G KELLY PROPERTY LIMITED - Filleted accounts

Registered number

16549251

G KELLY PROPERTY LIMITED

Unaudited Filleted Accounts

30 June 2026

G KELLY PROPERTY LIMITED
Registered number:		16549251
Balance Sheet
as at 30 June 2026

Notes			2026
£
Fixed assets
Tangible assets	3		203,547

Current assets
Cash at bank and in hand		278

Creditors: amounts falling due within one year	4	(210,841)

Net current liabilities			(210,563)

Net liabilities			(7,016)

Capital and reserves
Called up share capital			1
Profit and loss account			(7,017)

Shareholder's funds			(7,016)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Georgie Kelly
Director
Approved by the board on 22 October 2026

G KELLY PROPERTY LIMITED
Notes to the Accounts
for the period from 30 June 2025 to 30 June 2026


1	Accounting policies

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings	over the lease term

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


2	Employees		2026
Number

	Average number of persons employed by the company		0


3	Tangible fixed assets
				Land and buildings
£
	Cost
	Additions			203,547
	At 30 June 2026			203,547

	Depreciation
	At 30 June 2026			-

	Net book value
	At 30 June 2026			203,547


4	Creditors: amounts falling due within one year		2026
£

	Other creditors		210,841


5	Going concern

	The company continues to meet its working capital requirements through the support of its shareholder and the director considers the going concern basis to be appropriate.


6	Other information

	G KELLY PROPERTY LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 3 Wharfside
	The Boatyard
	Worsley
	Salford
	M28 2WN