GOLDMOON PROPERTIES LIMITED - Filleted accounts

Registered number

04917830

GOLDMOON PROPERTIES LIMITED

Filleted Accounts

31 March 2025

GOLDMOON PROPERTIES LIMITED
Registered number:	04917830
Statement of Financial Position
as at 31 March 2025

Notes		2025			2024
£			£
Fixed assets
Tangible assets		1,059,466			1,059,466

Current assets
Cash at bank and in hand	21,385			17,379

Creditors: amounts falling due within one year	(588,627)			(567,995)

Net current liabilities		(567,242)			(550,616)

Total assets less current liabilities		492,224			508,850

Creditors: amounts falling due after more than one year		(406,250)			(431,250)



Net assets		85,974			77,600

Capital and reserves
Called up share capital		100			100
Profit and loss account		85,874			77,500

Shareholders' funds		85,974			77,600

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Ajay Gokani
Director
Approved by the board on 5 January 2026

GOLDMOON PROPERTIES LIMITED
Notes to the Financial Statements
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover, which is attributable to the continuing activity which arises only in the United Kingdom represents sales to outside customers at invoiced amounts less value added tax. Turnover represents income from letting the investment property to a hotel operator. Rental income is credited to the profit and loss account as it accrues.

	Investment properties
	Investment properties are properties which are held either to earn rental income or for capital appreciation or for both. Investment properties are recognised initially at cost. Subsequent to initial recognition i. investment properties whose fair value can be measured reliably without undue cost or effort are held at fair value. Any gains or losses arising from changes in the fair value are recognised in profit or loss in the period that they arise; and ii. no depreciation is provided in respect of investment properties applying the fair value model. If a reliable measure is not available without undue cost or effort for an item of investment property, this item is thereafter accounted for as tangible fixed assets in accordance with section 17 until a reliable measure of fair value becomes available.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	Tax on the profit or loss for the year comprises current and deferred tax. Tax is recognised in the profit and loss account except to the extent that it relates to items recognised directly in equity or other comprehensive income, in which case it is recognised directly in equity or other comprehensive income. Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the balance sheet date, and any adjustment to tax payable in respect of previous years.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	-		-