13791582falseestate agency services 2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-12-31http://www.companieshouse.gov.uk/cd:Director12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-01-012023-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-01-012023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-12-31http://www.companieshouse.gov.uk/2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:FRS1022023-01-012023-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-01-012023-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 13791582

Grey Lion Property Ltd

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023

Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Grey Lion Property Ltd

ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
DIRECTORS
G S Llewellyn
REGISTERED OFFICE
17 Elton Close
Kingston Upon Thames
Surrey
KT1 4EE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13791582
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Grey Lion Property Ltd

ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Grey Lion Property Ltd

BALANCE SHEET AT 31 December 2023
20232022
Notes££
FIXED ASSETS
Tangible assets368747
CURRENT ASSETS
Debtors4565237
Cash at bank and in hand30,456-
31,021237
CREDITORS: Amounts falling due within one year513,2584,604
NET CURRENT ASSETS / (LIABILITIES)17,763(4,367)
TOTAL ASSETS LESS CURRENT LIABILITIES18,450(4,320)
CAPITAL AND RESERVES
Called up share capital611
Profit and loss account18,449(4,321)
SHAREHOLDERS' FUNDS18,450(4,320)
For the year 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 23 September 2024 and signed on their behalf by
.............................
G S Llewellyn
Director

Grey Lion Property Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
1c. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1d. Turnover
Turnover represents commission earned on estate agency services provided and is recognised on completion of third-party property sales.
1e. Statutory Information
Grey Lion Property Ltd is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 13791582 and registered office address is 17 Elton Close, Kingston Upon Thames, Surrey, United Kingdom, KT1 4EE.
1f. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.

Grey Lion Property Ltd

2. EMPLOYEES
20232022
No.No.
Average number of employees--
3. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 1 January 20235050
Additions666666
At 31 December 2023716716
Depreciation
At 1 January 202333
For the year2626
At 31 December 20232929
Net Book Amounts
At 31 December 2023687687
At 31 December 20224747
4. DEBTORS 20232022
££
Amounts falling due within one year
Other debtors-237
Directors current account565-
565237
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Taxation and social security 5,118-
Directors current account-3,854
Trade creditors-150
Accruals660600
5,7784,604

Grey Lion Property Ltd

6. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1 Ordinary shares of £1.00 each11
11
7. RELATED PARTY TRANSACTIONS
At the balance sheet date, a director of the company, had advances of loans of £565 (Last Year £Nil). The maximum amount advanced in the year was £565. This loan was interest free.