1 August 2024 false Taxfiler 2024.6 08670718 business:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 08670718 2024-07-31 08670718 2024-08-01 2025-07-31 08670718 business:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 08670718 business:FilletedAccounts 2024-08-01 2025-07-31 08670718 2025-07-31 08670718 2024-07-31 08670718 core:WithinOneYear 2025-07-31 08670718 core:WithinOneYear 2024-07-31 08670718 core:AfterOneYear 2025-07-31 08670718 core:AfterOneYear 2024-07-31 08670718 core:ShareCapital core:PreviouslyStatedAmount 2025-07-31 08670718 core:ShareCapital core:PreviouslyStatedAmount 2024-07-31 08670718 core:RevaluationReserve core:PreviouslyStatedAmount 2025-07-31 08670718 core:RevaluationReserve core:PreviouslyStatedAmount 2024-07-31 08670718 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-07-31 08670718 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-07-31 08670718 core:PreviouslyStatedAmount 2025-07-31 08670718 core:PreviouslyStatedAmount 2024-07-31 08670718 business:SmallEntities 2024-08-01 2025-07-31 08670718 business:Director1 2024-08-01 2025-07-31 08670718 countries:EnglandWales 2024-08-01 2025-07-31 08670718 business:RegisteredOffice 2024-08-01 2025-07-31 08670718 core:PlantMachinery 2024-08-01 2025-07-31 08670718 core:MotorVehicles 2024-08-01 2025-07-31 08670718 core:FurnitureFittings 2024-08-01 2025-07-31 08670718 core:ComputerEquipment 2024-08-01 2025-07-31 08670718 core:PlantMachinery 2024-07-31 08670718 core:MotorVehicles 2024-07-31 08670718 core:FurnitureFittings 2024-07-31 08670718 core:ComputerEquipment 2024-07-31 08670718 core:PlantMachinery 2025-07-31 08670718 core:MotorVehicles 2025-07-31 08670718 core:FurnitureFittings 2025-07-31 08670718 core:ComputerEquipment 2025-07-31 08670718 core:AcceleratedTaxDepreciationDeferredTax 2025-07-31 08670718 core:AcceleratedTaxDepreciationDeferredTax 2024-07-31 08670718 2023-07-31 08670718 2023-08-01 2024-07-31 08670718 business:OrdinaryShareClass1 2024-08-01 2025-07-31 08670718 business:OrdinaryShareClass1 2023-08-01 2024-07-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08670718 (England and Wales)
Student House Gillingham Limited Unaudited accounts for the year ended 31 July 2025
Student House Gillingham Limited Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
- 2 -
Student House Gillingham Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,046
5,057
Investment property
5
1,841,687
1,539,183
1,845,733
1,544,240
Current assets
Debtors
6
3,517
(135)
Cash at bank and in hand
173,138
6,991
176,655
6,856
Creditors: amounts falling due within one year
7
790
(11,078)
Net current assets/(liabilities)
177,445
(4,222)
Total assets less current liabilities
2,023,178
1,540,018
Creditors: amounts falling due after more than one year
8
(1,565,228)
(1,143,119)
Provisions for liabilities
Deferred tax
9
(40,328)
(33,808)
Net assets
417,622
363,091
Capital and reserves
Called up share capital
10
1
1
Revaluation reserve
144,127
144,127
Profit and loss account
273,494
218,963
Shareholders' funds
417,622
363,091
For the year ending 31 July 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 July 2026 and were signed on its behalf by
Craig Sullivan Director Company Registration No. 08670718
- 3 -
Student House Gillingham Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Student House Gillingham Limited is a private company, limited by shares, registered in England and Wales, registration number 08670718. The registered office is 85 Baden Road, Gillingham, ME7 1QZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
- 4 -
Student House Gillingham Limited Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2024
3,596
1,495
6,543
8,286
19,920
At 31 July 2025
3,596
1,495
6,543
8,286
19,920
Depreciation
At 1 August 2024
2,180
1,495
4,472
6,716
14,863
Charge for the year
283
-
414
314
1,011
At 31 July 2025
2,463
1,495
4,886
7,030
15,874
Net book value
At 31 July 2025
1,133
-
1,657
1,256
4,046
At 31 July 2024
1,416
-
2,071
1,570
5,057
5
Investment property
2025
£
Fair value at 1 August 2024
1,539,183
Additions
268,187
Net gain from fair value adjustments
34,317
At 31 July 2025
1,841,687
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
3,780
192
Other debtors
(263)
(327)
3,517
(135)
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
2,709
269
Taxes and social security
(3,499)
10,809
(790)
11,078
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,371,189
1,008,989
Loans from directors
194,039
134,130
1,565,228
1,143,119
- 5 -
Student House Gillingham Limited Notes to the Accounts for the year ended 31 July 2025
9
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
40,328
33,808
2025
2024
£
£
Provision at start of year
33,808
33,808
Charged to the profit and loss account
6,520
-
Provision at end of year
40,328
33,808
10
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
11
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -