Ghale Property Group Limited


Acorah Software Products - Accounts Production 11.1.005 true No description of principal activity 1 June 2018 31 May 2019 31 May 2019 10786546 Mr Ramesh Ghale iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10786546 2018-05-31 10786546 2019-05-31 10786546 2018-06-01 2019-05-31 10786546 frs-core:CurrentFinancialInstruments 2019-05-31 10786546 frs-core:CurrentFinancialInstruments 2018-06-01 2019-05-31 10786546 frs-core:Non-currentFinancialInstruments 2019-05-31 10786546 frs-core:Non-currentFinancialInstruments 2018-06-01 2019-05-31 10786546 frs-core:CurrentFinancialInstruments 2018-06-01 2019-05-31 10786546 frs-core:CurrentFinancialInstruments 2019-05-31 10786546 frs-core:AfterOneYear 2018-06-01 2019-05-31 10786546 frs-core:BetweenOneFiveYears 2018-06-01 2019-05-31 10786546 frs-core:BetweenOneFiveYears 2019-05-31 10786546 frs-core:ComputerEquipment 2019-05-31 10786546 frs-core:ComputerEquipment 2018-06-01 2019-05-31 10786546 frs-core:ComputerEquipment 2018-05-31 10786546 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2019-05-31 10786546 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2018-06-01 2019-05-31 10786546 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2018-05-31 10786546 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2019-05-31 10786546 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2018-06-01 2019-05-31 10786546 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2018-05-31 10786546 frs-core:FurnitureFittings 2019-05-31 10786546 frs-core:FurnitureFittings 2018-06-01 2019-05-31 10786546 frs-core:FurnitureFittings 2018-05-31 10786546 frs-core:NetGoodwill 2019-05-31 10786546 frs-core:NetGoodwill 2018-06-01 2019-05-31 10786546 frs-core:NetGoodwill 2018-05-31 10786546 frs-core:InvestmentPropertyIncludedWithinPPE 2019-05-31 10786546 frs-core:InvestmentPropertyIncludedWithinPPE 2018-06-01 2019-05-31 10786546 frs-core:InvestmentPropertyIncludedWithinPPE 2018-05-31 10786546 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2019-05-31 10786546 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2018-06-01 2019-05-31 10786546 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2018-05-31 10786546 frs-core:OwnedOrFreeholdAssets frs-core:LandBuildings 2019-05-31 10786546 frs-core:OwnedOrFreeholdAssets frs-core:LandBuildings 2018-06-01 2019-05-31 10786546 frs-core:OwnedOrFreeholdAssets frs-core:LandBuildings 2018-05-31 10786546 frs-core:MoreThanFiveYears 2018-06-01 2019-05-31 10786546 frs-core:MoreThanFiveYears 2019-05-31 10786546 frs-core:MotorVehicles 2019-05-31 10786546 frs-core:MotorVehicles 2018-06-01 2019-05-31 10786546 frs-core:MotorVehicles 2018-05-31 10786546 frs-core:OtherResidualIntangibleAssets 2019-05-31 10786546 frs-core:OtherResidualIntangibleAssets 2018-06-01 2019-05-31 10786546 frs-core:OtherResidualIntangibleAssets 2018-05-31 10786546 frs-core:PlantMachinery 2019-05-31 10786546 frs-core:PlantMachinery 2018-06-01 2019-05-31 10786546 frs-core:PlantMachinery 2018-05-31 10786546 frs-core:Secured 2019-05-31 10786546 frs-core:Unsecured 2019-05-31 10786546 frs-core:WithinOneYear 2018-06-01 2019-05-31 10786546 frs-core:WithinOneYear 2019-05-31 10786546 frs-core:CapitalRedemptionReserve 2018-06-01 2019-05-31 10786546 frs-core:CapitalRedemptionReserve 2018-05-31 10786546 frs-core:CapitalRedemptionReserve 