ACCOUNTS - Final Accounts preparation

Company registration number: 13274937

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	GALAXY 51 HOLDING LIMITED


GALAXY 51 HOLDING LIMITED

COMPANY INFORMATION

Directors	A V Patel (resigned 1 September 2025)
	B C K Patel (resigned 1 September 2025)
	R B Patel (resigned 1 September 2025)
	A Tarlo
	A Gilts (appointed 1 September 2025)


Registered number	13274937


Registered office	33 Sackville Street
	London
	W1S 3EB


Accountants	Menzies LLP
	Chartered Accountants
	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


GALAXY 51 HOLDING LIMITED REGISTERED NUMBER:13274937

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investments	3		1		1
			1		1
Current assets
Debtors: amounts falling due within one year	4	27,577,050		25,183,110
		27,577,050		25,183,110
Creditors: amounts falling due within one year	5	(27,576,951)		(25,183,011)
Net current assets			99		99
Total assets less current liabilities			100		100

Net assets			100		100

Capital and reserves
Called up share capital	100	100
	100	100

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GALAXY 51 HOLDING LIMITED REGISTERED NUMBER:13274937

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

For the year ended 31 March 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

A Tarlo

Director

Date: 23 December 2025

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

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GALAXY 51 HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Galaxy 51 Holding Limited is a private company, limited by shares, registered in England & Wales, company registration number 13274937. The registered office is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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.

2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.5

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

3.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 April 2024	1
	At 31 March 2025	1

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GALAXY 51 HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	27,577,050	25,183,110
	27,577,050	25,183,110

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Amounts owed to group undertakings	25,883,857	23,684,204
Amounts owed to connected companies	1,693,094	1,498,807
	27,576,951	25,183,011

6.	Contingent liabilities

There is a fixed charge over the share capital in the company's subsidiary. This is in relation to security provided by Galaxy 51 Holding Limited to the lender for a loan provided to the subsidiary.

7.	Related party transactions
	At the year end the company was provided interest free loans totalling £15,732,687 (2024: £14,778,011) provided by shareholders.

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