REGISTERED NUMBER: 10742422 (England and Wales)

GOSHEN PROPERTY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Markey

SECRETARY:

K E Markey

REGISTERED OFFICE:

75 Ormonds Close

Bradley Stoke

Bristol

BS32 0DT

REGISTERED NUMBER:

10742422 (England and Wales)

ACCOUNTANTS:

Green & Co

Chartered Certified Accountants

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

2,090

2,682

Investment property

5

195,000

188,000

197,090

190,682

CURRENT ASSETS

Debtors

6

660

3,496

Cash at bank

3,354

-

4,014

3,496

CREDITORS

Amounts falling due within one year

7

52,479

60,928

NET CURRENT LIABILITIES

(48,465

)

(57,432

)

TOTAL ASSETS LESS CURRENT LIABILITIES

148,625

133,250

CREDITORS

Amounts falling due after more than one year

8

(141,494

)

(142,806

)

PROVISIONS FOR LIABILITIES

(1,619

)

(378

)

NET ASSETS/(LIABILITIES)

5,512

(9,934

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Revaluation reserve

10

5,670

-

Retained earnings

(258

)

(10,034

)

SHAREHOLDERS' FUNDS

5,512

(9,934

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 has not been delivered.

The financial statements were approved by the director and authorised for issue on 18th September 2025 and were signed by:

G Markey - Director

1.	STATUTORY INFORMATION

Goshen Property 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 as modified by the revaluation of certain assets.

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.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

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 Profit and Loss, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1st May 2024

3,755

3,044

1,190

7,989

Additions

368

70

-

438

At 30th April 2025

4,123

3,114

1,190

8,427

DEPRECIATION

At 1st May 2024

2,869

1,827

611

5,307

Charge for year

301

613

116

1,030

At 30th April 2025

3,170

2,440

727

6,337

NET BOOK VALUE

At 30th April 2025

953

674

463

2,090

At 30th April 2024

886

1,217

579

2,682

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st May 2024

188,000

Revaluations

7,000

At 30th April 2025

195,000

NET BOOK VALUE

At 30th April 2025

195,000

At 30th April 2024

188,000

Fair value at 30th April 2025 is represented by:

£

Valuation in 2025

7,000

Cost

188,000

195,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

660

2,400

Prepayments

-

1,096

660

3,496

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,310

4,053

Corporation Tax

2,096

-

Other creditors

1,500

1,628

Directors' current accounts

46,582

53,809

Accruals and deferred income

991

1,438

52,479

60,928

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

1,422

Bank loans more 5 yrs non-inst

141,494

141,384

141,494

142,806

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

141,494

141,384

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

100

10.

RESERVES

Revaluation

reserve

£

Revaluation

7,000

Deferred tax

(1,330

)

At 30th April 2025

5,670