IRIS Accounts Production v24.1.9.2 13773606 director 1.12.22 30.11.23 30.11.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh137736062022-11-30137736062023-11-30137736062022-12-012023-11-30137736062021-11-29137736062021-11-302022-11-30137736062022-11-3013773606ns15:EnglandWales2022-12-012023-11-3013773606ns14:PoundSterling2022-12-012023-11-3013773606ns10:Director12022-12-012023-11-3013773606ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3013773606ns10:SmallEntities2022-12-012023-11-3013773606ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3013773606ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3013773606ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3013773606ns10:FullAccounts2022-12-012023-11-301377360612022-12-012023-11-3013773606ns10:RegisteredOffice2022-12-012023-11-3013773606ns5:CurrentFinancialInstruments2023-11-3013773606ns5:CurrentFinancialInstruments2022-11-3013773606ns5:ShareCapital2023-11-3013773606ns5:ShareCapital2022-11-3013773606ns5:RetainedEarningsAccumulatedLosses2023-11-3013773606ns5:RetainedEarningsAccumulatedLosses2022-11-3013773606ns5:NetGoodwill2022-12-012023-11-3013773606ns5:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3013773606ns5:LandBuildings2022-12-012023-11-3013773606ns5:PlantMachinery2022-12-012023-11-3013773606ns5:NetGoodwill2022-11-3013773606ns5:NetGoodwill2023-11-3013773606ns5:NetGoodwill2022-11-3013773606ns5:LandBuildings2022-11-3013773606ns5:PlantMachinery2022-11-3013773606ns5:LandBuildings2023-11-3013773606ns5:PlantMachinery2023-11-3013773606ns5:LandBuildings2022-11-3013773606ns5:PlantMachinery2022-11-3013773606ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3013773606ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 13773606 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

G-ROB PROPERTY COMPANY LTD

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






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G-ROB PROPERTY COMPANY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







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 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 128,326 143,802
Tangible assets 5 2,225,828 1,630,637
2,354,154 1,774,439

CURRENT ASSETS
Debtors 6 469,293 156,458
Cash at bank 162,805 185,061
632,098 341,519
CREDITORS
Amounts falling due within one year 7 3,012,152 2,037,553
NET CURRENT LIABILITIES (2,380,054 ) (1,696,034 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(25,900

)

78,405

PROVISIONS FOR LIABILITIES 12,904 26,060
NET (LIABILITIES)/ASSETS (38,804 ) 52,345

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (38,805 ) 52,344
(38,804 ) 52,345

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

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

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

BALANCE SHEET - continued
30 NOVEMBER 2023


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 1 July 2024 and were signed by:





G J Roberts - Director


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

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

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 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 1 (2022 - 1 ) .

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

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 154,765
AMORTISATION
At 1 December 2022 10,963
Charge for year 15,476
At 30 November 2023 26,439
NET BOOK VALUE
At 30 November 2023 128,326
At 30 November 2022 143,802

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022 1,547,517 118,729 1,666,246
Additions 525,407 142,149 667,556
At 30 November 2023 2,072,924 260,878 2,333,802
DEPRECIATION
At 1 December 2022 21,921 13,688 35,609
Charge for year 36,205 36,160 72,365
At 30 November 2023 58,126 49,848 107,974
NET BOOK VALUE
At 30 November 2023 2,014,798 211,030 2,225,828
At 30 November 2022 1,525,596 105,041 1,630,637

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Other debtors 469,293 156,458

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Taxation and social security 27,154 22,554
Other creditors 2,984,998 2,014,999
3,012,152 2,037,553

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

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

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 (2022: £105,000) and management charges receivable of £Nil (2022: £20,000).

During the year the company lent £207,835 to The Llanfendigaid Estate Limited, with the balance owed at the year end being £469,293 (2022: £156,458).

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G J Roberts.