Company registration number 12851621 (England and Wales)
GONK ENTERPRISES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
GONK ENTERPRISES LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
GONK ENTERPRISES LTD
BALANCE SHEET
AS AT
31 MAY 2025
31 May 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
4
388,684
388,684
Current assets
Cash at bank and in hand
72
71
Creditors: amounts falling due within one year
5
(13)
(13)
Net current assets
59
58
Total assets less current liabilities
388,743
388,742
Creditors: amounts falling due after more than one year
6
(390,225)
(390,225)
Net liabilities
(1,482)
(1,483)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(1,582)
(1,583)
Total equity
(1,482)
(1,483)

For the financial year ended 31 May 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 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.

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

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

The financial statements were approved by the board of directors and authorised for issue on 14 April 2026 and are signed on its behalf by:
Mr Simon Martin
Director
Company registration number 12851621 (England and Wales)
GONK ENTERPRISES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 2 -
1
Accounting policies
Company information

Gonk Enterprises Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 36a Grafton Square, Clapham, London, United Kingdom, SW4 0DB.

1.1
Basis of preparation

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 revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Fixed asset investments

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less impairment.

1.4
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.

GONK ENTERPRISES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 3 -
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.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.5

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related Party Disclosures,not to disclose related party transactions with wholly owned subsidiaries within the group.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

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

2025
2024
Number
Number
Total
0
0
4
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
388,684
388,684
GONK ENTERPRISES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 4 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
13
13
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Amounts owed to group undertakings
270,225
270,225
Other creditors
120,000
120,000
390,225
390,225
7
Related party transactions

At the year end the company owed related parties £390,238 (2024: 389,831). The companies were related parties as they are under common control.

2025-05-31 2024-06-01 false false false 14 April 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr G M Martin Mr S J Martin 12851621 2024-06-01 2025-05-31 12851621 2025-05-31 12851621 2024-05-31 12851621 core:WithinOneYear 2025-05-31 12851621 core:WithinOneYear 2024-05-31 12851621 core:AfterOneYear 2025-05-31 12851621 core:AfterOneYear 2024-05-31 12851621 core:CurrentFinancialInstruments 2025-05-31 12851621 core:CurrentFinancialInstruments 2024-05-31 12851621 core:ShareCapital 2025-05-31 12851621 core:ShareCapital 2024-05-31 12851621 core:RetainedEarningsAccumulatedLosses 2025-05-31 12851621 core:RetainedEarningsAccumulatedLosses 2024-05-31 12851621 bus:Director2 2024-06-01 2025-05-31 12851621 2023-06-01 2024-05-31 12851621 core:Non-currentFinancialInstruments 2025-05-31 12851621 core:Non-currentFinancialInstruments 2024-05-31 12851621 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 12851621 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 12851621 bus:FRS102 2024-06-01 2025-05-31 12851621 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 12851621 bus:Director1 2024-06-01 2025-05-31 12851621 bus:FullAccounts 2024-06-01 2025-05-31 xbrli:pure xbrli:shares iso4217:GBP