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REGISTERED NUMBER: 10045440 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Grady Property Ltd

Grady Property Ltd (Registered number: 10045440)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Grady Property Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr Adrian John Limmer
Mr Grant Alexander Ritchie





REGISTERED OFFICE: 31 West Buildings
Worthing
West Sussex
BN11 3BS





REGISTERED NUMBER: 10045440 (England and Wales)





ACCOUNTANTS: DAVID JARMAN ACCOUNTANTS
31 West Buildings
Worthing
West Sussex
BN11 3BS

Grady Property Ltd (Registered number: 10045440)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 246,067 246,067

CURRENT ASSETS
Debtors 5 424 -
Cash at bank 79,005 78,897
79,429 78,897
CREDITORS
Amounts falling due within one year 6 228,860 229,538
NET CURRENT LIABILITIES (149,431 ) (150,641 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

96,636

95,426

CREDITORS
Amounts falling due after more than one
year

7

101,244

99,979
NET LIABILITIES (4,608 ) (4,553 )

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings (4,628 ) (4,573 )
(4,608 ) (4,553 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Grady Property Ltd (Registered number: 10045440)

Balance Sheet - continued
31 March 2023


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 6 November 2023 and were signed on its behalf by:





Mr Adrian John Limmer - Director


Grady Property Ltd (Registered number: 10045440)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Grady Property 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 NIL (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 246,067
NET BOOK VALUE
At 31 March 2023 246,067
At 31 March 2022 246,067

Grady Property Ltd (Registered number: 10045440)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 424 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Payments on account 960 1,650
Other creditors 227,900 227,888
228,860 229,538

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Other creditors 101,244 99,979

8. RELATED PARTY DISCLOSURES

At the start of the year, Triple A Event Security Ltd (a related company) had loaned the sum of £226,914 to Grady Property Ltd to help enable the purchase of the property.A further £986 was loaned in the year and at the year end £227,900 was out standing. The loan has not got any terms but is repayable on demand.

Grady Property Ltd

Report of the Accountants to the Directors of
Grady Property Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






DAVID JARMAN ACCOUNTANTS
31 West Buildings
Worthing
West Sussex
BN11 3BS


Date: .............................................