Goblin Enterprises Limited
Unaudited Financial Statements
For the year ended 30 June 2025
Pages for filing with registrar
Company Registration No. 04857018 (England and Wales)
GOBLIN ENTERPRISES LIMITED
Goblin Enterprises Limited
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 7
GOBLIN ENTERPRISES LIMITED
Goblin Enterprises Limited
Accountants Report to the Director on the Unaudited Financial Statements of Goblin Enterprises Limited
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Goblin Enterprises Limited for the year ended 30 June 2025 set out on the following pages from the company’s accounting records and from information and explanations you have given us.

This report is made solely to the Director of Goblin Enterprises Limited, as a body, in accordance with the terms of our engagement letter dated 9 May 2014. Our work has been undertaken solely to prepare for your approval the financial statements of Goblin Enterprises Limited. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Goblin Enterprises Limited and Director as a body, for our work or for this report.

It is your duty to ensure that Goblin Enterprises Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Goblin Enterprises Limited. You consider that Goblin Enterprises Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Goblin Enterprises Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Churchgate Accountants Limited
11 March 2026
Accountants
18 Langton Place
Bury St Edmunds
Suffolk
IP33 1NE
GOBLIN ENTERPRISES LIMITED
Goblin Enterprises Limited
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
3
5,125,531
4,788,125
Investments
4
800
800
5,126,331
4,788,925
Current assets
Debtors
7
28,157
15,932
Cash at bank and in hand
10,407
4,192
38,564
20,124
Creditors: amounts falling due within one year
6
(2,223,262)
(2,125,918)
Net current liabilities
(2,184,698)
(2,105,794)
Total assets less current liabilities
2,941,633
2,683,131
Creditors: amounts falling due after more than one year
8
(485,303)
(624,830)
Provisions for liabilities
(349,139)
(302,287)
Net assets
2,107,191
1,756,014
Capital and reserves
Called up share capital
100
100
Non-distributable profits reserve
9
1,528,044
1,237,491
Distributable profit and loss reserves
579,047
518,423
Total equity
2,107,191
1,756,014
GOBLIN ENTERPRISES LIMITED
Goblin Enterprises Limited
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2025
30 June 2025
- 3 -

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 11 March 2026
Mr A H Gray
Director
Company registration number 04857018 (England and Wales)
GOBLIN ENTERPRISES LIMITED
Goblin Enterprises Limited
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 4 -
1
Accounting policies
Company information

Goblin Enterprises Limited is a private company limited by shares incorporated in England and Wales. The registered office is 18 Langton Place, Bury St Edmunds, Suffolk, IP33 1NE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the investment property at fair value.

1.2
Turnover

Turnover represents rental income relating to the period from investment properties held by the company. Revenue is recognised for the year to which investment properties held by the company are occupied on a daily basis.

1.3
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

GOBLIN ENTERPRISES LIMITED
Goblin Enterprises Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 5 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies 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 paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

GOBLIN ENTERPRISES LIMITED
Goblin Enterprises Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 6 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Investment property
2025
£
Fair value
At 1 July 2024
4,788,125
Additions
1
Revaluations
337,405
At 30 June 2025
5,125,531

The Director considers the valuation of the properties in the accounts to reflect their fair market value as at 30 June 2025.

4
Fixed asset investments
2025
2024
£
£
Other investments other than loans
800
800
5
Subsidiaries

Details of the company's subsidiaries at 30 June 2025 are as follows:

Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Hyldon Court Limited
UK
Ordinary shares
80.00
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
127,595
70,357
Corporation tax
24,499
25,082
Other taxation and social security
2,018
-
0
Other creditors
2,069,150
2,030,479
2,223,262
2,125,918
GOBLIN ENTERPRISES LIMITED
Goblin Enterprises Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
6
Creditors: amounts falling due within one year
(Continued)
- 7 -

Loans are secured by a fixed and floating charge over property, rights and assets of the company.

7
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
28,157
15,932
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
485,303
624,830

Loans are secured by a fixed and floating charge over property, rights and assets of the company.

9
Non-distributable profits reserve
2025
2024
£
£
At the beginning of the year
1,237,491
1,085,897
Non distributable profits in the year
290,553
151,594
At the end of the year
1,528,044
1,237,491
10
Financial commitments, guarantees and contingent liabilities

There were no contingent liabilities at 30 June 2025 or 30 June 2024.

.

11
Related party transactions

On 3 July 2024, Goblin Enterprises Limited purchased 4 Fountain Way from Bon Bon Productions Limited, a connected company.

12
Directors' transactions

As at 30 June 2025 the company owed the sole director, Mr A H Gray, £528,198 (2024: £539,436). No interest is charged on the balance.

2025-06-30 2024-07-01 false false false 11 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr A H Gray 04857018 2024-07-01 2025-06-30 04857018 2025-06-30 04857018 2024-06-30 04857018 core:CurrentFinancialInstruments 2025-06-30 04857018 core:CurrentFinancialInstruments 2024-06-30 04857018 core:Non-currentFinancialInstruments 2025-06-30 04857018 core:Non-currentFinancialInstruments 2024-06-30 04857018 core:ShareCapital 2025-06-30 04857018 core:ShareCapital 2024-06-30 04857018 core:FurtherSpecificReserve1ComponentTotalEquity 2025-06-30 04857018 core:FurtherSpecificReserve1ComponentTotalEquity 2024-06-30 04857018 core:RetainedEarningsAccumulatedLosses 2025-06-30 04857018 core:RetainedEarningsAccumulatedLosses 2024-06-30 04857018 bus:Director1 2024-07-01 2025-06-30 04857018 2023-07-01 2024-06-30 04857018 2024-06-30 04857018 core:Subsidiary1 2024-07-01 2025-06-30 04857018 core:Subsidiary1 1 2024-07-01 2025-06-30 04857018 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 04857018 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 04857018 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 04857018 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 04857018 bus:FRS102 2024-07-01 2025-06-30 04857018 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 04857018 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP