1 April 2024 false No description of principal activity Taxfiler 2024.6 10521100business:PrivateLimitedCompanyLtd2024-04-012025-03-31 105211002024-03-31 10521100business:EntityNoLongerTradingButTradedInPast2024-04-012025-03-31 105211002024-04-012025-03-31 10521100business:AuditExemptWithAccountantsReport2024-04-012025-03-31 10521100business:FilletedAccounts2024-04-012025-03-31 105211002025-03-31 10521100business:Director12024-04-012025-03-31 10521100business:Director22024-04-012025-03-31 10521100business:Director32024-04-012025-03-31 10521100business:Director42024-04-012025-03-31 10521100business:RegisteredOffice2024-04-012025-03-31 105211002024-03-31 10521100core:WithinOneYear2025-03-31 10521100core:WithinOneYear2024-03-31 10521100core:AfterOneYear2025-03-31 10521100core:AfterOneYear2024-03-31 10521100core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 10521100core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 10521100core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 10521100core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 10521100core:PreviouslyStatedAmount2025-03-31 10521100core:PreviouslyStatedAmount2024-03-31 10521100business:SmallEntities2024-04-012025-03-31 10521100countries:EnglandWales2024-04-012025-03-31 10521100core:LandBuildings2024-03-31 10521100core:LandBuildings2024-04-012025-03-31 10521100core:LandBuildings2025-03-31 105211002023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10521100 (England and Wales)
Gills United Limited for the year ended 31 March 2025
Gills United Limited Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Gills United Limited Company Information for the year ended 31 March 2025
Directors
Mrs Sukhwinder Gill Mr Parmjit Singh Gill Parmjit Singh Gill Sukhwinder Gill
Company Number
10521100 (England and Wales)
Registered Office
WEST TARN FARM SOUTH CROXTON ROAD, QUENIBOROUGH LEICESTER Leicestershire LE7 3RU ENGLAND
Accountants
BGS Accounting Limited 75 Exploration Drive Leicester LE4 5NU
- 3 -
Gills United Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
866,883 
681,426 
Current assets
Cash at bank and in hand
3,172 
1,130 
Creditors: amounts falling due within one year
5
(221,895)
(27,465)
Net current liabilities
(218,723)
(26,335)
Total assets less current liabilities
648,160 
655,091 
Creditors: amounts falling due after more than one year
6
(477,706)
(522,377)
Net assets
170,454 
132,714 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
170,354 
132,614 
Shareholders' funds
170,454 
132,714 
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by
Mr Parmjit Singh Gill Director Company Registration No. 10521100
- 4 -
Gills United Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Gills United Limited is a private company, limited by shares, registered in England and Wales, registration number 10521100. The registered office is WEST TARN FARM, SOUTH CROXTON ROAD, QUENIBOROUGH, LEICESTER, Leicestershire, LE7 3RU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Investment properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2024
681,426 
Additions
185,457 
At 31 March 2025
866,883 
Depreciation
At 31 March 2025
- 
Net book value
At 31 March 2025
866,883 
At 31 March 2024
681,426 
- 5 -
Gills United Limited Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
205,251 
10,794 
Taxes and social security
8,860 
8,887 
Loans from directors
7,784 
7,784 
221,895 
27,465 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
477,706 
522,377 
7
Transactions with related parties
Creditors balance includes money owed to Helping Hand Care Limited of £10,793.73 as at 31 March 2023.
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 6 -