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Company Registration No. 05223792 (England and Wales)
The GRQ Property Company Limited Unaudited accounts for the year ended 29 February 2024
The GRQ Property Company Limited Unaudited accounts Contents
Page
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The GRQ Property Company Limited Company Information for the year ended 29 February 2024
Directors
Dr C G Barratt Mrs M Reddy
Secretary
K N K Reddy
Company Number
05223792 (England and Wales)
Registered Office
32 TUPWOOD LANE CATERHAM SURREY CR3 6DA
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The GRQ Property Company Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
300,000 
300,000 
Current assets
Cash at bank and in hand
44,979 
41,509 
Creditors: amounts falling due within one year
(18,303)
(13,633)
Net current assets
26,676 
27,876 
Total assets less current liabilities
326,676 
327,876 
Creditors: amounts falling due after more than one year
(251,348)
(253,239)
Net assets
75,328 
74,637 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
75,324 
74,633 
Shareholders' funds
75,328 
74,637 
For the year ending 29 February 2024 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 15 November 2024 and were signed on its behalf by
Dr C G Barratt Director Company Registration No. 05223792
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The GRQ Property Company Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
The GRQ Property Company Limited is a private company, limited by shares, registered in England and Wales, registration number 05223792. The registered office is 32 TUPWOOD LANE, CATERHAM, SURREY, CR3 6DA.
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.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2023
300,000 
At 29 February 2024
300,000 
Depreciation
At 29 February 2024
- 
Net book value
At 29 February 2024
300,000 
At 28 February 2023
300,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
18,303 
13,633 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
251,348 
251,348 
Taxes and social security
- 
1,891 
251,348 
253,239 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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