G L Mills Property Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 15362475 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

G L Mills Property Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S A Mills

SECRETARY:

REGISTERED OFFICE:

134 Northampton Road

Wellingborough

Northamptonshire

NN8 3PJ

REGISTERED NUMBER:

15362475 (England and Wales)

ACCOUNTANTS:

Clifford Roberts

63 Broad Green

Wellingborough

Northamptonshire

NN8 4LQ

FIXED ASSETS

Investment property

4

175,383

CURRENT ASSETS

Debtors

5

24

-

Cash at bank

2,505

383

2,529

383

CREDITORS

Amounts falling due within one year

6

61,660

50,689

NET CURRENT LIABILITIES

(59,131

)

(50,306

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

116,252

125,077

CREDITORS

Amounts falling due after more than one
year

7

126,709

126,995

NET LIABILITIES

(10,457

)

(1,918

)

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

10

(10,557

)

(2,018

)

SHAREHOLDERS' FUNDS

(10,457

)

(1,918

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 August 2026 and were signed by:

Mr S A Mills - Director

1.	STATUTORY INFORMATION

G L Mills Property Company Limited 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.

Revenue

Turnover represents net invoices sale of goods and services, excluding value added tax.

Investment property

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

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 balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - NIL ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

175,383

NET BOOK VALUE

At 31 December 2025

175,383

At 31 December 2024

175,383

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

24

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed to group undertakings

17,728

7,383

Directors' current accounts

42,632

42,006

Accrued expenses

1,300

61,660

50,689

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Other loans (see note 8)

126,709

126,995

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

126,709

126,995

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

126,709

126,995

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

1

100

10.

RESERVES

Retained

earnings

£

At 1 January 2025

(2,018

)

Deficit for the year

(8,539

)

At 31 December 2025

(10,557

)

11.	GOING CONCERN

The financial statements have been prepared on a going concern basis, on the understanding that the director will continue to financially support the company in order for it to continue trading for a period of at least 12 months from the date of approval of these financial statements.