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REGISTERED NUMBER: 10605362 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31st March 2023

for

Graeme Henderson Properties Limited

Graeme Henderson Properties Limited (Registered number: 10605362)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Graeme Henderson Properties Limited

Company Information
for the Year Ended 31st March 2023







DIRECTOR: G J Henderson





REGISTERED OFFICE: The Boathouse
Wharf Street
Brighouse
HD6 1PP





REGISTERED NUMBER: 10605362 (England and Wales)

Graeme Henderson Properties Limited (Registered number: 10605362)

Balance Sheet
31st March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,270,487 1,242,585

CURRENT ASSETS
Debtors 5 18,123 1,248
Cash at bank 35,538 94,959
53,661 96,207
CREDITORS
Amounts falling due within one year 6 858,266 850,730
NET CURRENT LIABILITIES (804,605 ) (754,523 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

465,882

488,062

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 465,782 487,962
SHAREHOLDERS' FUNDS 465,882 488,062

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st March 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 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 10th January 2024 and were signed by:





G J Henderson - Director


Graeme Henderson Properties Limited (Registered number: 10605362)

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

1. STATUTORY INFORMATION

Graeme Henderson Properties 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.

Rental income
Rental income represents rents receivable during the financial year and is measured at the fair value of the consideration received or receivable excluding discounts, rebates and any 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.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statements if financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are recognised at amortised cost with changes recognised in the income statement.

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 2 (2022 - 3 ) .

Graeme Henderson Properties Limited (Registered number: 10605362)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2022 1,242,585
Additions 27,902
At 31st March 2023 1,270,487
NET BOOK VALUE
At 31st March 2023 1,270,487
At 31st March 2022 1,242,585

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 5,123 1,248
Other debtors 13,000 -
18,123 1,248

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 820,000 820,000
Trade creditors 3,163 1,563
Taxation and social security 17,019 16,749
Other creditors 18,084 12,418
858,266 850,730

7. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Bank loans 820,000 820,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid: Nominal 31.03.20
Number: Class: Value: £

25 Ordinary A £1 25
25 Ordinary B £1 25
25 Ordinary C £1 25
25 Ordinary D £1 25
100