Company registration number 03023272 (England and Wales)
G.H.H.C. LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
G.H.H.C. LIMITED
COMPANY INFORMATION
Director
N. Wengrowe
Secretary
R. Wengrowe
Company number
03023272
Registered office
5 Technology Park
Colindeep Lane
London
United Kingdom
NW9 6BX
Accountants
Grunberg & Co Limited
5 Technology Park
Colindeep Lane
Colindale
London
United Kingdom
NW9 6BX
G.H.H.C. LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
G.H.H.C. LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
765,828
786,088
Current assets
Debtors
4
19,586
19,586
Cash at bank and in hand
26,298
66,687
45,884
86,273
Creditors: amounts falling due within one year
6
(167,247)
(170,091)
Net current liabilities
(121,363)
(83,818)
Total assets less current liabilities
644,465
702,270
Creditors: amounts falling due after more than one year
5
(8,565)
(13,333)
Net assets
635,900
688,937
Capital and reserves
Called up share capital
2,000
2,000
Profit and loss reserves
633,900
686,937
Total equity
635,900
688,937

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 4 November 2025
N. Wengrowe
Director
Company registration number 03023272 (England and Wales)
G.H.H.C. LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

G.H.H.C. Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Technology Park, Colindeep Lane, London, United Kingdom, NW9 6BX.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents amounts receivable for services. Turnover is recognised at the point of services provided.

1.3
Tangible fixed assets

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
1% on straight line
Fixtures and fittings
25% on reducing balance
Computers
33% on straight line
1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

G.H.H.C. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Taxation

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

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position 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.

1.7
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

G.H.H.C. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
4
4
3
Tangible fixed assets
Freehold land and buildings
Fixtures and fittings
Computers
Total
£
£
£
£
Cost
At 1 April 2024
952,316
163,996
25,737
1,142,049
Additions
-
0
-
0
1,890
1,890
At 31 March 2025
952,316
163,996
27,627
1,143,939
Depreciation and impairment
At 1 April 2024
209,906
122,516
23,539
355,961
Depreciation charged in the year
9,523
10,182
2,445
22,150
At 31 March 2025
219,429
132,698
25,984
378,111
Carrying amount
At 31 March 2025
732,887
31,298
1,643
765,828
At 31 March 2024
742,410
41,480
2,198
786,088
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Prepayments and accrued income
19,586
19,586
5
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
8,565
13,333
G.H.H.C. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
10,000
10,000
Trade creditors
31,619
19,586
Corporation tax
53,641
81,502
Other taxation and social security
635
693
Other creditors
23,697
18,787
Directors' current account
641
937
Accruals and deferred income
47,014
38,586
167,247
170,091
2025-03-31 2024-04-01 false false false 04 November 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity N. Wengrowe R. Wengrowe 03023272 2024-04-01 2025-03-31 03023272 bus:Director1 2024-04-01 2025-03-31 03023272 bus:CompanySecretary1 2024-04-01 2025-03-31 03023272 bus:RegisteredOffice 2024-04-01 2025-03-31 03023272 2025-03-31 03023272 2024-03-31 03023272 core:LandBuildings core:OwnedOrFreeholdAssets 2025-03-31 03023272 core:FurnitureFittings 2025-03-31 03023272 core:ComputerEquipment 2025-03-31 03023272 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 03023272 core:FurnitureFittings 2024-03-31 03023272 core:ComputerEquipment 2024-03-31 03023272 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 03023272 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03023272 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 03023272 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 03023272 core:ShareCapital 2025-03-31 03023272 core:ShareCapital 2024-03-31 03023272 core:RetainedEarningsAccumulatedLosses 2025-03-31 03023272 core:RetainedEarningsAccumulatedLosses 2024-03-31 03023272 core:LandBuildings core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03023272 core:FurnitureFittings 2024-04-01 2025-03-31 03023272 core:ComputerEquipment 2024-04-01 2025-03-31 03023272 2023-04-01 2024-03-31 03023272 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 03023272 core:FurnitureFittings 2024-03-31 03023272 core:ComputerEquipment 2024-03-31 03023272 2024-03-31 03023272 core:CurrentFinancialInstruments 2025-03-31 03023272 core:CurrentFinancialInstruments 2024-03-31 03023272 core:Non-currentFinancialInstruments 2025-03-31 03023272 core:Non-currentFinancialInstruments 2024-03-31 03023272 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03023272 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03023272 bus:FRS102 2024-04-01 2025-03-31 03023272 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03023272 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP