IRIS Accounts Production v24.3.0.553 03332625 Board of Directors Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh033326252023-04-30033326252024-04-30033326252023-05-012024-04-30033326252022-04-30033326252022-05-012023-04-30033326252023-04-3003332625ns15:EnglandWales2023-05-012024-04-3003332625ns14:PoundSterling2023-05-012024-04-3003332625ns10:Director12023-05-012024-04-3003332625ns10:Director22023-05-012024-04-3003332625ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3003332625ns10:SmallEntities2023-05-012024-04-3003332625ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3003332625ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3003332625ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3003332625ns10:FullAccounts2023-05-012024-04-3003332625ns10:OrdinaryShareClass12023-05-012024-04-3003332625ns10:Director32023-05-012024-04-3003332625ns10:CompanySecretary12023-05-012024-04-3003332625ns10:RegisteredOffice2023-05-012024-04-3003332625ns5:CurrentFinancialInstruments2024-04-3003332625ns5:CurrentFinancialInstruments2023-04-3003332625ns5:ShareCapital2024-04-3003332625ns5:ShareCapital2023-04-3003332625ns5:FurtherSpecificReserve3ComponentTotalEquity2024-04-3003332625ns5:FurtherSpecificReserve3ComponentTotalEquity2023-04-3003332625ns5:RetainedEarningsAccumulatedLosses2024-04-3003332625ns5:RetainedEarningsAccumulatedLosses2023-04-3003332625ns5:FurnitureFittings2023-05-012024-04-3003332625ns5:ComputerEquipment2023-05-012024-04-3003332625ns5:FurnitureFittings2023-04-3003332625ns5:ComputerEquipment2023-04-3003332625ns5:FurnitureFittings2024-04-3003332625ns5:ComputerEquipment2024-04-3003332625ns5:FurnitureFittings2023-04-3003332625ns5:ComputerEquipment2023-04-3003332625ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3003332625ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3003332625ns5:DeferredTaxation2023-04-3003332625ns5:DeferredTaxation2023-05-012024-04-3003332625ns5:DeferredTaxation2024-04-3003332625ns10:OrdinaryShareClass12024-04-3003332625ns5:FurtherSpecificReserve3ComponentTotalEquity2023-04-30
REGISTERED NUMBER: 03332625 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

GRANTVILLE LTD

GRANTVILLE LTD (REGISTERED NUMBER: 03332625)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GRANTVILLE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: D T Y Leung
W C D Leung
T K Leung





SECRETARY: W C D Leung





REGISTERED OFFICE: 55 Loudoun Road
London
NW8 0DL





REGISTERED NUMBER: 03332625 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
London
NW8 0DL

GRANTVILLE LTD (REGISTERED NUMBER: 03332625)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
TANGIBLE FIXED ASSETS 4 3,944 4,287
Investment property 5 5,600,000 5,600,000
5,603,944 5,604,287

CURRENT ASSETS
Debtors 6 8,994 7,949
Cash at bank 729,261 595,997
738,255 603,946
CREDITORS
Amounts falling due within one year 7 (40,570 ) (25,195 )
NET CURRENT ASSETS 697,685 578,751
TOTAL ASSETS LESS CURRENT LIABILITIES 6,301,629 6,183,038

PROVISIONS FOR LIABILITIES 8 (1,036,304 ) (1,036,418 )
NET ASSETS 5,265,325 5,146,620

CAPITAL AND RESERVES
Called up share capital 9 3,000 3,000
Undistributable reserve 10 4,311,107 4,311,107
Retained earnings 951,218 832,513
SHAREHOLDERS' FUNDS 5,265,325 5,146,620

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

GRANTVILLE LTD (REGISTERED NUMBER: 03332625)

BALANCE SHEET - continued
30 APRIL 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 November 2024 and were signed on its behalf by:




D T Y Leung - Director



W C D Leung - Director


GRANTVILLE LTD (REGISTERED NUMBER: 03332625)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Grantville Ltd 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rent received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in other comprehensive income.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

GRANTVILLE LTD (REGISTERED NUMBER: 03332625)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2023 182,115 18,401 200,516
Additions - 972 972
At 30 April 2024 182,115 19,373 201,488
DEPRECIATION
At 1 May 2023 181,939 14,290 196,229
Charge for year 44 1,271 1,315
At 30 April 2024 181,983 15,561 197,544
NET BOOK VALUE
At 30 April 2024 132 3,812 3,944
At 30 April 2023 176 4,111 4,287

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 5,600,000
NET BOOK VALUE
At 30 April 2024 5,600,000
At 30 April 2023 5,600,000

Investment properties were valued on an open market basis and the directors consider this to be the fair value at balance sheet date.

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2010 3,847,525
Valuation in 2017 1,500,000
Cost 252,475
5,600,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 8,994 7,949

GRANTVILLE LTD (REGISTERED NUMBER: 03332625)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Taxation and social security 38,770 23,395
Other creditors 1,800 1,800
40,570 25,195

8. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax 1,036,304 1,036,418

Deferred
tax
£   
Balance at 1 May 2023 1,036,418
Provided during year (114 )
Balance at 30 April 2024 1,036,304

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
3,000 Ordinary £1 3,000 3,000

10. RESERVES
Undistributable
reserve
£   
At 1 May 2023
and 30 April 2024 4,311,107

11. ULTIMATE CONTROLLING PARTY

The ultimate parent company is City Centre Investment Holding Limited, a company incorporated in Guernsey. The registered office address is P.O. Box 25, Regency Court, Glategny Esplanade, St. Peter Port, GY1 3AP, Guernsey.