REGISTERED NUMBER: 09736093 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

G and M Property Rentals Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

4

255,000

255,000

CURRENT ASSETS

Debtors

5

569

652

CREDITORS

Amounts falling due within one year

6

43,966

49,552

NET CURRENT LIABILITIES

(43,397

)

(48,900

)

TOTAL ASSETS LESS CURRENT LIABILITIES

211,603

206,100

CREDITORS

Amounts falling due after more than one year

7

(193,455

)

(193,455

)

PROVISIONS FOR LIABILITIES

(5,219

)

(1,881

)

NET ASSETS

12,929

10,764

CAPITAL AND RESERVES

Called up share capital

9

5

5

Fair value reserve

10

27,547

27,547

Retained earnings

(14,623

)

(16,788

)

SHAREHOLDERS' FUNDS

12,929

10,764

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

Mr Mark Perryman - Director

1.	STATUTORY INFORMATION

G and M Property Rentals Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09736093

Registered office:

The Meadows Whale Drove

Whaplode Drove

Spalding

Lincolnshire

PE12 0UB

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.

Significant judgements and estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the rental of investment properties in the ordinary course of the company's activities.

Turnover is recognised on an accruals basis and rents are deferred or accrued where necessary.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors or external valuers. Any changes in fair value are recognised in profit or loss account. This accounting policy is in accordance with FRS102.

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.

Going concern

At the balance sheet date the company had net current liabilities of £43,397 (2024: £48,900) and retained losses of £14,623 (2024: £16,788). The directors have pledged to continue to financially support the company for the foreseeable future. On this basis, the directors feel it is appropriate to prepare these financial statements on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

255,000

NET BOOK VALUE

At 31 August 2025

255,000

At 31 August 2024

255,000

There has been no valuation of investment properties by an independent valuer. The director has considered the market value of the properties and consider that the current value is representative of the market value of the investment properties at the balance sheet date.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

569

652

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 8)

1,928

2,918

Other creditors

42,038

46,634

43,966

49,552

Creditors due within one year include a bank overdraft of £1,928 (2024: £2,918) which is unsecured.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

193,455

193,455

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

193,455

193,455

Creditors include mortgages repayable by instalments of £193,455 (2024: £193,455) due after more than 5 years. These borrowings are owed to Aldermore Bank PLC via a fixed and floating charge over all investment properties owned by the business.

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

1,928

2,918

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

193,455

193,455

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

4

Ordinary A

1

4

4

1

Ordinary B

1

1

1

5

5

Rights, preferences and restrictions

Ordinary A Shares have the following rights, preferences and restrictions:

Full voting and equity rights.

Ordinary B Shares have the following rights, preferences and restrictions:

Full voting and equity rights.

10.

RESERVES

Fair

value

reserve

£

At 1 September 2024

and 31 August 2025

27,547

11.	RELATED PARTY DISCLOSURES

12.	ULTIMATE CONTROLLING PARTY