2024-01-01 2024-12-31 2024-12-31 false 11743296 GC PROPERTY HOLDINGS LIMITED 2025-10-07 false iso4217:GBP xbrli:pure 11743296 2023-12-31 11743296 2024-12-31 11743296 2024-01-01 2024-12-31 11743296 2022-12-31 11743296 2023-12-31 11743296 2023-01-01 2023-12-31 11743296 bus:SmallEntities 2024-01-01 2024-12-31 11743296 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11743296 bus:FullAccounts 2024-01-01 2024-12-31 11743296 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11743296 core:WithinOneYear 2024-12-31 11743296 core:AfterOneYear 2024-12-31 11743296 core:WithinOneYear 2023-12-31 11743296 core:AfterOneYear 2023-12-31 11743296 core:ShareCapital 2024-12-31 11743296 core:SharePremium 2024-12-31 11743296 core:RevaluationReserve 2024-12-31 11743296 core:OtherReservesSubtotal 2024-12-31 11743296 core:RetainedEarningsAccumulatedLosses 2024-12-31 11743296 core:ShareCapital 2023-12-31 11743296 core:SharePremium 2023-12-31 11743296 core:RevaluationReserve 2023-12-31 11743296 core:OtherReservesSubtotal 2023-12-31 11743296 core:RetainedEarningsAccumulatedLosses 2023-12-31 11743296 core:LandBuildings 2024-12-31 11743296 core:PlantMachinery 2024-12-31 11743296 core:Vehicles 2024-12-31 11743296 core:FurnitureFittings 2024-12-31 11743296 core:OfficeEquipment 2024-12-31 11743296 core:NetGoodwill 2024-12-31 11743296 core:IntangibleAssetsOtherThanGoodwill 2024-12-31 11743296 core:ListedExchangeTraded 2024-12-31 11743296 core:UnlistedNon-exchangeTraded 2024-12-31 11743296 core:LandBuildings 2023-12-31 11743296 core:PlantMachinery 2023-12-31 11743296 core:Vehicles 2023-12-31 11743296 core:FurnitureFittings 2023-12-31 11743296 core:OfficeEquipment 2023-12-31 11743296 core:NetGoodwill 2023-12-31 11743296 core:IntangibleAssetsOtherThanGoodwill 2023-12-31 11743296 core:ListedExchangeTraded 2023-12-31 11743296 core:UnlistedNon-exchangeTraded 2023-12-31 11743296 core:LandBuildings 2024-01-01 2024-12-31 11743296 core:PlantMachinery 2024-01-01 2024-12-31 11743296 core:Vehicles 2024-01-01 2024-12-31 11743296 core:FurnitureFittings 2024-01-01 2024-12-31 11743296 core:OfficeEquipment 2024-01-01 2024-12-31 11743296 core:NetGoodwill 2024-01-01 2024-12-31 11743296 core:IntangibleAssetsOtherThanGoodwill 2024-01-01 2024-12-31 11743296 core:ListedExchangeTraded 2024-01-01 2024-12-31 11743296 core:UnlistedNon-exchangeTraded 2024-01-01 2024-12-31 11743296 core:MoreThanFiveYears 2024-01-01 2024-12-31 11743296 core:Non-currentFinancialInstruments 2024-12-31 11743296 core:Non-currentFinancialInstruments 2023-12-31 11743296 dpl:CostSales 2024-01-01 2024-12-31 11743296 dpl:DistributionCosts 2024-01-01 2024-12-31 11743296 core:LandBuildings 2024-01-01 2024-12-31 11743296 core:PlantMachinery 2024-01-01 2024-12-31 11743296 core:Vehicles 2024-01-01 2024-12-31 11743296 core:FurnitureFittings 2024-01-01 2024-12-31 11743296 core:OfficeEquipment 2024-01-01 2024-12-31 11743296 dpl:AdministrativeExpenses 2024-01-01 2024-12-31 11743296 core:NetGoodwill 2024-01-01 2024-12-31 11743296 core:IntangibleAssetsOtherThanGoodwill 2024-01-01 2024-12-31 11743296 dpl:GroupUndertakings 2024-01-01 2024-12-31 11743296 dpl:ParticipatingInterests 2024-01-01 2024-12-31 11743296 dpl:GroupUndertakings core:ListedExchangeTraded 2024-01-01 2024-12-31 11743296 core:ListedExchangeTraded 2024-01-01 2024-12-31 11743296 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-01-01 2024-12-31 11743296 core:UnlistedNon-exchangeTraded 2024-01-01 2024-12-31 11743296 dpl:CostSales 2023-01-01 2023-12-31 11743296 dpl:DistributionCosts 2023-01-01 2023-12-31 11743296 core:LandBuildings 2023-01-01 2023-12-31 11743296 core:PlantMachinery 2023-01-01 2023-12-31 11743296 core:Vehicles 2023-01-01 2023-12-31 11743296 core:FurnitureFittings 2023-01-01 2023-12-31 11743296 core:OfficeEquipment 2023-01-01 2023-12-31 11743296 dpl:AdministrativeExpenses 2023-01-01 2023-12-31 11743296 core:NetGoodwill 2023-01-01 2023-12-31 11743296 core:IntangibleAssetsOtherThanGoodwill 2023-01-01 2023-12-31 11743296 dpl:GroupUndertakings 2023-01-01 2023-12-31 11743296 dpl:ParticipatingInterests 2023-01-01 2023-12-31 11743296 dpl:GroupUndertakings core:ListedExchangeTraded 2023-01-01 2023-12-31 11743296 core:ListedExchangeTraded 2023-01-01 2023-12-31 11743296 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-01-01 2023-12-31 11743296 core:UnlistedNon-exchangeTraded 2023-01-01 2023-12-31 11743296 core:NetGoodwill 2024-12-31 11743296 