Company Registration No. 14545135 (England and Wales)
Greylands Manor Investments Ltd
Unaudited accounts
for the period from 16 December 2022 to 31 December 2023
Greylands Manor Investments Ltd
Unaudited accounts
Contents
Greylands Manor Investments Ltd
Company Information
for the period from 16 December 2022 to 31 December 2023
Directors
Jonathan Bennett
James Harding
Company Number
14545135 (England and Wales)
Registered Office
1st Floor
Cornelius House
178-180 Church Road
Hove
East Sussex
BN3 2DJ
England
Accountants
KMG Accountancy Ltd
The Offices
57 Newtown Road
Hove
BN3 7BA
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Greylands Manor Investments Ltd for the period from 16 December 2022 to 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Greylands Manor Investments Ltd for the period from
16 December 2022 to
31 December 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
KMG Accountancy Ltd
Chartered Accountants
The Offices
57 Newtown Road
Hove
BN3 7BA
1 September 2024
Greylands Manor Investments Ltd
Statement of financial position
as at 31 December 2023
Investment property
2,004,700
Cash at bank and in hand
26,985
Creditors: amounts falling due within one year
(1,743,618)
Net current liabilities
(1,702,555)
Total assets less current liabilities
302,145
Creditors: amounts falling due after more than one year
(499,950)
Called up share capital
100
Profit and loss account
(197,905)
Shareholders' funds
(197,805)
For the period ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 1 September 2024 and were signed on its behalf by
James Harding
Director
Company Registration No. 14545135
Greylands Manor Investments Ltd
Notes to the Accounts
for the period from 16 December 2022 to 31 December 2023
Greylands Manor Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 14545135. The registered office is 1st Floor, Cornelius House, 178-180 Church Road, Hove, East Sussex, BN3 2DJ, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
At 31 December 2023
2,004,700
The Directors valued the investment property using publicly available data at the balance sheet date.
Amounts falling due within one year
Greylands Manor Investments Ltd
Notes to the Accounts
for the period from 16 December 2022 to 31 December 2023
6
Creditors: amounts falling due within one year
2023
Bank loans and overdrafts
1,666,628
The Company has provided its Investment Property as security and granted fixed charges on the property where appropriate.
7
Creditors: amounts falling due after more than one year
2023
8
Average number of employees
During the period the average number of employees was 2.