualified .

The senior statutory auditor was Stephen Foster , for and on behalf of Moore Kingston Smith LLP .

11. Directors' advances, credits and guarantees

During the period the directors entered into the following advances and credits with the company:

	31 Dec 24
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
A S Goussous	( 169,269)	( 129,970)	( 299,239)
M Saffouri	( 88,889)	–	( 88,889)
	---------	---------	---------
	( 258,158)	( 129,970)	( 388,128)
	---------	---------	---------

	31 Aug 24
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
A S Goussous	–	( 169,269)	( 169,269)
M Saffouri	–	( 88,889)	( 88,889)
	----	---------	---------
	–	( 258,158)	( 258,158)
	----	---------	---------

12. Controlling party

Goussous Holdings Limited is the immediate parent undertaking, and the smallest and largest company to prepare consolidated accounts which consolidate GH Burgers Limited . The consolidated accounts for Goussous Holdings Limited can be obtained from its registered office: Suite L4 & L5, Boston House, 69-75 Boston Manor Road, Brentford, Middlesex, United Kingdom, TW8 9JJ. The company's controlling party is Goussous Holdings Limited.