Gulman Consultants Limited - Filleted accounts

Registered number

01346273

Gulman Consultants Limited

Filleted Accounts

31 December 2025

Gulman Consultants Limited
Registered number:		01346273
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,991,414			733,339
Investments	4		116,580			116,580
			2,107,994			849,919

Current assets
Debtors	5	123,601			218,437
Cash at bank and in hand		28,888			15,283
		152,489			233,720

Creditors: amounts falling due within one year	6	(24,385)			(24,964)

Net current assets			128,104			208,756

Total assets less current liabilities			2,236,098			1,058,675


Provisions for liabilities			(280,505)			-


Net assets			1,955,593			1,058,675

Capital and reserves
Called up share capital			5,000			5,000
Revaluation reserve	8		841,515			-
Profit and loss account			1,109,078			1,053,675

Shareholders' funds			1,955,593			1,058,675

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




T. S. Mandair
Director
Approved by the board on 5 June 2026

Gulman Consultants Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes rental income from properties owned by the company.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	25% Reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 January 2025	732,738		4,196		736,934
	Additions	136,175		-		136,175
	Surplus on revaluation	1,122,020		-		1,122,020
	At 31 December 2025	1,990,933		4,196		1,995,129

	Depreciation
	At 1 January 2025	-		3,595		3,595
	Charge for the year	-		120		120
	At 31 December 2025	-		3,715		3,715

	Net book value
	At 31 December 2025	1,990,933		481		1,991,414
	At 31 December 2024	732,738		601		733,339


	Freehold land and buildings:			2025		2024
£					£
	Historical cost			868,913		732,738
	Cumulative depreciation based on historical cost			-		-
				868,913		732,738
	The properties have not been valued professionally. However, the directors have estimated their value based on a rental yield of 6%.


4	Investments

Other
investments
£
	Cost
	At 1 January 2025					116,580

	At 31 December 2025					116,580

	Historical cost
	At 1 January 2025					116,580
	At 31 December 2025					116,580



5	Debtors			2025		2024
£					£

	Trade debtors			17,525		22,500
	Other debtors - Aton Investments Ltd			106,076		195,937
				123,601		218,437


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			-		1,084
	Trade creditors			1,255		546
	Taxation and social security costs			18,317		19,096
	Prepaid rents and deposits			4,813		4,238
				24,385		24,964


7	Loans			2025		2024
£					£
	Creditors include:

	Secured bank loans			-		1,084




8	Revaluation reserve			2025		2024
£					£

	Gain on revaluation of land and buildings			1,122,020		-
	Deferred taxation arising on the revaluation of land and buildings			(280,505)		-

	At 31 December 2025			841,515		-


9	Other information

	Gulman Consultants Limited is a private company limited by shares and incorporated in England. Its registered office is:
	21 Colbert Avenue
	Southend On Sea
	Essex
	SS1 3BH