Company Registration No. 11087233 (England and Wales)
GVB PROPERTY INVESTMENTS LTD
Unaudited accounts
for the year ended 31 October 2025
GVB PROPERTY INVESTMENTS LTD
Statement of financial position
as at 31 October 2025
Investment property
1,112,590
672,931
Cash at bank and in hand
73,237
71,082
Creditors: amounts falling due within one year
(30,410)
(28,797)
Net current assets
75,075
50,318
Total assets less current liabilities
1,187,665
723,249
Creditors: amounts falling due after more than one year
(1,219,840)
(729,924)
Provisions for liabilities
Deferred tax
(29,352)
(29,352)
Net liabilities
(61,527)
(36,027)
Called up share capital
1,000
1,000
Revaluation reserve
125,131
125,131
Profit and loss account
(187,658)
(162,158)
Shareholders' funds
(61,527)
(36,027)
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by
Gary Briggs
Director
Company Registration No. 11087233
GVB PROPERTY INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 October 2025
GVB PROPERTY INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 11087233. The registered office is First Floor Offices, 25 Sanders Road, Finedon Road Industrial Estate, Wellingborough, Northamptonshire, NN8 4NL, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the gross rent due for the period.
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Straight line over 4 years
GVB PROPERTY INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Computer equipment
Fair value at 1 November 2024
672,931
At 31 October 2025
1,112,590
The fair value of the property portfolio has been arrived at on the basis of a valuation carried out at that date by the director of the company, who is not a professionally qualified valuer. The valuation was arrived at by reference to market evidence of transaction prices for similar properties in the locations in which the properties are situated.
Amounts falling due within one year
Accrued income and prepayments
25,973
2,483
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Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
180
Other creditors
6,275
6,369
Loans from directors
24,135
22,075
GVB PROPERTY INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 October 2025
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Creditors: amounts falling due after more than one year
2025
2024
Bank loans
858,569
456,653
Amounts owed to group undertakings and other participating interests
361,271
273,271
The bank loans are secured against the investment properties.
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
The ultimate parent company is GVB PROPERTY GROUP LTD (Company number: 11085443). The registered office of the ultimate parent company is First Floor Offices, 25 Sanders Road, Finedon Road Industrial Estate, Wellingborough, Northamptonshire, NN8 4NL.
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Average number of employees
During the year the average number of employees was 4 (2024: 4).