Acorah Software Products - Accounts Production 16.4.675 false true true false 13 March 2024 31 March 2025 31 March 2025 15558809 Mr Christopher Colby Mrs Gemma Colby Mr Paul Golland Mrs Sharon Golland Golland & Colby Property Services Ltd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15558809 2024-03-12 15558809 2025-03-31 15558809 2024-03-13 2025-03-31 15558809 frs-core:CurrentFinancialInstruments 2025-03-31 15558809 frs-core:Non-currentFinancialInstruments 2025-03-31 15558809 frs-core:ShareCapital 2025-03-31 15558809 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 15558809 frs-bus:PrivateLimitedCompanyLtd 2024-03-13 2025-03-31 15558809 frs-bus:FilletedAccounts 2024-03-13 2025-03-31 15558809 frs-bus:SmallEntities 2024-03-13 2025-03-31 15558809 frs-bus:AuditExempt-NoAccountantsReport 2024-03-13 2025-03-31 15558809 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-13 2025-03-31 15558809 1 2024-03-13 2025-03-31 15558809 frs-bus:Director1 2024-03-13 2025-03-31 15558809 frs-bus:Director2 2024-03-13 2025-03-31 15558809 frs-bus:Director3 2024-03-13 2025-03-31 15558809 frs-bus:Director4 2024-03-13 2025-03-31 15558809 frs-countries:EnglandWales 2024-03-13 2025-03-31
Registered number: 15558809
Gc Investment Property Ltd
Unaudited Financial Statements
For the Period 13 March 2024 to 31 March 2025
Optimise Accountants Ltd
Office 15 Bramley House 2a
Bramley Road
Long Eaton
Nottinghamshire
NG10 3SX
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15558809
31 March 2025
Notes £ £
FIXED ASSETS
Investment Properties 4 300,000
300,000
CURRENT ASSETS
Cash at bank and in hand 2,158
2,158
Creditors: Amounts Falling Due Within One Year 5 (99,197 )
NET CURRENT ASSETS (LIABILITIES) (97,039 )
TOTAL ASSETS LESS CURRENT LIABILITIES 202,961
Creditors: Amounts Falling Due After More Than One Year 6 (215,205 )
NET LIABILITIES (12,244 )
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account (12,344 )
SHAREHOLDERS' FUNDS (12,244)
For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Christopher Colby
Director
09/09/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Gc Investment Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15558809 . The registered office is Office 15 Bramley House 2a, Bramley Road, Long Eaton, Nottinghamshire, NG10 3SX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 4
4
4. Investment Property
31 March 2025
£
Fair Value
As at 13 March 2024 -
Additions 300,000
As at 31 March 2025 300,000
5. Creditors: Amounts Falling Due Within One Year
31 March 2025
£
Amounts owed to participating interests 98,573
Other creditors 624
99,197
Page 2
Page 3
6. Creditors: Amounts Falling Due After More Than One Year
31 March 2025
£
Bank loans 215,205
7. Secured Creditors
Of the creditors the following amounts are secured.
31 March 2025
£
Bank loans and overdrafts 215,205
8. Share Capital
31 March 2025
£
Allotted, Called up and fully paid 100
9. Ultimate Controlling Party
The company's ultimate controlling party is Golland & Colby Property Services Ltd by virtue of its ownership of 100% of the issued share capital in the company. Golland & Colby Property Services Ltd is a company registered in England & Wales.
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