REGISTERED NUMBER: 13885026 (England and Wales)

CONTINENTAL GOLD YORK LIMITED

Unaudited Financial Statements

for the Year Ended 28 February 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Continental Gold Consulting Limited

R Kay

SECRETARY:

R Kay

REGISTERED OFFICE:

1 Park View Court

St Paul's Road

Shipley

West Yorkshire

BD18 3DZ

REGISTERED NUMBER:

13885026 (England and Wales)

ACCOUNTANTS:

Maclean & Company

1 Park View Court

St Paul's Road

Shipley

West Yorkshire

BD18 3DZ

FIXED ASSETS

Investment property

4

2,500,000

2,450,000

CURRENT ASSETS

Debtors

5

92,932

68,547

Cash at bank

11,074

44,965

104,006

113,512

CREDITORS

Amounts falling due within one year

6

1,954,575

2,028,342

NET CURRENT LIABILITIES

(1,850,569

)

(1,914,830

)

TOTAL ASSETS LESS CURRENT LIABILITIES

649,431

535,170

CREDITORS

Amounts falling due after more than one year

7

1,074,747

820,980

NET LIABILITIES

(425,316

)

(285,810

)

CAPITAL AND RESERVES

Called up share capital

9

3

3

Fair value reserve

10

312,772

262,772

Retained earnings

10

(738,091

)

(548,585

)

SHAREHOLDERS' FUNDS

(425,316

)

(285,810

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 23 December 2025 and were signed on its behalf by:

R Kay - Director

1.	STATUTORY INFORMATION

CONTINENTAL GOLD YORK LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2024

2,450,000

Revaluations

50,000

At 28 February 2025

2,500,000

NET BOOK VALUE

At 28 February 2025

2,500,000

At 29 February 2024

2,450,000

Fair value at 28 February 2025 is represented by:

£

Valuation in 2025

2,500,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Other debtors

92,932

68,547

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

6,385

-

Taxation

53,285

16,543

Other creditors

1,894,905

2,011,799

1,954,575

2,028,342

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Other creditors

1,074,747

820,980

8.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.25

29.2.24

£

£

Other loans

1,850,873

1,715,000

Included within "other creditors" are loans which are secured by a fixed and floating charge over the company's investment property.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

3

Ordinary

£1

3

3

10.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 March 2024

(548,585

)

262,772

(285,813

)

Deficit for the year

(139,506

)

(139,506

)

Transfer to fair value reserve

(50,000

)

50,000

-

At 28 February 2025

(738,091

)

312,772

(425,319

)