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REGISTERED NUMBER: 06046283 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

GRAND DESIGN DEVELOPMENTS LIMITED

GRAND DESIGN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06046283)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

GRAND DESIGN DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mr G Doran
Mr T J Whaley





REGISTERED OFFICE: 26 Oakwell Mount
Roundhay
Leeds
West Yorkshire
LS8 4AD





REGISTERED NUMBER: 06046283 (England and Wales)





ACCOUNTANTS: G L Barker & Co LLP
Chartered Certified Accountants
49 Austhorpe Road
Cross Gates
Leeds
LS15 8BA

GRAND DESIGN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06046283)

ABRIDGED BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,139 1,139
Investment property 5 1,190,751 810,751
1,191,890 811,890

CURRENT ASSETS
Stocks - 307,525
Debtors 15,535 17,979
Cash at bank 26,999 3,128
42,534 328,632
CREDITORS
Amounts falling due within one year 757,039 657,208
NET CURRENT LIABILITIES (714,505 ) (328,576 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

477,385

483,314

CREDITORS
Amounts falling due after more than one
year

6

459,493

459,493
NET ASSETS 17,892 23,821

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,792 23,721
SHAREHOLDERS' FUNDS 17,892 23,821

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

GRAND DESIGN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06046283)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by:




Mr T J Whaley - Director



Mr G Doran - Director


GRAND DESIGN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06046283)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Grand Design Developments Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obselete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023
and 31 January 2024 1,139
NET BOOK VALUE
At 31 January 2024 1,139
At 31 January 2023 1,139

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 810,751
Additions 380,000
At 31 January 2024 1,190,751
NET BOOK VALUE
At 31 January 2024 1,190,751
At 31 January 2023 810,751

GRAND DESIGN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 06046283)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31.1.24 31.1.23
£    £   
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 417,587 417,587
Other loans more 5yrs non-inst 41,906 41,906
459,493 459,493

7. SECURED DEBTS

The following secured debts are included within creditors:

31.1.24 31.1.23
£    £   
Bank loans 417,587 417,587

Svenska Handelsbanken Ab hold a fixed and floating charge over the company's assets dated 25 September 2015, together with individual fixed charges over the company's investment properties.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
GRAND DESIGN DEVELOPMENTS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Grand Design Developments Limited for the year ended 31 January 2024 which comprise the Profit and Loss Account, Abridged Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Grand Design Developments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Grand Design Developments Limited and state those matters that we have agreed to state to the Board of Directors of Grand Design Developments Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Grand Design Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Grand Design Developments Limited. You consider that Grand Design Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Grand Design Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






G L Barker & Co LLP
Chartered Certified Accountants
49 Austhorpe Road
Cross Gates
Leeds
LS15 8BA


29 October 2024