REGISTERED NUMBER: 08663649 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2026

for

GAC Sussex Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P M Green

REGISTERED OFFICE:

Lynnem House

1 Victoria Way

Burgess Hill

West Sussex

RH15 9NF

REGISTERED NUMBER:

08663649 (England and Wales)

ACCOUNTANTS:

Price Green & Co

Lynnem House

1 Victoria Way

Burgess Hill

West Sussex

RH15 9NF

ASSETS

FIXED ASSETS

Tangible assets

4

362,500

725,000

CURRENT ASSETS

Debtors

5

14,000

3,000

Cash at bank

14,921

2,073

28,921

5,073

391,421

730,073

CAPITAL, RESERVES AND LIABILITIES

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

6

77,884

155,768

Retained earnings

250,189

136,488

SHAREHOLDER FUNDS

328,173

292,356

PROVISIONS FOR LIABILITIES

25,961

51,921

CREDITORS

7

37,287

385,796

391,421

730,073

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2026 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.

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 23 October 2026 and were signed by:

P M Green - Director

1.	STATUTORY INFORMATION

GAC Sussex 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

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 as modified by the revaluation of certain assets.

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.

Land and buildings

-

in accordance with the property

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 NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

During the year, 50% of the property was disposed of, leaving a value as determined via revaluation of £362,500.

Cost or valuation at 31 August 2026 is represented by:

Land and

buildings

£

Valuation in 2014

182,689

Valuation in 2017

75,000

Valuation in 2018

75,000

Valuation in 2020

125,000

Valuation in 2022

175,000

Valuation in 2025

(425,000

)

Valuation in 2026

(362,500

)

Cost

517,311

362,500

If freehold land and building had not been revalued they would have been included at the following historical cost:

31.8.26

31.8.25

£

£

Cost

258,655

517,311

Aggregate depreciation

67,249

124,152

Value of land in freehold land and buildings

362,500

725,000

Freehold land and building were valued on an open market basis on 31 August 2026 by the director .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.26

31.8.25

£

£

Trade debtors

12,000

3,000

Other debtors

2,000

-

14,000

3,000

6.

RESERVES

Revaluation

reserve

£

At 1 September 2025

155,768

Revaluation

(77,884

)

At 31 August 2026

77,884

7.

CREDITORS

31.8.26

31.8.25

£

£

Amounts falling due within one year:

Bank loans and overdrafts

-

1,400

Taxation and social security

26,787

12,038

Other creditors

10,500

365,999

37,287

379,437

Amounts falling due after more than one year:

Bank loans

-

6,359

Aggregate amounts

37,287

385,796

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The company is controlled by the director through his ownership of the share capital of the company.

9.	RELATED PARTY DISCLOSURES

During the year the Company received rent of £12,000 (2025 - £24,000) from Green & Co Accountants Limited, a company owned by Mr P Green. This has been charged at market rates.

Included in other debtors is a loan from Green & Co Accountants Limited of £2,000. (2025 creditor - £292,500)