2019-05-31 10786546 frs-core:OtherReservesSubtotal 2018-06-01 2019-05-31 10786546 frs-core:OtherReservesSubtotal 2018-05-31 10786546 frs-core:OtherReservesSubtotal 2019-05-31 10786546 frs-core:RevaluationReserve 2018-06-01 2019-05-31 10786546 frs-core:RevaluationReserve 2018-05-31 10786546 frs-core:RevaluationReserve 2019-05-31 10786546 frs-core:SharePremium 2018-06-01 2019-05-31 10786546 frs-core:SharePremium 2018-05-31 10786546 frs-core:SharePremium 2019-05-31 10786546 frs-core:ShareCapital 2018-06-01 2019-05-31 10786546 frs-core:ShareCapital 2018-05-31 10786546 frs-core:ShareCapital 2019-05-31 10786546 frs-core:RetainedEarningsAccumulatedLosses 2018-06-01 2019-05-31 10786546 frs-core:RetainedEarningsAccumulatedLosses 2018-05-31 10786546 frs-core:RetainedEarningsAccumulatedLosses 2019-05-31 10786546 frs-core:RetainedEarningsAccumulatedLosses frs-core:RestatedAmount 2018-05-31 10786546 frs-core:RetainedEarningsAccumulatedLosses frs-core:RestatedAmount 2019-05-31 10786546 frs-core:RetainedEarningsAccumulatedLosses frs-core:PriorPeriodErrorIncreaseDecrease 2018-05-31 10786546 frs-countries:Asia 2018-06-01 2019-05-31 10786546 frs-countries:RestEuropeOutsideUK 2018-06-01 2019-05-31 10786546 frs-countries:NorthAmerica 2018-06-01 2019-05-31 10786546 frs-countries:RestWorldOutsideUK 2018-06-01 2019-05-31 10786546 frs-countries:SouthAmerica 2018-06-01 2019-05-31 10786546 frs-countries:UnitedKingdom 2018-06-01 2019-05-31 10786546 frs-bus:HighestPaidDirector 2018-06-01 2019-05-31 10786546 frs-bus:PrivateLimitedCompanyLtd 2018-06-01 2019-05-31 10786546 frs-bus:CompanyLimitedByGuarantee 2018-06-01 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frs-bus:OrdinaryShareClass2 2018-05-31 10786546 frs-bus:OrdinaryShareClass2 2019-05-31 10786546 frs-bus:OrdinaryShareClass3 2018-06-01 2019-05-31 10786546 frs-bus:OrdinaryShareClass3 2018-05-31 10786546 frs-bus:OrdinaryShareClass3 2019-05-31 10786546 frs-bus:OrdinaryShareClass4 2018-06-01 2019-05-31 10786546 frs-bus:OrdinaryShareClass4 2018-05-31 10786546 frs-bus:OrdinaryShareClass4 2019-05-31 10786546 frs-bus:OrdinaryShareClass5 2018-06-01 2019-05-31 10786546 frs-bus:OrdinaryShareClass5 2018-05-31 10786546 frs-bus:OrdinaryShareClass5 2019-05-31 10786546 frs-bus:PreferenceShareClass1 2018-06-01 2019-05-31 10786546 frs-bus:PreferenceShareClass1 2018-05-31 10786546 frs-bus:PreferenceShareClass1 2019-05-31 10786546 frs-bus:PreferenceShareClass2 2018-06-01 2019-05-31 10786546 frs-bus:PreferenceShareClass2 2018-05-31 10786546 frs-bus:PreferenceShareClass2 2019-05-31 10786546 frs-bus:PreferenceShareClass3 2018-06-01 2019-05-31 10786546 frs-bus:PreferenceShareClass3 2018-05-31 10786546 frs-bus:PreferenceShareClass3 2019-05-31 10786546 frs-bus:PreferenceShareClass4 2018-06-01 2019-05-31 10786546 frs-bus:PreferenceShareClass4 2018-05-31 10786546 frs-bus:PreferenceShareClass4 2019-05-31 10786546 frs-bus:PreferenceShareClass5 2018-06-01 2019-05-31 10786546 frs-bus:PreferenceShareClass5 2018-05-31 10786546 frs-bus:PreferenceShareClass5 2019-05-31 10786546 1 2018-06-01 2019-05-31 10786546 frs-core:LeasedAssets 2018-06-01 2019-05-31 10786546 frs-core:OwnedAssets 2018-06-01 2019-05-31 10786546 frs-core:CurrencyRisk 2018-06-01 2019-05-31 10786546 frs-core:MarketRisk 2018-06-01 2019-05-31 10786546 frs-core:InterestRateRisk 2018-06-01 2019-05-31 10786546 