REGISTERED NUMBER: 07882078 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

GHUMAN PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B S Ghuman

Mrs J K Ghuman

REGISTERED OFFICE:

5 Newton Square

Great Barr

Birmingham

West Midlands

B43 6DY

REGISTERED NUMBER:

07882078 (England and Wales)

FIXED ASSETS

Investment property

4

372,085

372,085

CURRENT ASSETS

Debtors

5

3,430

-

Cash at bank and in hand

1,000

17,786

4,430

17,786

CREDITORS

Amounts falling due within one year

6

33,949

46,067

NET CURRENT LIABILITIES

(29,519

)

(28,281

)

TOTAL ASSETS LESS CURRENT LIABILITIES

342,566

343,804

CREDITORS

Amounts falling due after more than one year

7

254,551

268,505

NET ASSETS

88,015

75,299

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Retained earnings

10

87,015

74,299

SHAREHOLDERS' FUNDS

88,015

75,299

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2026 and were signed on its behalf by:

B S Ghuman - Director

1.	STATUTORY INFORMATION

Ghuman Properties Limited 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. 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.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 1 ).

4.	INVESTMENT PROPERTY

Total

£

COST

At 1 June 2024

and 31 May 2025

372,085

NET BOOK VALUE

At 31 May 2025

372,085

At 31 May 2024

372,085

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

BRG Properties Ltd

3,430

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Trade creditors

1,408

1,152

Tax

-

7,643

Social security and other taxes

-

352

Rent Deposit

825

-

Net wages

-

2,083

Directors' current accounts

30,576

33,721

Accrued expenses

1,140

1,116

33,949

46,067

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/5/25

31/5/24

£

£

Bank loans (see note 8)

254,551

268,505

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

137,218

144,772

Loan > 5 years Interest Only

83,069

83,104

220,287

227,876

8.

LOANS

An analysis of the maturity of loans is given below:

31/5/25

31/5/24

£

£

Amounts falling due between two and five years:

Bounce Back Loan

34,264

40,629

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

137,218

144,772

Loan > 5 years Interest Only

83,069

83,104

220,287

227,876

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/5/25

31/5/24

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10.

RESERVES

Retained

earnings

£

At 1 June 2024

74,299

Profit for the year

12,716

At 31 May 2025

87,015