2023-01-012023-12-312023-12-31false10875410GREYTREE PROPERTY LTD2024-04-05iso4217:GBPxbrli:pure108754102023-01-01108754102023-12-31108754102023-01-012023-12-31108754102021-08-01108754102022-12-31108754102021-08-012022-12-3110875410bus:SmallEntities2023-01-012023-12-3110875410bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3110875410bus:FullAccounts2023-01-012023-12-3110875410bus:PrivateLimitedCompanyLtd2023-01-012023-12-3110875410core:WithinOneYear2023-12-3110875410core:AfterOneYear2023-12-3110875410core:WithinOneYear2022-12-3110875410core:AfterOneYear2022-12-3110875410core:ShareCapital2023-12-3110875410core:SharePremium2023-12-3110875410core:RevaluationReserve2023-12-3110875410core:OtherReservesSubtotal2023-12-3110875410core:RetainedEarningsAccumulatedLosses2023-12-3110875410core:ShareCapital2022-12-3110875410core:SharePremium2022-12-3110875410core:RevaluationReserve2022-12-3110875410core:OtherReservesSubtotal2022-12-3110875410core:RetainedEarningsAccumulatedLosses2022-12-3110875410core:LandBuildings2023-12-3110875410core:PlantMachinery2023-12-3110875410core:Vehicles2023-12-3110875410core:FurnitureFittings2023-12-3110875410core:OfficeEquipment2023-12-3110875410core:NetGoodwill2023-12-3110875410core:IntangibleAssetsOtherThanGoodwill2023-12-3110875410core:ListedExchangeTraded2023-12-3110875410core:UnlistedNon-exchangeTraded2023-12-3110875410core:LandBuildings2022-12-3110875410core:PlantMachinery2022-12-3110875410core:Vehicles2022-12-3110875410core:FurnitureFittings2022-12-3110875410core:OfficeEquipment2022-12-3110875410core:NetGoodwill2022-12-3110875410core:IntangibleAssetsOtherThanGoodwill2022-12-3110875410core:ListedExchangeTraded2022-12-3110875410core:UnlistedNon-exchangeTraded2022-12-3110875410core:LandBuildings2023-01-012023-12-3110875410core:PlantMachinery2023-01-012023-12-3110875410core:Vehicles2023-01-012023-12-3110875410core:FurnitureFittings2023-01-012023-12-3110875410core:OfficeEquipment2023-01-012023-12-3110875410core:NetGoodwill2023-01-012023-12-3110875410core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3110875410core:ListedExchangeTraded2023-01-012023-12-3110875410core:UnlistedNon-exchangeTraded2023-01-012023-12-3110875410core:MoreThanFiveYears2023-01-012023-12-3110875410core:Non-currentFinancialInstruments2023-12-3110875410core:Non-currentFinancialInstruments2022-12-3110875410dpl:CostSales2023-01-012023-12-3110875410dpl:DistributionCosts2023-01-012023-12-3110875410core:LandBuildings2023-01-012023-12-3110875410core:PlantMachinery2023-01-012023-12-3110875410core:Vehicles2023-01-012023-12-3110875410core:FurnitureFittings2023-01-012023-12-3110875410core:OfficeEquipment2023-01-012023-12-3110875410dpl:AdministrativeExpenses2023-01-012023-12-3110875410core:NetGoodwill2023-01-012023-12-3110875410core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3110875410dpl:GroupUndertakings2023-01-012023-12-3110875410dpl:ParticipatingInterests2023-01-012023-12-3110875410dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3110875410core:ListedExchangeTraded2023-01-012023-12-3110875410dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3110875410core:UnlistedNon-exchangeTraded2023-01-012023-12-3110875410dpl:CostSales2021-08-012022-12-3110875410dpl:DistributionCosts2021-08-012022-12-3110875410core:LandBuildings2021-08-012022-12-3110875410core:PlantMachinery2021-08-012022-12-3110875410core:Vehicles2021-08-012022-12-3110875410core:FurnitureFittings2021-08-012022-12-3110875410core:OfficeEquipment2021-08-012022-12-3110875410dpl:AdministrativeExpenses2021-08-012022-12-3110875410core:NetGoodwill2021-08-012022-12-3110875410core:IntangibleAssetsOtherThanGoodwill2021-08-012022-12-3110875410dpl:GroupUndertakings2021-08-012022-12-3110875410dpl:ParticipatingInterests2021-08-012022-12-3110875410dpl:GroupUndertakingscore:ListedExchangeTraded2021-08-012022-12-3110875410core:ListedExchangeTraded2021-08-012022-12-3110875410dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-08-012022-12-3110875410core:UnlistedNon-exchangeTraded2021-08-012022-12-3110875410core:NetGoodwill2023-12-3110875410core:IntangibleAssetsOtherThanGoodwill2023-12-3110875410core:LandBuildings2023-12-3110875410core:PlantMachinery2023-12-3110875410core:Vehicles2023-12-3110875410core:FurnitureFittings2023-12-3110875410core:OfficeEquipment2023-12-3110875410core:AfterOneYear2023-12-3110875410core:WithinOneYear2023-12-3110875410core:ListedExchangeTraded2023-12-3110875410core:UnlistedNon-exchangeTraded2023-12-3110875410core:ShareCapital2023-12-3110875410core:SharePremium2023-12-3110875410core:RevaluationReserve2023-12-3110875410core:OtherReservesSubtotal2023-12-3110875410core:RetainedEarningsAccumulatedLosses2023-12-3110875410core:NetGoodwill2022-12-3110875410core:IntangibleAssetsOtherThanGoodwill2022-12-3110875410core:LandBuildings2022-12-3110875410core:PlantMachinery2022-12-3110875410core:Vehicles2022-12-3110875410core:FurnitureFittings2022-12-3110875410core:OfficeEquipment2022-12-3110875410core:AfterOneYear2022-12-3110875410core:WithinOneYear2022-12-3110875410core:ListedExchange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GREYTREE PROPERTY LTD

