Gannock Park Developments Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 04937264

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		680,493		680,616

			680,493		680,616
CURRENT ASSETS
Debtors	5	-		600
Cash at bank and in hand		47		4,491

		47		5,091
Creditors: Amounts Falling Due Within One Year	6	(72,110 )		(86,620 )

NET CURRENT ASSETS (LIABILITIES)			(72,063 )		(81,529 )

TOTAL ASSETS LESS CURRENT LIABILITIES			608,430		599,087

Creditors: Amounts Falling Due After More Than One Year	7		(265,499 )		(265,499 )

NET ASSETS			342,931		333,588

CAPITAL AND RESERVES
Called up share capital	8		100		100
Revaluation reserve	9		223,000		223,000
Profit and Loss Account			119,831		110,488

SHAREHOLDERS' FUNDS			342,931		333,588

Page 1

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Gannock Park Developments Limited

Balance Sheet (continued)

As At 31 October 2025

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

The member has 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.

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 Profit and Loss Account.

On behalf of the board

Mr Robert Steven

Director

14th July 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Gannock Park Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04937264 . The registered office is Little Rosevine, Portscatho, Truro, Cornwall, TR2 5EJ.

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. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Freehold	No depreciation has been provided, as the property is revalued on a regular basis.
Fixtures & Fittings	20% per annum on reducing balance

2.3. Taxation

Corporation Tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when it related to items that are recognised in other comprehensive income or directly in equity, in which case, the current is also recognised in other comprehensive income or directly in equity respectively.

2.4. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

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

4. Tangible Assets

	Land & Property
	Freehold	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 November 2024	680,000	4,149	684,149

As at 31 October 2025	680,000	4,149	684,149

...CONTINUED

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Gannock Park Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

Depreciation
As at 1 November 2024	-	3,533	3,533
Provided during the period	-	123	123

As at 31 October 2025	-	3,656	3,656

Net Book Value
As at 31 October 2025	680,000	493	680,493

As at 1 November 2024	680,000	616	680,616

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	600

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	33,000	33,000
Corporation tax	2,220	5,089
Director's loan account	35,696	46,749
Accruals	1,194	1,782

	72,110	86,620

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

	2025	2024
	£	£
Director's loan account	265,499	265,499

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 November 2024	223,000	110,488
Profit for the year and total comprehensive income	-	9,343

As at 31 October 2025	223,000	119,831

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