core:IntangibleAssetsOtherThanGoodwill 2024-12-31 11743296 core:LandBuildings 2024-12-31 11743296 core:PlantMachinery 2024-12-31 11743296 core:Vehicles 2024-12-31 11743296 core:FurnitureFittings 2024-12-31 11743296 core:OfficeEquipment 2024-12-31 11743296 core:AfterOneYear 2024-12-31 11743296 core:WithinOneYear 2024-12-31 11743296 core:ListedExchangeTraded 2024-12-31 11743296 core:UnlistedNon-exchangeTraded 2024-12-31 11743296 core:ShareCapital 2024-12-31 11743296 core:SharePremium 2024-12-31 11743296 core:RevaluationReserve 2024-12-31 11743296 core:OtherReservesSubtotal 2024-12-31 11743296 core:RetainedEarningsAccumulatedLosses 2024-12-31 11743296 core:NetGoodwill 2023-12-31 11743296 core:IntangibleAssetsOtherThanGoodwill 2023-12-31 11743296 core:LandBuildings 2023-12-31 11743296 core:PlantMachinery 2023-12-31 11743296 core:Vehicles 2023-12-31 11743296 core:FurnitureFittings 2023-12-31 11743296 core:OfficeEquipment 2023-12-31 11743296 core:AfterOneYear 2023-12-31 11743296 core:WithinOneYear 2023-12-31 11743296 core:ListedExchangeTraded 2023-12-31 11743296 core:UnlistedNon-exchangeTraded 2023-12-31 11743296 core:ShareCapital 2023-12-31 11743296 core:SharePremium 2023-12-31 11743296 core:RevaluationReserve 2023-12-31 11743296 core:OtherReservesSubtotal 2023-12-31 11743296 core:RetainedEarningsAccumulatedLosses 2023-12-31 11743296 core:NetGoodwill 2022-12-31 11743296 core:IntangibleAssetsOtherThanGoodwill 2022-12-31 11743296 core:LandBuildings 2022-12-31 11743296 core:PlantMachinery 2022-12-31 11743296 core:Vehicles 2022-12-31 11743296 core:FurnitureFittings 2022-12-31 11743296 core:OfficeEquipment 2022-12-31 11743296 core:AfterOneYear 2022-12-31 11743296 core:WithinOneYear 2022-12-31 11743296 core:ListedExchangeTraded 2022-12-31 11743296 core:UnlistedNon-exchangeTraded 2022-12-31 11743296 core:ShareCapital 2022-12-31 11743296 core:SharePremium 2022-12-31 11743296 core:RevaluationReserve 2022-12-31 11743296 core:OtherReservesSubtotal 2022-12-31 11743296 core:RetainedEarningsAccumulatedLosses 2022-12-31 11743296 core:AfterOneYear 2024-01-01 2024-12-31 11743296 core:WithinOneYear 2024-01-01 2024-12-31 11743296 core:Non-currentFinancialInstruments core:CostValuation 2024-01-01 2024-12-31 11743296 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-01-01 2024-12-31 11743296 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-01-01 2024-12-31 11743296 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-01-01 2024-12-31 11743296 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-01-01 2024-12-31 11743296 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-01-01 2024-12-31 11743296 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-01-01 2024-12-31 11743296 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-01-01 2024-12-31 11743296 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-01-01 2024-12-31 11743296 core:Non-currentFinancialInstruments core:CostValuation 2024-12-31 11743296 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-12-31 11743296 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-12-31 11743296 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-12-31 11743296 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-12-31 11743296 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-12-31 11743296 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-12-31 11743296 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-12-31 11743296 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-12-31 11743296 core:Non-currentFinancialInstruments core:CostValuation 2023-12-31 11743296 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2023-12-31 11743296 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2023-12-31 11743296 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2023-12-31 11743296 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2023-12-31 11743296 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2023-12-31 11743296 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2023-12-31 11743296 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2023-12-31 11743296 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2023-12-31 11743296 bus:Director1 2024-01-01 2024-12-31 11743296 bus:Director2 2024-01-01 2024-12-31 11743296 core:FurnitureFittingsToolsEquipment 2023-12-31 11743296 core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 11743296 core:FurnitureFittingsToolsEquipment 2024-12-31

