REGISTERED NUMBER: 14404927 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Gloucester Property Group Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

T J McGregor

N H Siddiqui

REGISTERED OFFICE:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

GL3 3RS

REGISTERED NUMBER:

14404927 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

FIXED ASSETS

Tangible assets

4

2,078

-

Investment property

5

180,000

-

182,078

-

CURRENT ASSETS

Debtors

6

723

23,875

Cash at bank

101

16,508

824

40,383

CREDITORS

Amounts falling due within one year

7

116,109

48,577

NET CURRENT LIABILITIES

(115,285

)

(8,194

)

TOTAL ASSETS LESS CURRENT LIABILITIES

66,793

(8,194

)

CREDITORS

Amounts falling due after more than one year

8

103,000

-

NET LIABILITIES

(36,207

)

(8,194

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(36,307

)

(8,294

)

SHAREHOLDERS' FUNDS

(36,207

)

(8,194

)

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 directors acknowledge their 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 Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

T J McGregor - Director

N H Siddiqui - Director

1.	STATUTORY INFORMATION

Gloucester Property Group Ltd 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 represents rental income due for the accounting period from the investment property.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Income Statement.

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 statement of financial position date.

Going concern

Despite net current liabilities at 31 October 2025 of £115,285 (2024 - £8,194), the accounts have been prepared on a going concern basis. The directors have reviewed the future cashflows of the business and have expressed their willingness to financially support the company for the foreseeable future, deeming the going concern method of preparation to be appropriate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

Cost

Additions

2,187

At 31 October 2025

2,187

Depreciation

Charge for year

109

At 31 October 2025

109

Net book value

At 31 October 2025

2,078

5.	INVESTMENT PROPERTY

Total

£

Fair value

Additions

186,692

Impairments

(6,692

)

At 31 October 2025

180,000

Net book value

At 31 October 2025

180,000

The directors have reviewed the local property market and have made enquiries with a local property agent to ascertain the fair value of the investment property at 31 October 2025. Based on this review, an impairment has been recognised as shown above.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Trade debtors

668

-

Other debtors

55

23,875

723

23,875

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Trade creditors

-

34

Other creditors

116,109

48,543

116,109

48,577

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/25

31/10/24

£

£

Bank loans

103,000

-

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

103,000

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/10/25

31/10/24

£

£

Bank loans

103,000

-

The bank loan is secured by way of a fixed charge over the company's investment property.

10.	RELATED PARTY DISCLOSURES

T J McGregor

Director

The director has loaned funds to the company. At 31 October 2025, the company owed the director T J McGregor £57,719 (2024 - £24,662). The loan is interest free with no fixed repayment terms.

N H Siddiqui

Director

The director has loaned funds to the company. At 31 October 2025, the company owed the director N H Siddiqui £57,760 (2024 - £23,258). The loan is interest free with no fixed repayment terms.