REGISTERED NUMBER: 05491591 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Goldhouse Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A M Kerr

REGISTERED OFFICE:

136 St Albans Avenue

Chiswick

London

W4 5JR

REGISTERED NUMBER:

05491591 (England and Wales)

FIXED ASSETS

Investment property

4

2,900,000

2,900,000

CURRENT ASSETS

Debtors

5

179,905

15,368

Cash at bank

241,295

705,625

421,200

720,993

CREDITORS

Amounts falling due within one year

6

30,928

348,242

NET CURRENT ASSETS

390,272

372,751

TOTAL ASSETS LESS CURRENT LIABILITIES

3,290,272

3,272,751

CREDITORS

Amounts falling due after more than one year

7

(1,792,197

)

(1,792,203

)

PROVISIONS FOR LIABILITIES

(173,966

)

(173,966

)

NET ASSETS

1,324,109

1,306,582

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

9

1,068,258

1,068,258

Retained earnings

255,850

238,323

SHAREHOLDERS' FUNDS

1,324,109

1,306,582

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 December 2025 and were signed by:

A M Kerr - Director

1.	STATUTORY INFORMATION

Goldhouse Properties 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 the total amount, excluding value added tax, derived from letting the company's freehold and long leasehold properties.

Investment property

Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

2,900,000

NET BOOK VALUE

At 31 March 2025

2,900,000

At 31 March 2024

2,900,000

The Properties were valued at £2,900,000 by the director as at 31st March 2025 on fair value basis.

Comparable historical cost of the Investment property was £1,653,041 at 31 March 2024 and 31 March 2025.

Fair value at 31 March 2025 is represented by:

£

Valuation in 2017

1,087,848

Valuation in 2020

159,111

Cost

1,653,041

2,900,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

15,999

15,368

Amounts owed by group undertakings

163,606

-

Other debtors

300

-

179,905

15,368

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,366

116

Amounts owed to group undertakings

-

336,394

Other creditors

29,562

11,732

30,928

348,242

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,792,197

1,792,203

8.	SECURED DEBTS

As at 31 March 2025, there are various fixed and floating charges and negative pledges against various properties owned by the company.

9.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

1,068,258