Silverfin false false 31/12/2023 01/01/2023 31/12/2023 Mrs R F De Grussa Ms S A Spry Mrs L S Trucker 30 September 2024 The principal activity of the company continued in the management of real estate on a fee or contract basis. 10118901 2023-12-31 10118901 core:CurrentFinancialInstruments 2023-12-31 10118901 core:CurrentFinancialInstruments 2022-12-31 10118901 2022-12-31 10118901 core:ShareCapital 2023-12-31 10118901 core:ShareCapital 2022-12-31 10118901 core:RetainedEarningsAccumulatedLosses 2023-12-31 10118901 core:RetainedEarningsAccumulatedLosses 2022-12-31 10118901 2023-01-01 2023-12-31 10118901 bus:FilletedAccounts 2023-01-01 2023-12-31 10118901 bus:SmallEntities 2023-01-01 2023-12-31 10118901 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 10118901 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10118901 bus:Director1 2023-01-01 2023-12-31 10118901 bus:Director2 2023-01-01 2023-12-31 10118901 bus:Director3 2023-01-01 2023-12-31 10118901 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Company No: 10118901 (England and Wales)

DE GRUSSA HOUSE MANAGEMENT LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2023
Pages for filing with the registrar

DE GRUSSA HOUSE MANAGEMENT LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2023

Contents

DE GRUSSA HOUSE MANAGEMENT LIMITED

COMPANY INFORMATION

For the financial year ended 31 December 2023
DE GRUSSA HOUSE MANAGEMENT LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2023
DIRECTORS Mrs R F De Grussa
Ms S A Spry
Mrs L S Trucker
REGISTERED OFFICE 2 Leman Street
London
E1W 9US
United Kingdom
COMPANY NUMBER 10118901 (England and Wales)
CHARTERED ACCOUNTANTS GRAVITA III LLP
Aldgate Tower
2 Leman Street
London
E1 8FA
United Kingdom
DE GRUSSA HOUSE MANAGEMENT LIMITED

BALANCE SHEET

As at 31 December 2023
DE GRUSSA HOUSE MANAGEMENT LIMITED

BALANCE SHEET (continued)

As at 31 December 2023
2023 2022
£ £
Creditors: amounts falling due within one year 3 ( 2,399) ( 2,399)
Net current liabilities (2,399) (2,399)
Total assets less current liabilities (2,399) (2,399)
Net liabilities ( 2,399) ( 2,399)
Capital and reserves
Called-up share capital 1 1
Profit and loss account ( 2,400 ) ( 2,400 )
Total shareholders' deficit ( 2,399) ( 2,399)

For the financial 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.

Directors' responsibilities:

The financial statements of De Grussa House Management Limited (registered number: 10118901) were approved and authorised for issue by the Board of Directors on 30 September 2024. They were signed on its behalf by:

Ms S A Spry
Director
DE GRUSSA HOUSE MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
DE GRUSSA HOUSE MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

De Grussa House Management Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Leman Street, London, E1W 9US, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Creditors: amounts falling due within one year

2023 2022
£ £
Other creditors 2,399 2,399