Gaul Properties Limited

Unaudited Financial Statements for the Year Ended 31 October 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss G F Nagus

REGISTERED OFFICE:

48 - 52 Penny Lane

Mossley Hill

Liverpool

Merseyside

L18 1DG

REGISTERED NUMBER:

15213514 (England and Wales)

ACCOUNTANTS:

Matthews Sutton & Co Ltd

Chartered Certified Accountants

48 - 52 Penny Lane

Mossley Hill

Liverpool

Merseyside

L18 1DG

FIXED ASSETS

Tangible assets

4

897

-

Investment property

5

262,984

161,576

263,881

161,576

CURRENT ASSETS

Debtors

6

1,740

-

Cash at bank

16,266

5,549

18,006

5,549

CREDITORS

Amounts falling due within one year

7

79,933

48,256

NET CURRENT LIABILITIES

(61,927

)

(42,707

)

TOTAL ASSETS LESS CURRENT LIABILITIES

201,954

118,869

CREDITORS

Amounts falling due after more than one year

8

189,490

115,480

NET ASSETS

12,464

3,389

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

12,462

3,387

12,464

3,389

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 director acknowledges her 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 director and authorised for issue on 26 June 2026 and were signed by:

Miss G F Nagus - Director

1.	STATUTORY INFORMATION

Gaul 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 as rents receivable excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

1,121

At 31 October 2025

1,121

DEPRECIATION

Charge for year

224

At 31 October 2025

224

NET BOOK VALUE

At 31 October 2025

897

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

161,576

Additions

101,408

At 31 October 2025

262,984

NET BOOK VALUE

At 31 October 2025

262,984

At 31 October 2024

161,576

Investment properties were valued using market data by the director on the 31/10/2025.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,740

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

97

95

Taxation and social security

1,918

795

Other creditors

77,918

47,366

79,933

48,256

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

189,490

115,480

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

189,490

115,480