Good Champion Homes 2 Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 15908087

		31 August 2025
	Notes	£	£
CURRENT ASSETS
Stocks	4	736,646
Debtors	5	6,139
Cash at bank and in hand		373

		743,158
Creditors: Amounts Falling Due Within One Year	6	(748,997 )

NET CURRENT ASSETS (LIABILITIES)			(5,839 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(5,839 )

NET LIABILITIES			(5,839 )

CAPITAL AND RESERVES
Called up share capital	8		100
Profit and Loss Account			(5,939 )

SHAREHOLDERS' FUNDS			(5,839)

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Good Champion Homes 2 Ltd

Balance Sheet (continued)

As At 31 August 2025

For the period ending 31 August 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Nicholas John Champion

Director

20 August 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Good Champion Homes 2 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15908087 . The registered office is Manor House, Church Road, Stansted, Essex, CM24 8PZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors believe that the company would have sufficient resources to continue to trade for foreseeable future.

2.3. Turnover

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:

Sale of trading properties

Turnover from the sale of trading properties is recognised in the income statement when the significant risks and rewards of ownership have been transferred to the buyer, which is usually at the completion.

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1

4. Stocks

	31 August 2025
	£
Stock - Properties under development	736,646

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Good Champion Homes 2 Ltd

Notes to the Financial Statements (continued)

For the Period 20 August 2024 to 31 August 2025

5. Debtors

	31 August 2025
	£
Due within one year
Prepayments and accrued income	6,139

6. Creditors: Amounts Falling Due Within One Year

	31 August 2025
	£
Bank loans and overdrafts	565,000
Accruals and deferred income	24,575
Directors' loan accounts	159,422

	748,997

7. Secured Creditors

Of the creditors the following amounts are secured.

	31 August 2025
	£
Bank loans and overdrafts	565,000

8. Share Capital

	31 August 2025
	£
Allotted, Called up and fully paid	100

9. Related Party Transactions

Included in creditors due within one year is an amount of £159,422 owed to its directors. The amount is interest free and repayable on demand.

10. Ultimate Controlling Party

The company's ultimate controlling party is Nicholas John Champion by virtue of the ownership of 100% of the issued share capital in the company.

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