2023-07-01 06009607 2024-06-30 06009607 2023-07-01 2024-06-30 06009607 2023-06-30 06009607 2022-07-01 2023-06-30 06009607 uk-core:WithinOneYear 2023-06-30 06009607 uk-core:WithinOneYear 2024-06-30 06009607 uk-core:AfterOneYear 2023-06-30 06009607 uk-core:AfterOneYear 2024-06-30 06009607 uk-core:ShareCapital 2024-06-30 06009607 uk-core:ShareCapital 2023-06-30 06009607 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 06009607 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 06009607 uk-bus:Director1 2023-07-01 2024-06-30 06009607 uk-core:InvestmentPropertyIncludedWithinPPE 2023-07-01 2024-06-30 06009607 uk-core:FurnitureFittings 2023-07-01 2024-06-30 06009607 uk-core:AfterOneYear uk-core:Secured 2024-06-30 06009607 uk-core:AfterOneYear uk-core:Secured 2023-06-30 iso4217:GBP xbrli:pure 06009607 uk-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06009607 uk-bus:FRS102 2023-07-01 2024-06-30 06009607 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 06009607 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Grasim Properties (UK) Ltd
Registered Number:06009607
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2024
Grasim Properties (UK) Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
06009607
As at 30 June 2024
Grasim Properties (UK) Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
873
1,091
2
3
5,537,040
5,537,040
Investment property
5,537,913
5,538,131
Current assets
Trade and other receivables
61,200
33,364
5
1,070
Cash and cash equivalents
3,357
36,721
62,270
Trade and other payables: amounts falling due within one
year
(42,630)
(28,197)
6
19,640
8,524
Net current assets
Total assets less current liabilities
5,546,437
5,557,771
Trade and other payables: amounts falling due after more
than one year
(4,591,383)
(4,588,871)
7
(183,971)
(183,971)
Provisions for liabilities
773,595
Net assets
782,417
Capital and reserves
Called up share capital
100
100
Retained earnings
773,495
782,317
773,595
782,417
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs I K Makkar Director
These financial statements were approved and authorised for issue by the Board on 10 March 2025 and were signed by:
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4
Registered Number :
06009607
For the year ended 30 June 2024
Grasim Properties (UK) Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 June 2024
Grasim Properties (UK) Ltd
Notes to the Financial Statements
Statutory Information
Grasim Properties (UK) Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06009607.
Registered address:
Top Floor, Bridgewater House
866 -868 Uxbridge Road
Hayes, Middlesex
UB4 0RR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover represents rents receivable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
0% Straight line
20% Reducing balance
Fixtures and fittings
The company''s freehold properties are revalued in full every five years. Interim valuations are carried out when it is
likely that there has been a material change in value.
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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6
For the year ended 30 June 2024
Grasim Properties (UK) Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or
valuation
At 01 July 2023
8,752
At 30 June 2024
8,752
Provision for depreciation and impairment
At 01 July 2023
7,661
Charge for year
218
At 30 June 2024
7,879
At 30 June 2024
Net book value
873
At 30 June 2023
1,091
3. Investment property
Total
£
Fair value
At 01 July 2023
5,537,040
At 30 June 2024
5,537,040
Net book value
At 30 June 2024
5,537,040
At 30 June 2023
5,537,040
4. Investments held as fixed assets
5. Trade and other receivables
2023
2024
£
£
Amounts owed by group undertakings and participating interests
3,682
37,952
Other debtors
29,682
23,248
61,200
33,364
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7
For the year ended 30 June 2024
Grasim Properties (UK) Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
3,609
16,188
Other creditors
24,588
26,442
28,197
42,630
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
37,229
40,686
Bank loans and overdraft (secured)
3,869,151
3,857,918
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
682,491
692,779
4,588,871
4,591,383
8. Average number of persons employed
During the year the average number of employees was 0
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