GHL Properties Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 12141965

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		8,424		11,574
Investment Properties	5		2,042,405		1,979,651

			2,050,829		1,991,225
CURRENT ASSETS
Debtors	6	27,167		-
Cash at bank and in hand		10,138		5,938

		37,305		5,938
Creditors: Amounts Falling Due Within One Year	7	(456,862 )		(430,277 )

NET CURRENT ASSETS (LIABILITIES)			(419,557 )		(424,339 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,631,272		1,566,886

Creditors: Amounts Falling Due After More Than One Year	8		(1,623,793 )		(1,582,773 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(3,844 )		(8,315 )

NET ASSETS/(LIABILITIES)			3,635		(24,202 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Revaluation reserve	10		61,698		61,698
Income Statement			(58,163 )		(86,000 )

SHAREHOLDERS' FUNDS			3,635		(24,202)

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GHL Properties Ltd

Statement of Financial Position (continued)

As At 31 August 2025

For the year ending 31 August 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mrs H Xu

Director

20/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

GHL Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12141965 . The registered office is 59 Grass Meers Drive, Bristol, BS14 0LG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% straight line
Motor Vehicles	25% reducing balance
Fixtures & Fittings	20% straight line

2.4. 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 at the reporting end date. Changes in fair value are recognised in

profit or loss.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost or Valuation
As at 1 September 2024	538	8,500	5,747	14,785

As at 31 August 2025	538	8,500	5,747	14,785

...CONTINUED

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GHL Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

Depreciation
As at 1 September 2024	363	87	2,761	3,211
Provided during the period	64	2,212	874	3,150

As at 31 August 2025	427	2,299	3,635	6,361

Net Book Value
As at 31 August 2025	111	6,201	2,112	8,424

As at 1 September 2024	175	8,413	2,986	11,574

5. Investment Property

	2025
	£
Fair Value
As at 1 September 2024	1,979,651
Additions	62,754

As at 31 August 2025	2,042,405

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	27,167	-

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	2
Other creditors	5,928	4,005
Bank loans current position	58,507	83,445
Accruals and deferred income	-	17,608
Directors' loan accounts	392,427	325,217

	456,862	430,277

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Mortgage for 87a Redland Rd	750,630	709,582
Mortgage for 41 and 41a St John's Crescent	574,609	556,042
Mortgage for 20 Highfields Close	298,554	284,569
Other long term loans	-	32,580

	1,623,793	1,582,773

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GHL Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.000 each	100	100

10. Reserves

	Revaluation reserve	Income Statement
	£	£
As at 1 September 2024	61,698	(86,000 )
Profit for the year and total comprehensive income	-	27,837

As at 31 August 2025	61,698	(58,163 )

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