IRIS Accounts Production v25.4.12.37 02349081 Board of Directors 1.4.24 31.3.25 31.3.25 0 0 false true false false true false Fair value model Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02349081 2024-03-31 02349081 2025-03-31 02349081 2024-04-01 2025-03-31 02349081 2023-03-31 02349081 2023-04-01 2024-03-31 02349081 2024-03-31 02349081 ns15:EnglandWales 2024-04-01 2025-03-31 02349081 ns14:PoundSterling 2024-04-01 2025-03-31 02349081 ns10:Director1 2024-04-01 2025-03-31 02349081 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02349081 ns10:SmallEntities 2024-04-01 2025-03-31 02349081 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02349081 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 02349081 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02349081 ns10:FullAccounts 2024-04-01 2025-03-31 02349081 ns10:OrdinaryShareClass2 2024-04-01 2025-03-31 02349081 ns10:OrdinaryShareClass3 2024-04-01 2025-03-31 02349081 ns10:OrdinaryShareClass4 2024-04-01 2025-03-31 02349081 ns10:OrdinaryShareClass5 2024-04-01 2025-03-31 02349081 ns10:Director2 2024-04-01 2025-03-31 02349081 ns10:RegisteredOffice 2024-04-01 2025-03-31 02349081 ns5:CurrentFinancialInstruments 2025-03-31 02349081 ns5:CurrentFinancialInstruments 2024-03-31 02349081 ns5:ShareCapital 2025-03-31 02349081 ns5:ShareCapital 2024-03-31 02349081 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 02349081 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 02349081 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 02349081 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 02349081 ns5:PlantMachinery 2024-03-31 02349081 ns5:PlantMachinery 2024-04-01 2025-03-31 02349081 ns5:PlantMachinery 2025-03-31 02349081 ns5:PlantMachinery 2024-03-31 02349081 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 02349081 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 02349081 ns5:DeferredTaxation 2024-04-01 2025-03-31 02349081 ns5:DeferredTaxation 2025-03-31 02349081 ns10:OrdinaryShareClass2 2025-03-31 02349081 ns10:OrdinaryShareClass3 2025-03-31 02349081 ns10:OrdinaryShareClass4 2025-03-31 02349081 ns10:OrdinaryShareClass5 2025-03-31 02349081 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31

REGISTERED NUMBER: 02349081 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GOLDCREST DEVELOPMENTS (CAMBRIDGE) LTD

GOLDCREST DEVELOPMENTS (CAMBRIDGE) LTD (REGISTERED NUMBER: 02349081) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| GOLDCREST DEVELOPMENTS (CAMBRIDGE) LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | B Sewell

| T J Sewell

| REGISTERED OFFICE: | Grove Farm

| Harlton Road

| Haslingfield

| Cambridge

| Cambridgeshire

| CB23 1AD

| REGISTERED NUMBER: | 02349081 (England and Wales)

| ACCOUNTANTS: | Thompson Taraz Rand Ltd

| Chartered Accountants

| 10 Jesus Lane

| Cambridge

| Cambridgeshire

| CB5 8BA

GOLDCREST DEVELOPMENTS (CAMBRIDGE) LTD (REGISTERED NUMBER: 02349081) |

BALANCE SHEET

31 MARCH 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 813 |  | 1,219 |  |

Investment property | 6 | 910,240 |  | 300,000 |  |

911,053 |  | 301,219 |  |

CURRENT ASSETS

Stocks | 18,950 |  | 18,950 |  |

Debtors | 7 | 160 |  | 187 |  |

Cash and cash equivalents | 13,141 |  | 6,388 |  |

32,251 |  | 25,525 |  |

CREDITORS

Amounts falling due within one year | 8 | (710,448 | ) | (176,624 | ) |

NET CURRENT LIABILITIES | (678,197 | ) | (151,099 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 232,856 |  | 150,120 |  |

PROVISIONS FOR LIABILITIES | 9 | (38,500 | ) | - |  |

NET ASSETS | 194,356 |  | 150,120 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 100 |  | 100 |  |

Fair value reserve | 11 | 103,706 |  | 103,706 |  |

Retained earnings | 90,550 |  | 46,314 |  |

SHAREHOLDERS' FUNDS | 194,356 |  | 150,120 |  |

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 directors acknowledge their 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.

GOLDCREST DEVELOPMENTS (CAMBRIDGE) LTD (REGISTERED NUMBER: 02349081) |

BALANCE SHEET - continued

31 MARCH 2025

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2026 and were signed on its behalf by:

B Sewell - Director

GOLDCREST DEVELOPMENTS (CAMBRIDGE) LTD (REGISTERED NUMBER: 02349081) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Goldcrest Developments (Cambridge) Ltd 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant & machinery - 25% straight line

| Motor vehicles - 25% straight line

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Investment properties were valued at their fair value by the directors. Although the directors are not professionally qualified valuers they do have considerable experience in the location and class of investment property being revalued.

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Financial instruments

| Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, 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.

GOLDCREST DEVELOPMENTS (CAMBRIDGE) LTD (REGISTERED NUMBER: 02349081) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

3. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation 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 in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. | EMPLOYEES AND DIRECTORS

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

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 6,949 |  |

| DEPRECIATION

| At 1 April 2024 | 5,730 |  |

| Charge for year | 406 |  |

| At 31 March 2025 | 6,136 |  |

| NET BOOK VALUE

| At 31 March 2025 | 813 |  |

| At 31 March 2024 | 1,219 |  |

GOLDCREST DEVELOPMENTS (CAMBRIDGE) LTD (REGISTERED NUMBER: 02349081) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024 | 300,000 |  |

| Additions | 560,240 |  |

| Revaluations | 50,000 |  |

| At 31 March 2025 | 910,240 |  |

| NET BOOK VALUE

| At 31 March 2025 | 910,240 |  |

| At 31 March 2024 | 300,000 |  |

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2020 | 196,294 |  |

| Valuation in 2021 | 83,706 |  |

| Valuation in 2022 | 20,000 |  |

| Valuation in 2025 | 610,240 |  |

910,240 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 160 |  | 187 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Taxation and social security | 7,759 |  | 652 |  |

| Other creditors | 702,689 |  | 175,972 |  |

710,448 |  | 176,624 |  |

9. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 38,500 |  | - |  |

GOLDCREST DEVELOPMENTS (CAMBRIDGE) LTD (REGISTERED NUMBER: 02349081) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

9. | PROVISIONS FOR LIABILITIES - continued

| Deferred |

| tax |

£ |

| Provided during year | 38,500 |  |

| Balance at 31 March 2025 | 38,500 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 21 | Ordinary A | £1 | 21 |  | 21 |  |

| 21 | Ordinary B | £1 | 21 |  | 21 |  |

| 29 | Ordinary C | £1 | 29 |  | 29 |  |

| 29 | Ordinary D | £1 | 29 |  | 29 |  |

100 |  | 100 |  |

11. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 April 2024

| and 31 March 2025 | 103,706 |  |

12. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is the director Mr B Sewell.