GC PROPERTY HOLDINGS LIMITED

Registered Number
11743296
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2024

GC PROPERTY HOLDINGS LIMITED
Company Information
for the year from 1 January 2024 to 31 December 2024

Directors | CORRIGAN, Clair Louise
| GIBLIN, Aaron Joseph

Registered Address | Office One
| 1 Coldbath Square
| London
| EC1R 5HL

Registered Number | 11743296 (England and Wales)

GC PROPERTY HOLDINGS LIMITED
Balance Sheet as at
31 December 2024

| Notes | 2024 |  | 2023
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Tangible assets | 3 |  |  | 4,264 |  |  |  | 9,239
|  |  |  | 4,264 |  |  |  | 9,239
Current assets |  |  |  |  |  |  |  |
Debtors | 4,5 | 10,147 |  |  |  | 15,914 |  |
Cash at bank and on hand |  | 5,033 |  |  |  | 7,069 |  |
|  | 15,180 |  |  |  | 22,983 |  |
Creditors amounts falling due within one year | 6 | (231,844) |  |  |  | (173,765) |  |
Net current assets (liabilities) |  |  |  | (216,664) |  |  |  | (150,782)
Total assets less current liabilities |  |  |  | (212,400) |  |  |  | (141,543)
Creditors amounts falling due after one year | 7 |  |  | (22,958) |  |  |  | (46,047)
Net assets |  |  |  | (235,358) |  |  |  | (187,590)
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 2 |  |  |  | 2
Profit and loss account |  |  |  | (235,360) |  |  |  | (187,592)
Shareholders' funds |  |  |  | (235,358) |  |  |  | (187,590)

