Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Goldcrest Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G A King

B G R King

C G T King

G F King

SECRETARY:

G A King

REGISTERED OFFICE:

146 High Street

Billericay

Essex

CM12 9DF

REGISTERED NUMBER:

01557828 (England and Wales)

ACCOUNTANTS:

Michael Letch & Partners LLP

Accountants

146 High Street

Billericay

Essex

CM12 9DF

FIXED ASSETS

Tangible assets

4

17,981

19,528

Investment property

5

2,695,135

2,840,890

2,713,116

2,860,418

CURRENT ASSETS

Stocks

154,558

154,558

Debtors

6

217,170

125,200

Investments

7

36,234

36,234

Cash at bank

164,630

41,393

572,592

357,385

CREDITORS

Amounts falling due within one year

8

659,322

706,901

NET CURRENT LIABILITIES

(86,730

)

(349,516

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,626,386

2,510,902

PROVISIONS FOR LIABILITIES

9

39,768

40,022

NET ASSETS

2,586,618

2,470,880

CAPITAL AND RESERVES

Called up share capital

100

100

Group reconstruction reserve

1,899,921

1,899,921

Fair value reserve

10

256,576

256,576

Retained earnings

430,021

314,283

SHAREHOLDERS' FUNDS

2,586,618

2,470,880

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 11 May 2026 and were signed on its behalf by:

B G R King - Director

1.	STATUTORY INFORMATION

Goldcrest Holdings 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

Going concern

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.

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2025

87,308

154,588

241,896

Additions

4,447

-

4,447

At 31 March 2026

91,755

154,588

246,343

DEPRECIATION

At 1 April 2025

87,308

135,060

222,368

Charge for year

1,112

4,882

5,994

At 31 March 2026

88,420

139,942

228,362

NET BOOK VALUE

At 31 March 2026

3,335

14,646

17,981

At 31 March 2025

-

19,528

19,528

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

2,840,890

Disposals

(145,755

)

At 31 March 2026

2,695,135

NET BOOK VALUE

At 31 March 2026

2,695,135

At 31 March 2025

2,840,890

The company's has a number of freehold properties. The property in Benfleet Essex was valued on the open market on 1 January 2004 at £315,000, the other properties are all shown at cost.. The directors consider that there has been no significant change to the fair value at 31st March 2026.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

-

1,200

Other debtors

217,170

124,000

217,170

125,200

7.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Unlisted investments

36,234

36,234

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

4,799

8,018

Amounts owed to group undertakings

10,000

-

Tax

45,805

39,235

Social security and other taxes

4,660

5,590

Other creditors

592,092

652,092

Directors' loan accounts

16

16

Accrued expenses

1,950

1,950

659,322

706,901

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

39,768

40,022

Deferred

tax

£

Balance at 1 April 2025

40,022

Provided during year

(254

)

Balance at 31 March 2026

39,768

10.

RESERVES

Fair

value

reserve

£

At 1 April 2025

and 31 March 2026

256,576