REGISTERED NUMBER: 16048574 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

29 OCTOBER 2024 TO 31 DECEMBER 2025

FOR

GALLEYHILL DEVELOPMENTS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr E C Simpson

REGISTERED OFFICE:

110 Brooker Road

Waltham Abbey

Essex

EN9 1JH

REGISTERED NUMBER:

16048574 (England and Wales)

ACCOUNTANTS:

Raffingers Holdings Limited

Chartered Accountants

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

FIXED ASSETS

Tangible assets

4

111,240

Investment property

5

2,119,534

2,230,774

CURRENT ASSETS

Debtors

12,586

Cash at bank

12,540

25,126

CREDITORS

Amounts falling due within one year

2,241,257

NET CURRENT LIABILITIES

(2,216,131

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,643

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

14,543

14,643

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 11 August 2026 and were signed by:

Mr E C Simpson - Director

1.	STATUTORY INFORMATION

Galleyhill Developments Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover comprises rental income, excluding Value Added Tax, which is recognised in the period which it is earned. Amounts invoiced in excess of the amounts earned during the period are recognised as deferred income in creditors.

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

-

Straight line over 4 years

Investment property

Investment properties are properties held to earn rentals and for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

Additions

117,554

At 31 December 2025

117,554

DEPRECIATION

Charge for period

6,314

At 31 December 2025

6,314

NET BOOK VALUE

At 31 December 2025

111,240

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

2,119,534

At 31 December 2025

2,119,534

NET BOOK VALUE

At 31 December 2025

2,119,534

Investment property was valued on an open market basis on 31 December 2025 by the director.

6.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £659,584 to Pixel Business Centres Ltd, £700,000 to TPG Nursing limited, both companies controlled by the sole director Mr E C Simpson.

At the balance sheet date, the company owed £4,620 to the director.