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REGISTERED NUMBER: 13773606 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 30 NOVEMBER 2021 TO 30 NOVEMBER 2022

FOR

G-ROB PROPERTY COMPANY LTD

G-ROB PROPERTY COMPANY LTD (REGISTERED NUMBER: 13773606)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 NOVEMBER 2021 TO 30 NOVEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G-ROB PROPERTY COMPANY LTD

COMPANY INFORMATION
FOR THE PERIOD 30 NOVEMBER 2021 TO 30 NOVEMBER 2022







DIRECTOR: G J Roberts





REGISTERED OFFICE: Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH





REGISTERED NUMBER: 13773606 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

G-ROB PROPERTY COMPANY LTD (REGISTERED NUMBER: 13773606)

BALANCE SHEET
30 NOVEMBER 2022

Notes £    £   
FIXED ASSETS
Intangible assets 4 143,802
Tangible assets 5 1,630,637
1,774,439

CURRENT ASSETS
Debtors 6 156,458
Cash at bank 185,061
341,519
CREDITORS
Amounts falling due within one year 7 2,037,553
NET CURRENT LIABILITIES (1,696,034 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,405

PROVISIONS FOR LIABILITIES 26,060
NET ASSETS 52,345

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 52,344
52,345

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2022 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.

G-ROB PROPERTY COMPANY LTD (REGISTERED NUMBER: 13773606)

BALANCE SHEET - continued
30 NOVEMBER 2022


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 director and authorised for issue on 23 November 2023 and were signed by:





G J Roberts - Director


G-ROB PROPERTY COMPANY LTD (REGISTERED NUMBER: 13773606)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 NOVEMBER 2021 TO 30 NOVEMBER 2022

1. STATUTORY INFORMATION

G-Rob Property Company 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 20% on reducing balance

Taxation
Taxation for the period 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 period 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 period was 1 .

G-ROB PROPERTY COMPANY LTD (REGISTERED NUMBER: 13773606)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 NOVEMBER 2021 TO 30 NOVEMBER 2022

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 154,765
At 30 November 2022 154,765
AMORTISATION
Charge for period 10,963
At 30 November 2022 10,963
NET BOOK VALUE
At 30 November 2022 143,802

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
Additions 1,547,517 118,729 1,666,246
At 30 November 2022 1,547,517 118,729 1,666,246
DEPRECIATION
Charge for period 21,921 13,688 35,609
At 30 November 2022 21,921 13,688 35,609
NET BOOK VALUE
At 30 November 2022 1,525,596 105,041 1,630,637

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 156,458

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 22,554
Other creditors 2,014,999
2,037,553

8. RELATED PARTY DISCLOSURES

During the year, transactions with The Llanfendigaid Estate Limited, a company in which 51% of the shares are held, included rent receivable of £105,000 and management charges receivable of £20,000. Upon commencement of trading, the company lent £180,000 to The Llanfendigaid Estate Limited, sales were received on behalf of the company, in the amount of £146,292 and invoices paid on our behalf were £2,250. The balance owed by The Llanfendigaid Estate Limited at the year end was £156,458.

G-ROB PROPERTY COMPANY LTD (REGISTERED NUMBER: 13773606)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 NOVEMBER 2021 TO 30 NOVEMBER 2022

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G J Roberts.