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Company Registration No. 11658260 (England and Wales)
GRS INVEST LTD Unaudited accounts for the year ended 30 November 2023
GRS INVEST LTD Unaudited accounts Contents
Page
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GRS INVEST LTD Company Information for the year ended 30 November 2023
Director
Georgi STANOEV
Secretary
Rosen STANOEV
Company Number
11658260 (England and Wales)
Registered Office
C/O 2 BURGESS AVENUE LONDON NW9 8TY ENGLAND
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GRS INVEST LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
372,965 
279,772 
Current assets
Cash at bank and in hand
34,214 
1,953 
Creditors: amounts falling due within one year
(96,102)
(80,245)
Net current liabilities
(61,888)
(78,292)
Total assets less current liabilities
311,077 
201,480 
Creditors: amounts falling due after more than one year
(321,459)
(198,695)
Net (liabilities)/assets
(10,382)
2,785 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(10,383)
2,784 
Shareholders' funds
(10,382)
2,785 
For the year ending 30 November 2023 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 22 August 2024 and were signed on its behalf by
Georgi STANOEV Director Company Registration No. 11658260
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GRS INVEST LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
GRS INVEST LTD is a private company, limited by shares, registered in England and Wales, registration number 11658260. The registered office is C/O 2, BURGESS AVENUE, LONDON, NW9 8TY, ENGLAND.
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 year, 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.
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
2023 
£ 
Fair value at 1 December 2022
279,772 
Additions
93,193 
At 30 November 2023
372,965 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
800 
Other creditors
540 
980 
Loans from directors
95,562 
78,465 
96,102 
80,245 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
321,459 
198,695 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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