Registration number: 04129924

GEJ Property Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5 to 9

GEJ Property Limited

Company Information

Directors

Mrs S Lifely Mr N Lifely

Company secretary

Mr N Lifely

Registered office

Corn Shed Lower Farm Tibberton Gloucester Gloucestershire GL19 3AQ

Accountants

Burton Sweet Chartered Certified AccountantsCornerstone House Midland Way Thornbury Bristol BS35 2BS

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
GEJ Property Limited
for the Year Ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GEJ Property Limited for the year ended 31 December 2025 as set out on pages 3 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of GEJ Property Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of GEJ Property Limited and state those matters that we have agreed to state to the Board of Directors of GEJ Property Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GEJ Property Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that GEJ Property Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of GEJ Property Limited. You consider that GEJ Property Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of GEJ Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Burton Sweet
Chartered Certified Accountants
Cornerstone House
Midland Way
Thornbury
Bristol
BS35 2BS

28 February 2026

GEJ Property Limited

(Registration number: 04129924)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	52,708	54,684
Investment property	5	2,329,223	2,329,223
		2,381,931	2,383,907
Current assets
Cash at bank and in hand		20,794	21,002
Creditors: Amounts falling due within one year	6	(44,631)	(150,914)
Net current liabilities		(23,837)	(129,912)
Net assets		2,358,094	2,253,995
Capital and reserves
Called up share capital		1,300	1,300
Retained earnings		2,356,794	2,252,695
Shareholders' funds		2,358,094	2,253,995

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 28 February 2026 and signed on its behalf by:
 

GEJ Property Limited

(Registration number: 04129924)
Balance Sheet as at 31 December 2025

......................................... Mrs S Lifely Director

......................................... Mr N Lifely Director

GEJ Property Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Corn Shed
Lower Farm
Tibberton
Gloucester
Gloucestershire
GL19 3AQ

These financial statements were authorised for issue by the Board on 28 February 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

GEJ Property Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures & Fittings	25% reducing balance
Freehold Property	Not depreciated

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initiially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measuread at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

GEJ Property Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

GEJ Property Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Land and buildings £	Fixtures and fittings £	Other tangible assets  £	Total £
Cost or valuation
At 1 January 2025	45,660	25,481	2,749	73,890
Additions	-	-	359	359
At 31 December 2025	45,660	25,481	3,108	74,249
Depreciation
At 1 January 2025	-	18,179	1,027	19,206
Charge for the year	-	1,816	519	2,335
At 31 December 2025	-	19,995	1,546	21,541
Carrying amount
At 31 December 2025	45,660	5,486	1,562	52,708
At 31 December 2024	45,660	7,302	1,722	54,684

Included within the net book value of land and buildings above is £45,660 (2024 - £45,660) in respect of freehold land and buildings.
 

5	Investment properties

	2025 £
At 1 January	2,329,223
At 31 December	2,329,223

The Directors of the company consider that the fair value of the investement properties are not materially different from their cost.

There has been no valuation of investment property by an independent valuer.

GEJ Property Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	42,472	149,076
Accruals and deferred income	900	900
Other creditors	1,259	938
	44,631	150,914

7	Related party transactions

Transactions with directors

2025	At 1 January 2025 £	Advances to director £	Repayments by director £	At 31 December 2025 £
Loan to company	(387)	103,891	(104,212)	(708)

2024	At 1 January 2024 £	Advances to director £	Repayments by director £	At 31 December 2024 £
Loan to company	(434,311)	569,625	(135,702)	(387)