GH Innovation Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09854125

GH Innovation Ltd

Filleted Unaudited Financial Statements

30 November 2025

GH Innovation Ltd

Financial Statements

Year ended 30 November 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

GH Innovation Ltd

Statement of Financial Position

30 November 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	5	11,916	5,500
Tangible assets	6	46,495	1,122
Investments	7	358,286	329,049
		---------	---------
		416,697	335,671

Current assets

Debtors	8	65,726	64,250
Cash at bank and in hand		169,244	273,510
		---------	---------
		234,970	337,760

Creditors: amounts falling due within one year	9	7,389	1,175
		---------	---------
Net current assets		227,581	336,585
		---------	---------
Total assets less current liabilities		644,278	672,256

Creditors: amounts falling due after more than one year	10	26,526	–
		---------	---------
Net assets		617,752	672,256
		---------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	617,751	672,255
	---------	---------
Shareholders funds	617,752	672,256
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

GH Innovation Ltd

Statement of Financial Position (continued)

30 November 2025

These financial statements were approved by the board of directors and authorised for issue on 11 August 2026 , and are signed on behalf of the board by:

Mr G Hudson
Director

Company registration number: 09854125

GH Innovation Ltd

Notes to the Financial Statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Patents, trademarks and licences	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	20% straight line
Equipment	-	20% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Intangible assets

	Patents, trademarks and licences
	£
Cost
At 1 December 2024	8,143
Additions	9,644
	--------
At 30 November 2025	17,787
	--------
Amortisation
At 1 December 2024	2,643
Charge for the year	3,228
	--------
At 30 November 2025	5,871
	--------
Carrying amount
At 30 November 2025	11,916
	--------
At 30 November 2024	5,500
	--------

6. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 December 2024	–	1,682	1,682
Additions	45,765	786	46,551
	--------	-------	--------
At 30 November 2025	45,765	2,468	48,233
	--------	-------	--------
Depreciation
At 1 December 2024	–	560	560
Charge for the year	763	415	1,178
	--------	-------	--------
At 30 November 2025	763	975	1,738
	--------	-------	--------
Carrying amount
At 30 November 2025	45,002	1,493	46,495
	--------	-------	--------
At 30 November 2024	–	1,122	1,122
	--------	-------	--------

7. Investments

	Other investments other than loans
	£
Cost
At 1 December 2024	329,049
Additions	8,385
Revaluations	22,757
Other movements	( 1,905)
	---------
At 30 November 2025	358,286
	---------
Impairment
At 1 December 2024 and 30 November 2025	–
	---------

Carrying amount
At 30 November 2025	358,286
	---------
At 30 November 2024	329,049
	---------

8. Debtors

	2025	2024
	£	£
Other debtors	65,726	64,250
	--------	--------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Other creditors	7,389	1,175
	-------	-------

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	26,526	–
	--------	----

11. Director's advances, credits and guarantees

At the year end the company was owed £65,563 by a director (2024: £62,961). During the year aggregate advances of £70,233 were made to and repayments of £69,347 were made by a director. Interest of £1,716 was charged on the overdrawn balance.