Company Registration No. 13656978 (England and Wales)
GULFAN LTD
Unaudited accounts
for the year ended 31 October 2025
GULFAN LTD
Unaudited accounts
Contents
GULFAN LTD
Company Information
for the year ended 31 October 2025
Directors
OZGUL OZMEN
IRFAN OZMEN
Company Number
13656978 (England and Wales)
Registered Office
36 KINGSWOOD AVENUE
LEICESTER
LE3 0UN
ENGLAND
Accountants
PARAGONACCOUNTAX LTD
PEXOR HOUSE
STAFFA ROAD
LONDON
UNITED KINGDOM
E10 7QZ
GULFAN LTD
Statement of financial position
as at 31 October 2025
Tangible assets
326,940
326,940
Cash at bank and in hand
4,548
5,702
Creditors: amounts falling due within one year
(1,593)
(2,206)
Net current assets
2,955
3,496
Total assets less current liabilities
329,895
330,436
Creditors: amounts falling due after more than one year
(332,001)
(329,788)
Net (liabilities)/assets
(2,106)
648
Called up share capital
100
100
Profit and loss account
(2,206)
548
Shareholders' funds
(2,106)
648
For the year ending 31 October 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 29 December 2025 and were signed on its behalf by
IRFAN OZMEN
Director
Company Registration No. 13656978
GULFAN LTD
Notes to the Accounts
for the year ended 31 October 2025
GULFAN LTD is a private company, limited by shares, registered in England and Wales, registration number 13656978. The registered office is 36 KINGSWOOD AVENUE, LEICESTER, LE3 0UN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
At 1 November 2024
326,940
At 31 October 2025
326,940
At 31 October 2025
326,940
At 31 October 2024
326,940
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
268
526
Other creditors
1,325
1,680
GULFAN LTD
Notes to the Accounts
for the year ended 31 October 2025
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
195,388
195,388
Loans from directors
136,613
134,400
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).