Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2024-04-01 false Buying and selling of own real estate.2 2 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02747931 2024-04-01 2025-03-31 02747931 2023-04-01 2024-03-31 02747931 2025-03-31 02747931 2024-03-31 02747931 c:Director1 2024-04-01 2025-03-31 02747931 d:FreeholdInvestmentProperty 2025-03-31 02747931 d:FreeholdInvestmentProperty 2024-03-31 02747931 d:CurrentFinancialInstruments 2025-03-31 02747931 d:CurrentFinancialInstruments 2024-03-31 02747931 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 02747931 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02747931 d:ShareCapital 2025-03-31 02747931 d:ShareCapital 2024-03-31 02747931 d:RetainedEarningsAccumulatedLosses 2025-03-31 02747931 d:RetainedEarningsAccumulatedLosses 2024-03-31 02747931 c:FRS102 2024-04-01 2025-03-31 02747931 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02747931 c:FullAccounts 2024-04-01 2025-03-31 02747931 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02747931 2 2024-04-01 2025-03-31 02747931 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 02747931 G & O ESTATES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
G & O ESTATES LIMITED REGISTERED NUMBER: 02747931 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 360,000 |  | 360,000
|  |  | 360,000 |  | 360,000
Current assets |  |  |  |  |
Stocks |  | 2,766,041 |  | 2,796,848 |
Debtors: amounts falling due within one year | 5 | 975,856 |  | 917,617 |
Cash at bank and in hand | 6 | 126,628 |  | 77,500 |
|  | 3,868,525 |  | 3,791,965 |
Creditors: amounts falling due within one year | 7 | (63,296) |  | (13,597) |
Net current assets |  |  | 3,805,229 |  | 3,778,368
Total assets less current liabilities |  |  | 4,165,229 |  | 4,138,368
Net assets |  |  | 4,165,229 |  | 4,138,368
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 4,165,129 |  | 4,138,268
|  |  | 4,165,229 |  | 4,138,368
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G & O ESTATES LIMITED REGISTERED NUMBER: 02747931 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and 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 comprehensive income 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:
................................................ F S Gossain
Director
Date: 23 December 2025
The notes on pages 3 to 6 form part of these financial statements. Page 2
G & O ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
G&O Estates Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is given on the company information page of these financial statements. The company's principal activity is property investments and dealing in ground rents. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otheriwse stated. 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. The following principal accounting policies have been applied:
| 2.2 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Page 3
G & O ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | 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.
| 2.5 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
| 2.6 | Investment property
Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.
| 2.7 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.8 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.9 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are 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. Page 4
G & O ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.10 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
4. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 April 2024 | 360,000
| At 31 March 2025 | 360,000
The 2025 valuations were made by the directors, on an open market value for existing use basis.
| At 31 March 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 560,333 | 390,686
| Amounts owed by group undertakings | 13,520 | 5,090
| Other debtors | 402,003 | 521,841
|  | 975,856 | 917,617
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G & O ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 126,628 | 77,500
|  | 126,628 | 77,500
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 52,956 | 4,632
| Corporation tax | 6,353 | -
| Other creditors | 1,928 | 4,827
| Accruals and deferred income | 2,059 | 4,138
|  | 63,296 | 13,597
8. | Deferred taxation
9. | Related party transactions
| At the balance sheet date the company was owed £298,467 (2024: £365,090) from companies under common control. During the year the company wrote off loans with such companies totalling £350,000 (2024: £486,000).
10. | Controlling party
The ultimate parent company is G & O Group Limited, a company incorporated in England and Wales.
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