Company registration number 05673220 (England and Wales)
G R N Properties Limited
Annual report and Unaudited
financial statements
for the year ended 31 January 2024
PAGES FOR FILING WITH REGISTRAR
G R N Properties Limited
Contents
Page
Directors' report
1
Statement of financial position
2
Notes to the financial statements
3
G R N Properties Limited
Directors' Report
for the year ended 31 January 2024
- 1 -

The directors present their annual report and financial statements for the year ended 31 January 2024.

Principal activities

The principal activity of the company is that of a property holding company.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

Mr P Rigg
Mrs P Rigg
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr P Rigg
Director
17 February 2024
G R N Properties Limited
Statement of financial position
as at 31 January 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investment properties
3
185,000
185,000
Creditors: amounts falling due within one year
(387,611)
(382,670)
Net current liabilities
(387,611)
(382,670)
Total assets less current liabilities
(202,611)
(197,670)
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
(202,613)
(197,672)
Total equity
(202,611)
(197,670)

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 17 February 2024 and are signed on its behalf by:
Mr P Rigg
Director
Company Registration No. 05673220
G R N Properties Limited
Notes to the financial statements
for the year ended 31 January 2024
- 3 -
1
Accounting policies
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.

Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

2
Employees
2024
2023
Number
Number
Total
-
0
-
0
3
Investment property
2024
£
Fair value
At 1 February 2023 and 31 January 2024
185,000

The investment property is shown at original cost as the directors feel that this is an adequate reflection of its current market value.

4
Company information

G R N Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is Calderbank Nurseries, Walsden, Todmorden, Lancashire, OL14 7TJ.

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