Global Property Developments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03833142 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

GLOBAL PROPERTY DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D Fitzgerald

Mrs E M Fitzgerald

SECRETARY:

Mr D Fitzgerald

REGISTERED OFFICE:

31 Nightingale Drive

Towcester

Northamptonshire

NN12 6RA

REGISTERED NUMBER:

03833142 (England and Wales)

ACCOUNTANTS:

TC Group

Baird House

Seebeck Place

Knowlhill

Milton Keynes

Buckinghamshire

MK5 8FR

FIXED ASSETS

Intangible assets

4

-

Investment property

5

540,000

CURRENT ASSETS

Cash at bank

2,396

243

CREDITORS

Amounts falling due within one year

6

136,598

143,336

NET CURRENT LIABILITIES

(134,202

)

(143,093

)

TOTAL ASSETS LESS CURRENT LIABILITIES

405,798

396,907

PROVISIONS FOR LIABILITIES

39,027

NET ASSETS

366,771

357,880

CAPITAL AND RESERVES

Called up share capital

60

Fair value reserve

279,827

Retained earnings

86,884

77,993

366,771

357,880

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 October 2026 and were signed on its behalf by:

Mr D Fitzgerald - Director

1.	STATUTORY INFORMATION

Global Property Developments 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.

Goodwill

Goodwill being the amount paid in connection with the acquisition of a business in 2003 is now fully ammortised

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 1 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

40,000

AMORTISATION

At 1 February 2025

and 31 January 2026

40,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

540,000

NET BOOK VALUE

At 31 January 2026

540,000

At 31 January 2025

540,000

Fair value at 31 January 2026 is represented by:

£

Valuation in 2005

54,854

Valuation in 2017

124,000

Valuation in 2021

100,000

Valuation in 2023

40,000

Cost

221,146

540,000

If Investment Property had not been revalued it would have been included at the following historical cost:

2026

2025

as

restated

£

Cost

221,146

Investment Property was valued on at a fair value basis on 31 January 2023 by the company director .

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

as

restated

£

Corporation tax

3,024

3,032

Directors' loan accounts

130,514

137,400

Accrued expenses

3,060

2,904

136,598

143,336

7.	ULTIMATE CONTROLLING PARTY

The company is under the control of Mr & Mrs Fitzgerald