frs-core:DeferredTaxation 2018-06-01 2019-05-31 10786546 frs-core:DeferredTaxation 2018-05-31 10786546 frs-core:DeferredTaxation 2019-05-31 10786546 frs-core:OtherProvisionsContingentLiabilities 2018-06-01 2019-05-31 10786546 frs-core:OtherProvisionsContingentLiabilities 2018-05-31 10786546 frs-core:OtherProvisionsContingentLiabilities 2019-05-31 10786546 frs-core:ProvisionsDeferredTax 2019-05-31 10786546 frs-core:OtherDeferredTax 2019-05-31 10786546 frs-core:AcceleratedTaxDepreciationDeferredTax 2019-05-31 10786546 frs-core:TaxLossesCarry-forwardsDeferredTax 2019-05-31 10786546 frs-core:FurtherSpecificItem2DeferredTaxComponentTotalForDeferredTax 2019-05-31 10786546 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2018-06-01 2019-05-31 10786546 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2018-05-31 10786546 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2019-05-31 10786546 dpl-countries:UnitedKingdom 2018-06-01 2019-05-31 10786546 dpl-countries:Europe 2018-06-01 2019-05-31 10786546 dpl-countries:NorthAmerica 2018-06-01 2019-05-31 10786546 dpl-countries:SouthAmerica 2018-06-01 2019-05-31 10786546 dpl-countries:Asia 2018-06-01 2019-05-31 10786546 dpl-countries:RestWorldOutsideUK 2018-06-01 2019-05-31 10786546 dpl-frs:CostSales 2018-06-01 2019-05-31 10786546 dpl-frs:CostSales 2018-05-31 10786546 dpl-frs:CostSales 2019-05-31 10786546 dpl-frs:DistributionCosts 2018-06-01 2019-05-31 10786546 dpl-frs:AdministrativeExpenses 2018-06-01 2019-05-31 10786546 frs-bus:Director1 2018-06-01 2019-05-31 10786546 frs-bus:Director1 2018-05-31 10786546 frs-bus:Director1 2019-05-31 10786546 frs-bus:Director2 2018-06-01 2019-05-31 10786546 frs-bus:Director2 2018-05-31 10786546 frs-bus:Director2 2019-05-31 10786546 1 2018-06-01 2019-05-31 10786546 frs-core:CurrentFinancialInstruments 1 2019-05-31 10786546 frs-core:Non-currentFinancialInstruments 1 2019-05-31 10786546 2 2018-06-01 2019-05-31 10786546 frs-core:CurrentFinancialInstruments 2 2019-05-31 10786546 frs-core:Non-currentFinancialInstruments 2 2019-05-31 10786546 3 2018-06-01 2019-05-31 10786546 frs-core:CurrentFinancialInstruments 3 2019-05-31 10786546 frs-core:Non-currentFinancialInstruments 3 2019-05-31 10786546 4 2018-06-01 2019-05-31 10786546 frs-core:CurrentFinancialInstruments 4 2019-05-31 10786546 frs-core:Non-currentFinancialInstruments 4 2019-05-31 10786546 5 2018-06-01 2019-05-31 10786546 frs-core:CurrentFinancialInstruments 5 2019-05-31 10786546 frs-core:Non-currentFinancialInstruments 5 2019-05-31 10786546 6 2018-06-01 2019-05-31 10786546 frs-core:CurrentFinancialInstruments 6 2019-05-31 10786546 frs-core:Non-currentFinancialInstruments 6 2019-05-31 10786546 7 2018-06-01 2019-05-31 10786546 frs-core:CurrentFinancialInstruments 7 2019-05-31 10786546 frs-core:Non-currentFinancialInstruments 7 2019-05-31 10786546 8 2018-06-01 2019-05-31 10786546 frs-core:CurrentFinancialInstruments 8 2019-05-31 10786546 frs-core:Non-currentFinancialInstruments 8 2019-05-31 10786546 9 2018-06-01 2019-05-31 10786546 frs-core:CurrentFinancialInstruments 9 2019-05-31 10786546 frs-core:Non-currentFinancialInstruments 9 2019-05-31 10786546 dpl-frs:Item1 2018-06-01 2019-05-31 10786546 dpl-frs:Item1 2018-05-31 10786546 dpl-frs:Item1 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item1 2018-06-01 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item1 