Company registration number: 14395790
Annual report and unaudited financial statements
for the year ended 31 October 2025
for
GULF DEVELOPMENT & CONSTRUCTION LTD
Pages for filing with the Registrar
Company registration number: 14395790
GULF DEVELOPMENT & CONSTRUCTION LTD
Balance sheet
as at 31 October 2025
2025 2024
Note £ £ £ £
Fixed assets
Investment property 4 282,373 235,957
282,373 235,957
Current assets
Cash at bank and in hand 37,911 15
37,911 15
Creditors: amounts falling due within one year
(90,235) (244,725)
Net current liabilities (52,324) (244,710)
Total assets less current liabilities 230,049 (8,753)
NET ASSETS/(LIABILITIES) 230,049 (8,753)
Capital and reserves
Called up share capital 253,670 -
Profit and loss account (23,621) (8,753)
TOTAL EQUITY 230,049 (8,753)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 October 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 14395790
GULF DEVELOPMENT & CONSTRUCTION LTD
Balance sheet - continued
as at 31 October 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr S Alhamoud, Director
31 July 2026
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GULF DEVELOPMENT & CONSTRUCTION LTD
Notes to the financial statements
for the year ended 31 October 2025
1 Company information
GULF DEVELOPMENT & CONSTRUCTION LTD is a private company registered in England and Wales. Its registered number is 14395790. The company is limited by shares. Its registered office is 510 - 512 Prescot Road, Old Swan, Liverpool, Merseyside, L13 3DB.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
3 Average number of employees
During the year the average number of employees was (2024 - ).
4 Investment property
£
Valuation
At 1 November 2024 235,957
Additions 46,416
Disposals -
At 31 October 2025 282,373
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