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REGISTERED NUMBER: 11582379 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 30 September 2024

for

Grange Holiday Lets Limited

Grange Holiday Lets Limited (Registered number: 11582379)






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




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


Grange Holiday Lets Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mrs L M Walker
J R Walker





SECRETARY:





REGISTERED OFFICE: The Grange Tinkerley Lane
Kirk Ireton
Ashbourne
DE6 3LF





REGISTERED NUMBER: 11582379 (England and Wales)





ACCOUNTANTS: KLN Accountancy Services Ltd
1 - 2 Basford House
Derby Road
Heanor
Derbyshire
DE75 7QL

Grange Holiday Lets Limited (Registered number: 11582379)

Report of the Directors
for the Year Ended 30 September 2024

The directors present their report with the financial statements of the company for the year ended 30 September 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Hotels & Similar Accommodation

DIRECTORS
The directors shown below have held office during the whole of the period from 1 October 2023 to the date of this report.

Mrs L M Walker
J R Walker

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





J R Walker - Director


17 March 2025

Grange Holiday Lets Limited (Registered number: 11582379)

Income Statement
for the Year Ended 30 September 2024

30.9.24 30.9.23
Notes £    £   

TURNOVER 79,414 83,114

Cost of sales 6,992 6,176
GROSS PROFIT 72,422 76,938

Administrative expenses 64,586 54,645
OPERATING PROFIT 4 7,836 22,293

Profit/loss on sale of invest 5 - 1,110
7,836 21,183

Interest receivable and similar income 616 -
8,452 21,183

Interest payable and similar expenses 428 664
PROFIT BEFORE TAXATION 8,024 20,519

Tax on profit 1,651 5,627
PROFIT FOR THE FINANCIAL YEAR 6,373 14,892

Grange Holiday Lets Limited (Registered number: 11582379)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 5,077 10,721

CURRENT ASSETS
Debtors 7 3,403 3,387
Cash at bank 63,489 56,581
66,892 59,968
CREDITORS
Amounts falling due within one year 8 11,576 11,830
NET CURRENT ASSETS 55,316 48,138
TOTAL ASSETS LESS CURRENT
LIABILITIES

60,393

58,859

CREDITORS
Amounts falling due after more than one year 9 (13,410 ) (13,303 )

PROVISIONS FOR LIABILITIES - (946 )
NET ASSETS 46,983 44,610

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 46,783 44,410
46,983 44,610

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

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

Grange Holiday Lets Limited (Registered number: 11582379)

Balance Sheet - continued
30 September 2024


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

The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by:




Mrs L M Walker - Director



J R Walker - Director


Grange Holiday Lets Limited (Registered number: 11582379)

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

1. STATUTORY INFORMATION

Grange Holiday Lets 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

Grange Holiday Lets Limited (Registered number: 11582379)

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

4. OPERATING PROFIT

The operating profit is stated after charging:

30.9.24 30.9.23
£    £   
Depreciation - owned assets 5,644 8,770

5. EXCEPTIONAL ITEMS
30.9.24 30.9.23
£    £   
Profit/loss on sale of invest - (1,110 )

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 52,387
DEPRECIATION
At 1 October 2023 41,666
Charge for year 5,644
At 30 September 2024 47,310
NET BOOK VALUE
At 30 September 2024 5,077
At 30 September 2023 10,721

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 1,300 1,300
Other debtors 2,103 2,087
3,403 3,387

Grange Holiday Lets Limited (Registered number: 11582379)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts - 2,211
Trade creditors 1,731 (888 )
Taxation and social security 2,597 5,627
Other creditors 7,248 4,880
11,576 11,830

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 13,410 13,303