John Gore Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02401706 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JOHN GORE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Gore

SECRETARY:

R A Reed

REGISTERED OFFICE:

2 The Maltings

Portcullis Lane

Ludlow

SY8 1PZ

REGISTERED NUMBER:

02401706 (England and Wales)

ACCOUNTANTS:

Oury Clark Chartered Accountants

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

FIXED ASSETS

Tangible assets

4

5,056,054

Investments

5

15,296,526

20,352,580

CURRENT ASSETS

Debtors

6

2,899,573

2,998,873

Cash at bank

480,275

504,360

3,379,848

3,503,233

CREDITORS

Amounts falling due within one year

7

24,224,708

24,322,984

NET CURRENT LIABILITIES

(20,844,860

)

(20,819,751

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(492,280

)

(467,171

)

PROVISIONS FOR LIABILITIES

8,283

NET LIABILITIES

(500,563

)

(475,454

)

CAPITAL AND RESERVES

Called up share capital

8

3

Retained earnings

(500,566

)

(475,457

)

SHAREHOLDERS' FUNDS

(500,563

)

(475,454

)

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 September 2025 and were signed by:

J Gore - Director

1.	STATUTORY INFORMATION

John Gore 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.

The financial statements have been prepared on a going concern basis as John Gore, the Shareholder, has confirmed that he will continue to support the company, as required, for a period of at least 12 months and 1 day from the date of this report.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets

Tangible fixed assets are initially measured at cost. After initial recognition, tangible fixed assets are measured at cost less any accumulated depreciation and any impairment losses. The asset will be depreciated on a straight line basis over a period between 20 and 50 years once it's been brought into use.

Financial instruments

Basic Financial Instruments as covered by Section 11 of FRS 102 are measured at amortised cost. The company does not have any Other Financial Instruments as covered by Section 12 of FRS 102.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments in subsidiaries

Investments are held at the lower of cost and net realisable value. Impairment reviews are undertaken annually and if required, investments are impaired to their net realisable value with a resultant charge to the income statement.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2024

and 31 March 2025

5,056,054

NET BOOK VALUE

At 31 March 2025

5,056,054

At 31 March 2024

5,056,054

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

15,296,526

NET BOOK VALUE

At 31 March 2025

15,296,526

At 31 March 2024

15,296,526

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Amounts owed by group undertakings

1,383,532

1,150,907

Other debtors

1,516,041

1,847,966

2,899,573

2,998,873

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

44,502

-

Other creditors & accruals

24,180,206

24,322,984

24,224,708

24,322,984

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

3

Ordinary

£1

3

9.	RELATED PARTY DISCLOSURES

During the prior period the company provided a loan to Hammer Films and Productions Holdings Limited, a related company through similar control. As at the year end the balance due from Hammer Films and Productions Holdings Limited was £741,209 (2024: £545,605). This loan was effectively provided by the ultimate controlling party, John Gore, through the company to the related party.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is J Gore.

11.	SECURITIES NOTE

The company had the following charges satisfied in the year:

- The company has created a fixed and floating charge over the undertaking and all property and assets present and future all in favour of Morgan Guaranty Trust Company of New York. Satisfied on 4 September 2024.

- The company has assigned the policy and all monies, bonuses, profits, additions and benefits already accrued or which may accrue in favour of Morgan Guaranty Trust Company of New York. Satisfied on 4 September 2024.

- The company has assigned all right title benefit and interest in and to the assigned contracts and all sums payable thereunder in favour of Morgan Guaranty Trust Company of New York. Satisfied on 4 September 2024.

The company has the following outstanding charges:

- The company has created a fixed charge over deed of charge over credit balances in favour of Barclays Bank PLC.

- The company has assigned all right, title, benefit and interest into the assigned contracts and the charges account with all balances to its credit in favour of Barclays Bank PLC.

- The company has fixed and floating charges over the undertaking and all property and assets present and future all in favour of Barclays Bank PLC.

- The company has fixed and floating charges over the undertaking and all property and assets present and future in the favour of Barclays Bank PLC.