REGISTERED NUMBER: 14102540 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

GOOSEACRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A H Kavia

N Shah

S S Sirah

V Vedi

REGISTERED OFFICE:

Silver Springs

Over The Misbourne Road

Denham

Uxbridge

UB9 5DR

REGISTERED NUMBER:

14102540 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

CURRENT ASSETS

Stocks

2,558,141

2,532,031

Debtors

4

3,038

10,145

Cash at bank and in hand

43,602

78,887

2,604,781

2,621,063

CREDITORS

Amounts falling due within one year

5

647,916

3,017,710

NET CURRENT ASSETS/(LIABILITIES)

1,956,865

(396,647

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,956,865

(396,647

)

CREDITORS

Amounts falling due after more than one year

6

2,486,753

-

NET LIABILITIES

(529,888

)

(396,647

)

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

(529,892

)

(396,651

)

(529,888

)

(396,647

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 16 July 2026 and were signed on its behalf by:

V Vedi - Director

1.	STATUTORY INFORMATION

Gooseacre 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.

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

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.

The company is showing net liabilities position at the balance sheet date. The company continues to trade as a going concern with the ongoing financial support from the directors and its lender. As such, the accounts have been prepared on this basis.

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.

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 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

VAT

709

56

Prepayments

2,329

10,089

3,038

10,145

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

-

2,284,650

Trade creditors

4,870

9,971

Other creditors

639,999

720,001

Accrued expenses

3,047

3,088

647,916

3,017,710

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans more 5 yrs non-inst

2,486,753

-

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

2,486,753

-

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Bank loans

2,486,753

2,284,650

Bank loan is secured against the asset to which the loan relates. The loan is also secured by personal guarantees provided by the directors Mr V Vedi, Mr S S Shah and Mr N Shah.

8.	RELATED PARTY DISCLOSURES

Included within other creditors is £612,567 (2024: £720,000) from companies under common directorship. The loans are unsecured, interest free and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The immediate parent company is Savand Re Holdings Limited.

There is no individual controlling party.