2018-05-31 10786546 dpl-frs:CostSales dpl-frs:Item1 2019-05-31 10786546 dpl-frs:DistributionCosts dpl-frs:Item1 2018-06-01 2019-05-31 10786546 dpl-frs:AdministrativeExpenses dpl-frs:Item1 2018-06-01 2019-05-31 10786546 dpl-frs:Item2 2018-06-01 2019-05-31 10786546 dpl-frs:Item2 2018-05-31 10786546 dpl-frs:Item2 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item2 2018-06-01 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item2 2018-05-31 10786546 dpl-frs:CostSales dpl-frs:Item2 2019-05-31 10786546 dpl-frs:DistributionCosts dpl-frs:Item2 2018-06-01 2019-05-31 10786546 dpl-frs:AdministrativeExpenses dpl-frs:Item2 2018-06-01 2019-05-31 10786546 dpl-frs:Item3 2018-06-01 2019-05-31 10786546 dpl-frs:Item3 2018-05-31 10786546 dpl-frs:Item3 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item3 2018-06-01 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item3 2018-05-31 10786546 dpl-frs:CostSales dpl-frs:Item3 2019-05-31 10786546 dpl-frs:DistributionCosts dpl-frs:Item3 2018-06-01 2019-05-31 10786546 dpl-frs:AdministrativeExpenses dpl-frs:Item3 2018-06-01 2019-05-31 10786546 dpl-frs:Item4 2018-06-01 2019-05-31 10786546 dpl-frs:Item4 2018-05-31 10786546 dpl-frs:Item4 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item4 2018-06-01 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item4 2018-05-31 10786546 dpl-frs:CostSales dpl-frs:Item4 2019-05-31 10786546 dpl-frs:DistributionCosts dpl-frs:Item4 2018-06-01 2019-05-31 10786546 dpl-frs:AdministrativeExpenses dpl-frs:Item4 2018-06-01 2019-05-31 10786546 dpl-frs:Item5 2018-06-01 2019-05-31 10786546 dpl-frs:Item5 2018-05-31 10786546 dpl-frs:Item5 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item5 2018-06-01 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item5 2018-05-31 10786546 dpl-frs:CostSales dpl-frs:Item5 2019-05-31 10786546 dpl-frs:DistributionCosts dpl-frs:Item5 2018-06-01 2019-05-31 10786546 dpl-frs:AdministrativeExpenses dpl-frs:Item5 2018-06-01 2019-05-31 10786546 dpl-frs:Item6 2018-06-01 2019-05-31 10786546 dpl-frs:Item6 2018-05-31 10786546 dpl-frs:Item6 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item6 2018-06-01 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item6 2018-05-31 10786546 dpl-frs:CostSales dpl-frs:Item6 2019-05-31 10786546 dpl-frs:DistributionCosts dpl-frs:Item6 2018-06-01 2019-05-31 10786546 dpl-frs:AdministrativeExpenses dpl-frs:Item6 2018-06-01 2019-05-31 10786546 dpl-frs:Item7 2018-06-01 2019-05-31 10786546 dpl-frs:Item7 2018-05-31 10786546 dpl-frs:Item7 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item7 2018-06-01 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item7 2018-05-31 10786546 dpl-frs:CostSales dpl-frs:Item7 2019-05-31 10786546 dpl-frs:DistributionCosts dpl-frs:Item7 2018-06-01 2019-05-31 10786546 dpl-frs:AdministrativeExpenses dpl-frs:Item7 2018-06-01 2019-05-31 10786546 dpl-frs:Item8 2018-06-01 2019-05-31 10786546 dpl-frs:Item8 2018-05-31 10786546 dpl-frs:Item8 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item8 2018-06-01 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item8 2018-05-31 10786546 dpl-frs:CostSales dpl-frs:Item8 2019-05-31 10786546 dpl-frs:DistributionCosts dpl-frs:Item8 2018-06-01 2019-05-31 10786546 dpl-frs:AdministrativeExpenses dpl-frs:Item8 2018-06-01 2019-05-31 10786546 dpl-frs:Item9 2018-06-01 