- The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 7 October 2025, and are signed on its behalf by:
GIBLIN, Aaron Joseph Director Registered Company No. 11743296

GC PROPERTY HOLDINGS LIMITED
Notes to the Financial Statements
for the year ended 31 December 2024

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

| Revenue from sale of goods
--- | ---
| Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

| Employee benefits
--- | ---
| Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

| Foreign currency translation
--- | ---
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

| Tangible fixed assets and depreciation
--- | ---
| All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

|  | Straight line (years)
| Fixtures and fittings | 5

| Trade and other debtors
--- | ---
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

| Trade and other creditors
--- | ---
| At the year-end, the company owed £[Amount] to group undertakings. These balances arise from payments made between group companies to settle shared expenses, such as rent and administrative costs. The amounts are unsecured, interest-free, and repayable on demand. Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2. | Average number of employees
--- | ---

|  | 2024 |  | 2023
| Average number of employees during the year | 0 |  | 2

3. | Tangible fixed assets
--- | ---

|  | Fixtures & fittings |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 January 24 | 30,841 |  | 30,841
| Additions | 1,492 |  | 1,492
| At 31 December 24 | 32,333 |  | 32,333
| Depreciation and impairment
| At 01 January 24 | 21,602 |  | 21,602
| Charge for year | 6,467 |  | 6,467
| At 31 December 24 | 28,069 |  | 28,069
| Net book value
| At 31 December 24 | 4,264 |  | 4,264
| At 31 December 23 | 9,239 |  | 9,239

4. | Debtors: amounts due within one year
--- | ---

|  | 2024 |  | 2023
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade debtors / trade receivables | 18 |  | -
| Total | 18 |  | -

| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans, accrued income and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

5. | Debtors: amounts due after one year
--- | ---

|  | 2024 |  | 2023
--- | --- | --- | --- | ---
|  | £ |  | £
| Other debtors | 10,129 |  | 15,914
| Total | 10,129 |  | 15,914

| Long-term debtors are initially measured at the transaction price, typically the invoiced amount, less any impairment for bad or doubtful debts. This category includes tenant deposits held by the company and those placed with the Deposit Protection Scheme (DPS). Loans and other financial assets are initially recognized at their transaction price, inclusive of any associated transaction costs, and subsequently measured at amortized cost using the effective interest method, net of any impairment for bad or doubtful debts.

6. | Creditors: amounts due within one year
--- | ---

|  | 2024 |  | 2023
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 3,085 |  | 1,686
| Bank borrowings and overdrafts | 3,166 |  | 6,353
| Amounts owed to related parties | 213,444 |  | 153,136
| Taxation and social security | 1,333 |  | 4,578
| Other creditors | 3,966 |  | 5,312
| Accrued liabilities and deferred income | 6,850 |  | 2,700
| Total | 231,844 |  | 173,765

| Short term creditors are initially recognized at the transaction price, typically the invoiced amount, and subsequently measured at amortized cost, using the effective interest method where applicable. This includes amounts owed to suppliers, accruals, deferred income and other financial liabilities. It also includes tenant deposits held by the company and those placed with the Deposit Protection Scheme (DPS). Financial liabilities and deferred income are reviewed periodically for impairment and adjusted according

7. | Creditors: amounts due after one year
--- | ---

|  | 2024 |  | 2023
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 9,283 |  | 17,157
| Other creditors | 13,675 |  | 28,890
| Total | 22,958 |  | 46,047

| Creditors are initially recognized at the transaction price, typically the invoiced amount, and subsequently measured at amortized cost, using the effective interest method where applicable. This includes amounts owed to other financial liabilities. It also includes tenant deposits held by the company and those placed with the Deposit Protection Scheme (DPS). Financial liabilities are reviewed periodically for impairment and adjusted accordingly.