Company Registration No. 07875309 (England and Wales)
GAJ Property Investments Ltd
Unaudited accounts
for the year ended 31 December 2024
GAJ Property Investments Ltd
Unaudited accounts
Contents
GAJ Property Investments Ltd
Company Information
for the year ended 31 December 2024
Directors
Mr Sukhdev Singh Ghotra
Mrs Serbjit Kaur Ghotra
Company Number
07875309 (England and Wales)
Registered Office
8 Rose & crown mews
Isleworth
Middlesex
TW7 5FA
UNIITED KINGDOM
GAJ Property Investments Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
7,236,946
7,236,946
Debtors
3,233,454
3,233,454
Cash at bank and in hand
2,591
1,758
Creditors: amounts falling due within one year
(972,003)
(967,098)
Net current assets
2,264,042
2,268,114
Total assets less current liabilities
9,500,988
9,505,060
Creditors: amounts falling due after more than one year
(5,000,249)
(5,000,249)
Provisions for liabilities
Deferred tax
(837,506)
(838,524)
Net assets
3,663,233
3,666,287
Called up share capital
1
1
Profit and loss account
3,663,232
3,666,286
Shareholders' funds
3,663,233
3,666,287
For the year ending 31 December 2024 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 6 November 2025 and were signed on its behalf by
Mr Sukhdev Singh Ghotra
Director
Company Registration No. 07875309
GAJ Property Investments Ltd
Notes to the Accounts
for the year ended 31 December 2024
GAJ Property Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 07875309. The registered office is 8 Rose & crown mews, Isleworth, Middlesex, TW7 5FA, UNIITED KINGDOM.
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:
Non Distributable Reserve
Profit and loss reserve includes non distributable reserve from the gain on revaluation of assets of £3,824,320.
4
Tangible fixed assets
Total
At 1 January 2024
7,236,946
At 31 December 2024
7,236,946
At 31 December 2024
7,236,946
At 31 December 2023
7,236,946
Revaluation of fixed assets is based on the valuation carried out by the directors in the year 2015
GAJ Property Investments Ltd
Notes to the Accounts
for the year ended 31 December 2024
5
Deferred taxation
2024
2023
Revaluation of land and buildings
897,063
897,063
Tax losses carried forward
(59,557)
(58,539)
Provision at start of year
838,524
897,063
Credited to the profit and loss account
(1,018)
(58,539)
Provision at end of year
837,506
838,524
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Transactions with related parties
Other debtors includes
£2,809,878 (2023 - £2,809,878) owed by GAJ Homes Ltd, Mr Sukhdev Ghotra is the common Director and Shareholder for both the companies.
£421,273 (2023 - £421,273) owed by GAJ Development Ltd, Mr Sukhdev Ghotra is the common Director and Shareholder for both the companies.
Other Creditors includes £106,202 (2023 - £95,295) owed to GAJ Property Management Ltd, Mr Sukhdev Ghotra is the common Director and Shareholder for both the companies.
Loan from Directors includes £801,504 (2023 -£801,504) owed to Mr Sukhdev Ghotra.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).