Company registration number 06213709 (England and Wales)
45-47 GROSVENOR SQUARE FREEHOLD LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
45-47 GROSVENOR SQUARE FREEHOLD LIMITED
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
75,018
75,018
Current assets
Debtors
19,777
19,777
Net current assets
19,777
19,777
Total assets less current liabilities
94,795
94,795
Creditors: amounts falling due after more than one year
(94,777)
(94,777)
Net assets
18
18
Capital and reserves
-
-
Called up share capital
18
18

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

45-47 GROSVENOR SQUARE FREEHOLD LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2024
30 April 2024
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 16 January 2025 and are signed on its behalf by:
S J Kaye
Director
Company Registration No. 06213709
45-47 GROSVENOR SQUARE FREEHOLD LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
- 3 -
1
Accounting policies
Company information

45-47 Grosvenor Square Freehold Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1 Park Road, Hampton Wick, Kingston Upon Thames, England, United Kingdom, KT1 4AS.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

1.2
Tangible fixed assets
Freehold land and buildings
Nil
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
3
3
3
Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

45-47 GROSVENOR SQUARE FREEHOLD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 4 -
4
Tangible fixed assets
Total
£
Cost
At 1 May 2023 and 30 April 2024
75,018
Depreciation and impairment
At 1 May 2023 and 30 April 2024
-
0
Carrying amount
At 30 April 2024
75,018
At 30 April 2023
75,018
5
Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Profit and Loss Account.

6
Related party transactions

Participants of the collective enfranchisement made loans to the company totalling

£75,000 (2022: £75,000).

2024-04-302023-05-01false16 January 2025CCH SoftwareCCH Accounts Production 2024.100The company's principal activity during the year continued to be the management and investment
relating to a property known as 45‐47 Grosvenor Square of which the company owns the freehold.
K G IsraniS J KayeW K Shiptonfalsefalse
062137092023-05-012024-04-30062137092024-04-30062137092023-04-3006213709core:Non-currentFinancialInstrumentscore:AfterOneYear2024-04-3006213709core:Non-currentFinancialInstrumentscore:AfterOneYear2023-04-3006213709core:ShareCapital2024-04-3006213709core:ShareCapital2023-04-3006213709bus:Director22023-05-012024-04-3006213709core:LandBuildingscore:OwnedOrFreeholdAssets2023-05-012024-04-30062137092022-05-012023-04-30062137092023-04-3006213709bus:PrivateLimitedCompanyLtd2023-05-012024-04-3006213709bus:SmallCompaniesRegimeForAccounts2023-05-012024-04-3006213709bus:FRS1022023-05-012024-04-3006213709bus:AuditExemptWithAccountantsReport2023-05-012024-04-3006213709bus:Director12023-05-012024-04-3006213709bus:Director32023-05-012024-04-3006213709bus:FullAccounts2023-05-012024-04-30xbrli:purexbrli:sharesiso4217:GBP