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Registered number: 10132430
GCGB Property Limited
Unaudited Financial Statements
For The Year Ended 30 April 2026
Optimise Accountants Ltd
Office 15 Bramley House 2a
Bramley Road
Long Eaton
Nottinghamshire
NG10 3SX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10132430
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 285,000 285,000
Investments 5 80,000 80,000
365,000 365,000
CURRENT ASSETS
Debtors 6 213 234
Cash at bank and in hand 1,650 4,243
1,863 4,477
Creditors: Amounts Falling Due Within One Year 7 (97,891 ) (93,523 )
NET CURRENT ASSETS (LIABILITIES) (96,028 ) (89,046 )
TOTAL ASSETS LESS CURRENT LIABILITIES 268,972 275,954
Creditors: Amounts Falling Due After More Than One Year 8 (160,833 ) (160,845 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (17,127 ) (17,127 )
NET ASSETS 91,012 97,982
CAPITAL AND RESERVES
Called up share capital 9 2 2
Fair value reserve 10 108,205 108,205
Profit and Loss Account (17,195 ) (10,225 )
SHAREHOLDERS' FUNDS 91,012 97,982
Page 1
Page 2
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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Geoffrey Challis
Director
23/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
GCGB Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10132430 . The registered office is Office 15 Bramley House 2a, Bramley Road, Long Eaton, Nottinghamshire, NG10 3SX.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold No Depreciation
2.5. Investment Properties
Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification.
2.6. 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 year was:
2026 2025
Office and administration 2 2
2 2
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Page 4
4. Tangible Assets
Investment Properties
£
Cost
As at 1 May 2025 285,000
As at 30 April 2026 285,000
Net Book Value
As at 30 April 2026 285,000
As at 1 May 2025 285,000
5. Investments
Unlisted
£
Cost or Valuation
As at 1 May 2025 80,000
As at 30 April 2026 80,000
Provision
As at 1 May 2025 -
As at 30 April 2026 -
Net Book Value
As at 30 April 2026 80,000
As at 1 May 2025 80,000
6. Debtors
2026 2025
£ £
Due within one year
Prepayments and accrued income 213 234
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 96 -
Directors' loan accounts 97,795 93,523
97,891 93,523
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 160,833 160,845
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Page 5
9. Share Capital
2026 2025
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1.00 each 2 2
10. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 May 2025 108,205 (10,225 )
Loss for the year and total comprehensive income - (6,970 )
As at 30 April 2026 108,205 (17,195 )
11. Ultimate Controlling Party
There is no ultimate controlling party due to each shareholder owning equal proportons of the total issued share capital.
Page 5