2024-12-01 2025-11-30 12302816 Golden Key Property Group Ltd false 12302816 2024-12-01 2025-11-30 12302816 uk-bus:Director1 2024-12-01 2025-11-30 12302816 uk-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 12302816 uk-bus:SmallEntities 2024-12-01 2025-11-30 12302816 uk-bus:FullAccounts 2024-12-01 2025-11-30 12302816 uk-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 12302816 2024-12-01 12302816 2025-11-30 12302816 2024-11-30 xbrli:pure iso4217:GBP 12302816 2023-12-01 2024-11-30

Company Registration Number : 12302816 (England and Wales)
12302816
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2025-11-30
false
Golden Key Property Group Ltd
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2024-12-01
Golden Key Property Group Ltd Unaudited filleted financial statements For the year ended 30 November 2025

Golden Key Property Group Ltd Contents For the year ended 30 November 2025

CONTENTS | PAGE
Company Information | 3
Statement of Financial Position | 4
Notes to the Financial Statements | 5 - 6

Golden Key Property Group Ltd Company Information For the year ended 30 November 2025

Company registration number |  | 12302816 (England and Wales)
Director |  | Lee Falica
Registered office address |  | Seven Kings Squires Hill
|  | Marham
|  | King's Lynn
|  | England
|  | PE33 9HY
Accountant |  | DNS Accountants
|  | Chartered Accountants
|  | 382 Kenton Road
|  | Harrow, Middlesex
|  | United Kingdom
|  | HA3 8DP

Golden Key Property Group Ltd Statement of Financial Position For the year ended 30 November 2025

|  |  | 2025 |  | 2024
| Notes |  | £ |  | £
Fixed assets |  |  |  |  |
Investment Property |  |  | 275,000 |  | 250,000
| 5 |  | 275,000 |  | 250,000
Current assets |  |  |  |  |
Cash and cash equivalents |  |  | 24,242 |  | 19,454
|  |  | 24,242 |  | 19,454
Current liabilities |  |  |  |  |
Creditors: Amounts falling due within one year |  |  | (64,457) |  | (63,958)
Corporation tax payable |  |  | (852) |  | (197)
|  |  | (65,309) |  | (64,155)
Net current (liabilities)/assets |  |  | (41,067) |  | (44,701)
Total assets less current liabilities |  |  | 233,933 |  | 205,299
Non-current liabilities |  |  |  |  |
Creditors: Amounts falling due after more than one year |  |  | (173,570) |  | (173,570)
Provisions for liabilities |  |  | (9,142) |  | (4,392)
Net assets/(liabilities) |  |  | 51,221 |  | 27,337
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1 |  | 1
Retained earnings |  |  | 51,220 |  | 27,336
Shareholder's funds |  |  | 51,221 |  | 27,337
For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A. The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
For the year ended 30 November 2025 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 director acknowledges their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 04 March 2026
.............................
Lee Falica (Director)
Company registration number: 12302816

/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */

Balance sheet at 2025-11-30 30 November 2025
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Fixed Assets |  |  |  | 275,000 |  | 250,000
Current Assets |  |  |  | 24,242 |  | 19,454
Cash in Hand/Bank |  |  |  | 24,242 |  | 19,454
Creditors: amounts falling due within one year |  |  |  | (65,309) |  | (64,155)
Net current assets/(liabilities) |  |  |  | (41,067) |  | (44,701)
Total assets less current liabilities |  |  |  | 233,933 |  | 205,299
CREDITORS: Amounts falling due more than one year |  |  |  | (173,570) |  | (173,570)
Provisions for liabilities |  |  |  | (9,142) |  | (4,392)
Net Assets/(liabilities) |  |  |  | 51,221 |  | 27,337
Capital and Reserves |  |  |  | 51,221 |  | 27,337
Called up share capital |  |  |  | 1 |  | 1
Profit and loss account |  |  |  | 51,220 |  | 27,336
SHAREHOLDER'S FUND |  |  |  | 51,221 |  | 27,337
For the year ending 30/11/2025 the company was entitled to exemption 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. For the year ending 30-11-2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 04 March 2026 2026-03-04 and signed on behalf of the board, |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Lee Falica |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |
Company registration number: 12302816 |  |  |  |  |  |  |  |  |  |

Golden Key Property Group Ltd Notes to the Financial Statements For the year ended 30 November 2025

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Seven Kings Squires Hill, Marham, King's Lynn, England, PE33 9HY.
(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.
(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred Tax
A deferred tax asset or liability is recognised for tax recoverable or payable in future periods in respect of transactions and events recognised in the financial statements of current and previous periods. Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. Timing differences result from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is recognised on all timing differences at the reporting date apart from certain exceptions. Unrelieved tax losses and other deferred tax assets are only 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. Deferred tax liabilities and assets are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
Investments
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognized in profit or loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an ongoing basis.
(4) Employees
During the year, the average number of employees including director was 0 (2024 : 0).
(5) Fixed assets
| Investments Property £
Cost |
As at 01 December 2024 | 250,000
Revaluation | 25,000
As at 30 November 2025 | 275,000
Depreciation/Amortisation |
As at 30 November 2025 | -
Net book value |
As at 30 November 2025 | 275,000
As at 30 November 2024 | 250,000
(6) Mortgage (Creditors > 1 year)
The mortgage is secured by the property known as 32 Tennyson Avenue, King's Lynn PE30 2QS.
(7) Investment Properties
These financial statements for the year ended 30 November 2025 are the financial statements of the company prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The property is being measured at fair value under FRS 102 and fair value gains and losses are reported in profit or loss. FRS 102 also requires deferred tax to be accounted for on assets that are subject to revaluation. Consequently, deferred tax of £4,750 was recognised at 30 November 2025 to reflect the provisions of FRS 102. The profit on revaluation at 30 November 2025 has been reported in profit or loss and the effect on profit for the yearended 30 November 2025 is increase in the profit for the amount £20,250 is after deferred tax.