Gentian Property Investments Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09480411

Gentian Property Investments Ltd

Filleted Unaudited Financial Statements

31 December 2025

Gentian Property Investments Ltd

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5	13,685,887	14,506,315
Investments	6	250,382	250,282
		-------------	-------------
		13,936,269	14,756,597

Current assets

Debtors	7	10,802,853	7,555,929
Cash at bank and in hand		222,427	417,005
		-------------	------------
		11,025,280	7,972,934

Creditors: amounts falling due within one year	8	18,966,259		17,258,768
		-------------		-------------
Net current liabilities			7,940,979	9,285,834
			-------------	-------------
Total assets less current liabilities			5,995,290	5,470,763

Creditors: amounts falling due after more than one year	9	6,762,830	5,905,271
		------------	------------
Net liabilities		( 767,540)	( 434,508)
		------------	------------

Capital and reserves

Called up share capital	10	2	2
Profit and loss account		( 767,542)	( 434,510)
		---------	---------
Shareholders deficit		( 767,540)	( 434,508)
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Gentian Property Investments Ltd

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 24 September 2026 , and are signed on behalf of the board by:

Mr N Hanson

Director

Company registration number: 09480411

Gentian Property Investments Ltd

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW.

2. Statement of compliance

These financial statements have been prepared in compliance with the provision of FRS 102 Section 1A small entities, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable profit or losses where appropriate.

Going concern

The financial statements have been prepared on the going concern basis which is dependent upon the continued support of group companies. The directors of group companies have expressed their willingness to support the company for the foreseeable future by ensuring sufficient funds are available for the company to continue trading.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

The turnover shown in the profit and loss account represents amounts invoiced during the year exclusive of Value Added Tax as well as amounts of long term work in progress arising to date.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Investments in joint ventures

Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Average number of employees

During the year the average number of employees was 2 (2024: 2) which consisted of the directors only.

5. Tangible assets

	Investment property
	£
Cost or valuation
At 1 January 2025	14,506,315
Additions	310,887
Disposals	( 960,000)
Revaluations	( 171,315)
	-------------
At 31 December 2025	13,685,887
	-------------
Depreciation
At 1 January 2025 and 31 December 2025	–
	-------------
Carrying amount
At 31 December 2025	13,685,887
	-------------
At 31 December 2024	14,506,315
	-------------

6. Investments

	Shares in group undertakings	Shares in participating interests	Total
	£	£	£
Cost
At 1 January 2025	282	250,000	250,282
Additions	100	–	100
	----	---------	---------
At 31 December 2025	382	250,000	250,382
	----	---------	---------
Impairment
At 1 January 2025 and 31 December 2025	–	–	–
	----	---------	---------

Carrying amount
At 31 December 2025	382	250,000	250,382
	----	---------	---------
At 31 December 2024	282	250,000	250,282
	----	---------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	209,268	259,158
Amounts owed by related undertakings	9,798,020	6,711,767
Prepayments and accrued income	132,637	6,301
Other debtors	662,928	578,703
	-------------	------------
	10,802,853	7,555,929
	-------------	------------

Included in other debtors is an amount of £285,147 (2024: £275,703) which represents amounts recoverable under contracts.

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	168,000	75,000
Trade creditors	27,831	27,871
Accruals and deferred income	160,699	66,508
Social security and other taxes	34,935	117,407
Amounts owed to group and related undertakings	18,574,592	16,971,780
Other creditors	202	202
	-------------	-------------
	18,966,259	17,258,768
	-------------	-------------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	6,762,830	5,905,271
	------------	------------

10. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	2	2	2	2
	----	----	----	----

11. Charges

During the year, the previous loan facility of Gentian Property Investments Limited, for which a fixed charge had been registered in June 2023, was remortgaged. The charge relating to that earlier facility was satisfied in July 2025. Following completion of the new loan agreement in July 2025, a new fixed charge was registered against certain investment properties of Gentian Property Investments Limited. At the year end, the amount outstanding on the new loan was £6,930,830 (2024: £5,893,750).

A fixed legal charge registered by a related party in November 2022 over an investment property held by Gentian Property Investments Limited remained in place at the year end.

12. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Other related parties	419,694	234,257	2,343,071	2,980,367
	---------	---------	------------	------------

The company has taken advantage of the exemption granted under FRS 102 section 33.1A not to disclose transactions with any wholly owned subsidiaries within the group.

13. Controlling party

The parent undertaking of Gentian Property Investments Limited is Gentian Trafalgar Limited, a company incorporated in England and Wales.