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REGISTERED NUMBER: 09089845 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

Grosvenor Development North West Limited

Grosvenor Development North West Limited (Registered number: 09089845)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Grosvenor Development North West Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: P Carlisle
S J Ratcliffe





REGISTERED OFFICE: Whitefield Buildings
192 - 200 Pensby Road
Heswall
Wirral
Merseyside
CH60 7RJ





REGISTERED NUMBER: 09089845 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Grosvenor Development North West Limited (Registered number: 09089845)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
CURRENT ASSETS
Debtors 4 435,435 425,647
Cash at bank 10,654 22,484
446,089 448,131
CREDITORS
Amounts falling due within one year 5 106,107 108,123
NET CURRENT ASSETS 339,982 340,008
TOTAL ASSETS LESS CURRENT
LIABILITIES

339,982

340,008

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 339,882 339,908
SHAREHOLDERS' FUNDS 339,982 340,008

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

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

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 3 January 2025 and were signed on its behalf by:





P Carlisle - Director


Grosvenor Development North West Limited (Registered number: 09089845)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Grosvenor Development North West 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.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover is measured at the fair value of the consideration for services undertaken, excluding value added tax. Turnover is recognised when the service has been completed.

Financial instruments
Directors loans, trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

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.

Grosvenor Development North West Limited (Registered number: 09089845)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors - 4,647
Other debtors 435,435 421,000
435,435 425,647

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 3,707 3,716
Taxation and social security - 2,006
Other creditors 102,400 102,401
106,107 108,123

6. RELATED PARTY DISCLOSURES

P Carlisle and S J Ratcliffe are also directors of Grosvenor Homes (Wirral) Limited.

Included in other debtors as at 30th June 2024 is £435,415 (2023 £421,000) owing from Grosvenor Homes (Wirral) Limited.

This loan is interest free and repayable on demand.