Good Age Properties Ltd

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

Registered number: 15212062

		31 October 2025		31 October 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		420,000		140,000

			420,000		140,000
CURRENT ASSETS
Debtors	5	100		299
Cash at bank and in hand		1,596		1,057

		1,696		1,356
Creditors: Amounts Falling Due Within One Year	6	(280,681 )		(131,362 )

NET CURRENT ASSETS (LIABILITIES)			(278,985 )		(130,006 )

TOTAL ASSETS LESS CURRENT LIABILITIES			141,015		9,994

Creditors: Amounts Falling Due After More Than One Year	7		(108,150 )		-

PROVISIONS FOR LIABILITIES
Deferred Taxation			(6,225 )		(1,880 )

NET ASSETS			26,640		8,114

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			26,540		8,014

SHAREHOLDERS' FUNDS			26,640		8,114

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Good Age Properties Ltd

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

Mr Vena Obukohwo

Director

12/09/2026

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

1. General Information

Good Age Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15212062 . The registered office is Unit 1, Derwent Business Centre, Clarke Street, Derby, DE1 2BU.

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. Turnover

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

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property is based on director's valuations and has not been based on a valuation by an independent valuer with a professional qualification. No depreciation is provided for.

Changes in fair value are recognised in the profit and loss account.

2.4. Deferred Taxation

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

2.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1 (2024: 1)

4. Tangible Assets

	Investment Properties
	£
Cost or Valuation
As at 1 November 2024	140,000
Additions	238,210
Revaluation	41,790

As at 31 October 2025	420,000

Net Book Value
As at 31 October 2025	420,000

As at 1 November 2024	140,000

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Good Age Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

5. Debtors

	31 October 2025	31 October 2024
	£	£
Due within one year
Prepayments and accrued income	-	199
Other debtors	100	100

	100	299

6. Creditors: Amounts Falling Due Within One Year

	31 October 2025	31 October 2024
	£	£
Bank loans and overdrafts	-	49,125
Other creditors	233,512	30,000
Director's loan account	47,169	52,237

	280,681	131,362

7. Creditors: Amounts Falling Due After More Than One Year

	31 October 2025	31 October 2024
	£	£
Bank loans	108,150	-

8. Secured Creditors

Of the creditors falling due after more than one year the following amount is secured by a fixed charge over the investment property. The mortgage is interest only with a term of 30 years.

	31 October 2025		31 October 2024
	£		£
Bank loans and overdrafts	108,150		49,125

9. Share Capital

	31 October 2025	31 October 2024
	£	£
Allotted, Called up and fully paid	100	100

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