GCH Associates Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01461583

GCH Associates Ltd

Unaudited financial statements

30 April 2026

GCH Associates Ltd

Statement of financial position

30 April 2026

	2026		2025
			(restated)
Note	£	£	£	£

Fixed assets

Tangible assets	5	7,184	12,176
Investments	6	975,001	764,119
		---------	---------
		982,185	776,295

Current assets

Debtors	7	22,071	26,342
Cash at bank and in hand		1,767,921	1,301,257
		-----------	-----------
		1,789,992	1,327,599

Creditors: Amounts falling due within one year	8	( 699,815)		( 176,893)
		-----------		-----------
Net current assets			1,090,177		1,150,706
			-----------		-----------
Total assets less current liabilities			2,072,362		1,927,001
			-----------		-----------
Net assets			2,072,362		1,927,001
			-----------		-----------

Capital and reserves

Called up share capital	26,000	26,000
Capital redemption reserve	24,000	24,000
Freehold investment property valuation reserve	285,882	–
Profit and loss account	1,736,480	1,877,001
	-----------	-----------
Shareholders funds	2,072,362	1,927,001
	-----------	-----------

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 comprehensive income has not been delivered.

For the year ending 30 April 2026 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 .

GCH Associates Ltd

Statement of financial position (continued)

30 April 2026

These financial statements were approved by the board of directors and authorised for issue on 21 August 2026 , and are signed on behalf of the board by:

R J Butler
Director

Company registration number: 01461583

GCH Associates Ltd

Notes to the financial statements

Year ended 30 April 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4 Water Lane, Bures, Essex, CO8 5DE.

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. The financial statements are prepared in sterling, which is the functional currency of the entity and is rounded to the nearest £.

Judgements and key sources of estimation uncertainty

Estimates and judgements used in preparing the financial statements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The resulting accounting estimates will, by definition seldom equal the related actual results. Any subsequent changes are accounted for with an effect on income at the time such updated information is available. The directors consider that there are no estimates or assumptions that have a significant effect on the financial statements.

Revenue recognition

Turnover is recognised at the fair value of the consideration received or receivable in the ordinary course of business, and is shown net of Value Added Tax. Rental income is recognised on an accruals basis in line with lease terms and arises solely in the UK. Interest income is recognised using the effective interest method in the period to which it relates.

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. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and 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:

Plant and machinery	-	15% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	25% reducing balance and 33% straight line

Investments

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

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are 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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. 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. Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of employees during the year was 4 (2025: 4 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 May 2025 (as restated)	13,769	6,735	20,504
Disposals	–	( 3,972)	( 3,972)
	-------	------	-------
At 30 April 2026	13,769	2,763	16,532
	-------	------	-------
Depreciation
At 1 May 2025	4,949	3,379	8,328
Charge for the year	2,205	921	3,126
Disposals	–	( 2,106)	( 2,106)
	-------	------	-------
At 30 April 2026	7,154	2,194	9,348
	-------	------	-------
Carrying amount
At 30 April 2026	6,615	569	7,184
	-------	------	-------
At 30 April 2025	8,820	3,356	12,176
	-------	------	-------

6. Investments

	Shares in group undertakings	Investment property	Total
	£	£	£
Cost
At 1 May 2025 as restated	1,295,178	764,118	2,059,296
Revaluations	–	210,882	210,882
	-----------	---------	-----------
At 30 April 2026	1,295,178	975,000	2,270,178
	-----------	---------	-----------
Impairment
At 1 May 2025 as restated and 30 April 2026	1,295,177	–	1,295,177
	-----------	---------	-----------

Carrying amount
At 30 April 2026	1	975,000	975,001
	-----------	---------	-----------
At 30 April 2025	1	764,118	764,119
	-----------	---------	-----------

Investment property comprises an industrial property in Chelmsford and other land.

Investments held at valuation

Investments comprises investment properties held by the Company. The fair value of the Company's investment property at 30 April 2026 has been determined by the directors. In arriving at this valuation, the directors considered evidence of transaction prices for similar properties and other relevant data available at the reporting date. The valuation has been made on an open market value basis and reflects the directors' assessment of fair value in light of current economic conditions.

In respect of investments held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

	Investment property
	£
At 30 April 2026
Aggregate cost	1,175,664
Aggregate depreciation	–
	-----------
Carrying value	1,175,664
	-----------

At 30 April 2025
Aggregate cost	893,694
Aggregate depreciation	–
	---------
Carrying value	893,694
	---------

7. Debtors

	2026	2025
		(restated)
	£	£
Other debtors	22,071	26,342
	-------	-------

8. Creditors: Amounts falling due within one year

	2026	2025
		(restated)
	£	£
Trade creditors	15,093	12,319
Amounts owed to group undertakings	–	1
Social security and other taxes	4,316	26,071
Other creditors	680,406	138,502
	---------	---------
	699,815	176,893
	---------	---------

9. Prior period errors

During the financial year ended 30 April 2024, the Company's dividends paid to shareholders were reported incorrectly in the financial statements, understating the Company's reserves. This has been adjusted for in the financial year ended 30 April 2025 by way of a prior period adjustment, and the following changes were made in line with this adjustment: DR Accruals & deferred income - £61,048 CR Profit and loss account - £61,048

10. Events after the end of the reporting period

On 14 July 2026 the Company's shares in group undertakings, being shareholdings in Titanstrong Limited and Waterhouse Limited, which are included in the accounts at a value of £1, were disposed of as the companies were dissolved at this date.