2019-05-31 10786546 dpl-frs:Item9 2018-05-31 10786546 dpl-frs:Item9 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item9 2018-06-01 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item9 2018-05-31 10786546 dpl-frs:CostSales dpl-frs:Item9 2019-05-31 10786546 dpl-frs:DistributionCosts dpl-frs:Item9 2018-06-01 2019-05-31 10786546 dpl-frs:AdministrativeExpenses dpl-frs:Item9 2018-06-01 2019-05-31 10786546 dpl-frs:Item10 2018-06-01 2019-05-31 10786546 dpl-frs:Item10 2018-05-31 10786546 dpl-frs:Item10 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item10 2018-06-01 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item10 2018-05-31 10786546 dpl-frs:CostSales dpl-frs:Item10 2019-05-31 10786546 dpl-frs:DistributionCosts dpl-frs:Item10 2018-06-01 2019-05-31 10786546 dpl-frs:AdministrativeExpenses dpl-frs:Item10 2018-06-01 2019-05-31 10786546 dpl-frs:Item11 2018-06-01 2019-05-31 10786546 dpl-frs:Item11 2018-05-31 10786546 dpl-frs:Item11 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item11 2018-06-01 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item11 2018-05-31 10786546 dpl-frs:CostSales dpl-frs:Item11 2019-05-31 10786546 dpl-frs:DistributionCosts dpl-frs:Item11 2018-06-01 2019-05-31 10786546 dpl-frs:AdministrativeExpenses dpl-frs:Item11 2018-06-01 2019-05-31 10786546 dpl-frs:Item12 2018-06-01 2019-05-31 10786546 dpl-frs:Item12 2018-05-31 10786546 dpl-frs:Item12 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item12 2018-06-01 2019-05-31 10786546 dpl-frs:CostSales dpl-frs:Item12 2018-05-31 10786546 dpl-frs:CostSales dpl-frs:Item12 2019-05-31 10786546 dpl-frs:DistributionCosts dpl-frs:Item12 2018-06-01 2019-05-31 10786546 dpl-frs:AdministrativeExpenses dpl-frs:Item12 2018-06-01 2019-05-31 10786546 1 2018-06-01 2019-05-31 10786546 frs-countries:EnglandWales 2018-06-01 2019-05-31 10786546 2017-05-31 10786546 2018-05-31 10786546 2017-06-01 2018-05-31 10786546 frs-core:CurrentFinancialInstruments 2018-05-31 10786546 frs-core:CurrentFinancialInstruments 2017-06-01 2018-05-31 10786546 frs-core:Non-currentFinancialInstruments 2018-05-31 10786546 frs-core:Non-currentFinancialInstruments 2017-06-01 2018-05-31 10786546 frs-core:CurrentFinancialInstruments 2017-06-01 2018-05-31 10786546 frs-core:CurrentFinancialInstruments 2018-05-31 10786546 frs-core:AfterOneYear 2017-06-01 2018-05-31 10786546 frs-core:BetweenOneFiveYears 2017-06-01 2018-05-31 10786546 frs-core:BetweenOneFiveYears 2018-05-31 10786546 frs-core:ComputerEquipment 2018-05-31 10786546 frs-core:ComputerEquipment 2017-06-01 2018-05-31 10786546 frs-core:ComputerEquipment 2017-05-31 10786546 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2018-05-31 10786546 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2017-06-01 2018-05-31 10786546 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2017-05-31 10786546 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2018-05-31 10786546 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2017-06-01 2018-05-31 10786546 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2017-05-31 10786546 frs-core:FurnitureFittings 2018-05-31 10786546 frs-core:FurnitureFittings 2017-06-01 2018-05-31 10786546 frs-core:FurnitureFittings 2017-05-31 10786546 frs-core:NetGoodwill 2018-05-31 10786546 frs-core:NetGoodwill 2017-06-01 2018-05-31 10786546 frs-core:NetGoodwill 2017-05-31 10786546 frs-core:InvestmentPropertyIncludedWithinPPE 2018-05-31 10786546 frs-core:InvestmentPropertyIncludedWithinPPE 2017-06-01 2018-05-31 10786546 frs-core:InvestmentPropertyIncludedWithinPPE 2017-05-31 10786546 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2018-05-31 10786546 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frs-countries:EnglandWales 2017-06-01 2018-05-31