Registered Number
10875410
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

GREYTREE PROPERTY LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

TAYLOR, John Alexander
TAYLOR, William

Registered Address

9 Hill Grove
Bristol
BS9 4RL

Registered Number

10875410 (England and Wales)
GREYTREE PROPERTY LTD
Statement of Financial Position
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3370495
370495
Current assets
Stocks4488,428456,867
Debtors2,1982,198
Cash at bank and on hand25,51615,306
516,142474,371
Creditors amounts falling due within one year5(30,243)(26,436)
Net current assets (liabilities)485,899447,935
Total assets less current liabilities486,269448,430
Creditors amounts falling due after one year6(1,090,883)(1,023,090)
Net assets(604,614)(574,660)
Capital and reserves
Called up share capital100100
Profit and loss account(604,714)(574,760)
Shareholders' funds(604,614)(574,660)
The financial statements were approved and authorised for issue by the Board of Directors on 5 April 2024, and are signed on its behalf by:
TAYLOR, William
Director
Registered Company No. 10875410
GREYTREE PROPERTY LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery25
Stocks and work in progress
Work in progress is the direct costs incurred in development.
2.Average number of employees

20232022
Average number of employees during the year11
3.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
At 01 January 231,7631,763
At 31 December 231,7631,763
Depreciation and impairment
At 01 January 231,2681,268
Charge for year125125
At 31 December 231,3931,393
Net book value
At 31 December 23370370
At 31 December 22495495
4.Stocks

2023

2022

££
Work in progress488,428456,867
Total488,428456,867
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables3,9821,134
Other creditors24,97723,904
Accrued liabilities and deferred income1,2841,398
Total30,24326,436
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts1,090,8831,023,090
Total1,090,8831,023,090