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REGISTERED NUMBER: 01762989 (England and Wales)















REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

GRAMAN PROPERTY DEVELOPMENTS LIMITED

GRAMAN PROPERTY DEVELOPMENTS LIMITED (Registered number: 01762989)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 JANUARY 2023




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


GRAMAN PROPERTY DEVELOPMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 JANUARY 2023







DIRECTOR: G. J. Pearman



SECRETARY: Mr. G. J. Pearman



REGISTERED OFFICE: The Annexe, Minerva House,
Bordyke,
Tonbridge,
Kent
TN9 1NR



REGISTERED NUMBER: 01762989 (England and Wales)



ACCOUNTANTS: Bennett & Co
The Annexe
Minerva House
Bordyke
Tonbridge
Kent
TN9 1NR



BANKERS: Lloyds Bank PLC

GRAMAN PROPERTY DEVELOPMENTS LIMITED (Registered number: 01762989)

REPORT OF THE DIRECTOR
for the Year Ended 31 JANUARY 2023

The director presents his report with the financial statements of the company for the year ended 31 January 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Property Developers.

DIVIDENDS
No interim dividend was paid during the year. The director recommends a final dividend of £20 per share.

The total distribution of dividends for the year ended 31 January 2023 will be £ 2,000 .

DIRECTOR
G. J. Pearman held office during the whole of the period from 1 February 2022 to the date of this report.

ON BEHALF OF THE BOARD:





Mr. G. J. Pearman - Secretary


18 October 2023

GRAMAN PROPERTY DEVELOPMENTS LIMITED (Registered number: 01762989)

INCOME STATEMENT
for the Year Ended 31 JANUARY 2023

31.1.23 31.1.22
Notes £    £   

TURNOVER - -

Administrative expenses 11,940 13,114
(11,940 ) (13,114 )

Other operating income 13,475 15,800
OPERATING PROFIT and
PROFIT BEFORE TAXATION 1,535 2,686

Tax on profit 4 311 479
PROFIT FOR THE FINANCIAL YEAR 1,224 2,207

GRAMAN PROPERTY DEVELOPMENTS LIMITED (Registered number: 01762989)

BALANCE SHEET
31 JANUARY 2023

31.1.23 31.1.22
Notes £    £   
CURRENT ASSETS
Stocks 6 93,210 93,210
Debtors 7 91 83
Cash at bank 323 671
93,624 93,964
CREDITORS
Amounts falling due within one year 8 3,007 4,371
NET CURRENT ASSETS 90,617 89,593
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,617

89,593

CREDITORS
Amounts falling due after more than one
year

9

90,669

88,869
NET (LIABILITIES)/ASSETS (52 ) 724

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 (152 ) 624
SHAREHOLDERS' FUNDS (52 ) 724

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 18 October 2023 and were signed by:





G. J. Pearman - Director


GRAMAN PROPERTY DEVELOPMENTS LIMITED (Registered number: 01762989)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 JANUARY 2023

1. STATUTORY INFORMATION

GRAMAN 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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
31.1.23 31.1.22
£    £   
Wages and salaries 6,000 7,200

The average number of employees during the year was as follows:
31.1.23 31.1.22

Administration 1 1

31.1.23 31.1.22
£    £   
Director's remuneration 6,000 7,200

GRAMAN PROPERTY DEVELOPMENTS LIMITED (Registered number: 01762989)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 JANUARY 2023

4. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
31.1.23 31.1.22
£    £   
Current tax:
UK corporation tax 300 500
Adjustment in respect of previous year 11 (21 )

Tax on profit 311 479

UK corporation tax was charged at 19%) in 2022.

5. DIVIDENDS
31.1.23 31.1.22
£    £   
Ordinary shares of £1 each
Final 2,000 4,000

6. STOCKS
31.1.23 31.1.22
£    £   
Work-in-progress 93,210 93,210

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Prepayments 91 83

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Corporation Tax 1,072 1,461
Accrued Expenses 1,935 2,910
3,007 4,371

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Directors Loan Accounts 90,669 88,869

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
100 Ordinary £1 100 100

GRAMAN PROPERTY DEVELOPMENTS LIMITED (Registered number: 01762989)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 JANUARY 2023

11. RESERVES
Retained
earnings
£   

At 1 February 2022 624
Profit for the year 1,224
Dividends (2,000 )
At 31 January 2023 (152 )