1 October 2022 false No description of principal activity Taxfiler 2024.5 13646878business:PrivateLimitedCompanyLtd2022-10-012024-03-31 136468782022-09-30 136468782022-10-012024-03-31 13646878business:AuditExempt-NoAccountantsReport2022-10-012024-03-31 13646878business:FilletedAccounts2022-10-012024-03-31 136468782024-03-31 13646878business:Director12022-10-012024-03-31 13646878business:RegisteredOffice2022-10-012024-03-31 136468782022-09-30 13646878core:WithinOneYear2024-03-31 13646878core:WithinOneYear2022-09-30 13646878core:AfterOneYear2024-03-31 13646878core:AfterOneYear2022-09-30 13646878core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 13646878core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 13646878core:CapitalContributionReservecore:PreviouslyStatedAmount2024-03-31 13646878core:CapitalContributionReservecore:PreviouslyStatedAmount2022-09-30 13646878core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 13646878core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 13646878core:PreviouslyStatedAmount2024-03-31 13646878core:PreviouslyStatedAmount2022-09-30 13646878business:SmallEntities2022-10-012024-03-31 13646878countries:EnglandWales2022-10-012024-03-31 13646878core:AfterOneYear2022-10-012024-03-31 13646878business:OrdinaryShareClass12022-10-012024-03-31 13646878business:OrdinaryShareClass12021-09-282022-09-30 13646878business:Director112022-10-012024-03-31 13646878business:Director112024-03-31 136468782021-09-282022-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 13646878 (England and Wales)
GRANDE PROPERTIES LTD Unaudited accounts for the period from 1 October 2022 to 31 March 2024
GRANDE PROPERTIES LTD Unaudited accounts Contents
Page
- 2 -
GRANDE PROPERTIES LTD Company Information for the period from 1 October 2022 to 31 March 2024
Director
Wayne Blakley
Company Number
13646878 (England and Wales)
Registered Office
23 HIGH STREET BASSINGHAM LINCOLN LINCOLNSHIRE LN5 9JZ UNITED KINGDOM
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA Templar Accounting & Business Support Services Limited (Incorp: Blake and Co ) 112 - 113 High Street, Lincoln, Lincolnshire LN5 7PY
- 3 -
GRANDE PROPERTIES LTD Statement of financial position as at 31 March 2024
2024 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
134,000 
134,000 
Current assets
Debtors
2,550 
100 
Cash at bank and in hand
4 
1,461 
2,554 
1,561 
Creditors: amounts falling due within one year
(22,404)
(4,487)
Net current liabilities
(19,850)
(2,926)
Total assets less current liabilities
114,150 
131,074 
Creditors: amounts falling due after more than one year
(81,238)
(102,157)
Net assets
32,912 
28,917 
Capital and reserves
Called up share capital
100 
100 
Capital contribution reserve
30,000 
30,000 
Profit and loss account
2,812 
(1,183)
Shareholders' funds
32,912 
28,917 
For the period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 August 2024 and were signed on its behalf by
Wayne Blakley Director Company Registration No. 13646878
- 4 -
GRANDE PROPERTIES LTD Notes to the Accounts for the period from 1 October 2022 to 31 March 2024
1
Statutory information
GRANDE PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13646878. The registered office is 23 HIGH STREET, BASSINGHAM, LINCOLN, LINCOLNSHIRE, LN5 9JZ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover/Rental Income is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 October 2022
134,000 
At 31 March 2024
134,000 
Valuation carried out by Barclays Bank PLC - £134000 No revaluation under accounting standard FRS102 has been carried out on the property as at the accounting period end March 31st 2024.
5
Debtors
2024 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
2,550 
100 
- 5 -
GRANDE PROPERTIES LTD Notes to the Accounts for the period from 1 October 2022 to 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2022 
£ 
£ 
Bank loans and overdrafts
4,487 
4,487 
Taxes and social security
660 
- 
Loans from directors
16,807 
- 
Accruals
450 
- 
22,404 
4,487 
7
Creditors: amounts falling due after more than one year
2024 
2022 
£ 
£ 
Bank loans
81,238 
85,250 
Loans from directors
- 
16,907 
81,238 
102,157 
A loan from Barclays Bank PLC has a fixed and floating charge/debenture across all assets of the company including a specific charge on the investment property 111a High Street Lincoln LN5 7PY, registered under the land title number LL347646
8
Share capital
2024 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Capital contribution reserve
The director/shareholder has a capital contribution reserve of some £30,000 in place to support the development of the business moving forward.
10
Capital commitments
2024 
2022 
£ 
£ 
There are no capital commitments as at the period end.
11
Guarantees provided on behalf of directors
Maximum Liability Under Guarantees 
Amount paid and liability incurred 
£ 
£ 
Wayne Blakley
Director Personal Guarantee
85,725 
- 
85,725 
- 
A personal guarantee has been given to support the debenture charge provided by the company to Barclays Bank PLC
12
Average number of employees
During the period the average number of employees was 0 (2022: 0).
- 6 -