Registered number: 10786546
Ghale Property Group Limited
Directors' Report and
Unaudited Financial Statements
For The Year Ended 31 May 2019
Goldstar Accountants Ltd

Chartered Certified Accountants & Registered Auditors

87 Southampton Street
Reading
Berkshire
RG1 2QU
Directors' Report and Unaudited Financial Statements
Contents
Page
Company Information 1
Directors' Report 2
Accountant's Report 3
Dormant Profit and Loss Account Statement 4
Balance Sheet 5
Notes to the Financial Statements 7
Company Information
Director Mr Ramesh Ghale
Company Number 10786546
Registered Office 85 Great Portland Street
Marylebone
London
W1W 7LT
Accountants Goldstar Accountants Ltd
Chartered Certified Accountants & Registered Auditors
87 Southampton Street
Reading
Berkshire
RG1 2QU
Page 1
Directors' Report
The directors present their report and the financial statements for the year ended 31 May 2019.
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows:
Miss Prena Thapa
Mr Ramesh Ghale
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr Ramesh Ghale
24/02/2020
Page 2
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Ghale Property Group Limited For The Year Ended 31 May 2019
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Ghale Property Group Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Ghale Property Group Limited, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Ghale Property Group Limited and state those matters that we have agreed to state to the directors of Ghale Property Group Limited, as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ghale Property Group Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Ghale Property Group Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Ghale Property Group Limited. You consider that Ghale Property Group Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Ghale Property Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
24/02/2020
Goldstar Accountants Ltd
Chartered Certified Accountants & Registered Auditors
87 Southampton Street
Reading
Berkshire
RG1 2QU
Page 3
Dormant Profit and Loss Account Statement
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
Page 4
Balance Sheet
2019 2018
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 100 100
100 100
NET CURRENT ASSETS (LIABILITIES) 100 100
TOTAL ASSETS LESS CURRENT LIABILITIES 100 100
NET ASSETS 100 100
CAPITAL AND RESERVES
Called up share capital 3 100 100
SHAREHOLDERS' FUNDS 100 100
For the year ending 31 May 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mr Ramesh Ghale
24/02/2020
Page 5

The notes on page 7 form part of these financial statements.
Page 6
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
3. Share Capital
2019 2018
Allotted, Called up and fully paid 100 100
4. General Information
Ghale Property Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10786546. The registered office is 85 Great Portland Street, Marylebone, London, W1W 7LT.
Page 7