G8 Property Management Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10052968

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,209		6,451

			6,209		6,451
CURRENT ASSETS
Debtors	5	52,088		35,656
Cash at bank and in hand		85,255		62,141

		137,343		97,797
Creditors: Amounts Falling Due Within One Year	6	(38,734 )		(13,211 )

NET CURRENT ASSETS (LIABILITIES)			98,609		84,586

TOTAL ASSETS LESS CURRENT LIABILITIES			104,818		91,037

NET ASSETS			104,818		91,037

CAPITAL AND RESERVES
Called up share capital	7		100		100
Capital redemption reserve			(35,000 )		(35,000 )
Profit and Loss Account			139,718		125,937

SHAREHOLDERS' FUNDS			104,818		91,037

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G8 Property Management Ltd

Balance Sheet (continued)

As At 31 March 2025

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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Craig Phillips

Director

28/11/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

G8 Property Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10052968 . The registered office is 40-42 Sheffield Road, Barnsley, S70 1HP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% Reducing balance
Motor Vehicles	25% Reducing balance

2.4. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 4)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2024	4,524	5,000	9,524
Additions	1,184	-	1,184

As at 31 March 2025	5,708	5,000	10,708

...CONTINUED

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G8 Property Management Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	885	2,188	3,073
Provided during the period	723	703	1,426

As at 31 March 2025	1,608	2,891	4,499

Net Book Value
As at 31 March 2025	4,100	2,109	6,209

As at 1 April 2024	3,639	2,812	6,451

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	52,088	35,656

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	5,395	4,470
Taxation and social security	33,339	8,741

	38,734	13,211

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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