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Registered number
15452154
Granson Properties Limited
Unaudited Accounts
for the period
15 March 2024 to 31 January 2025
Granson Properties Limited
Balance Sheet
as at 31 January 2025
Notes
2025
£
Fixed assets
Tangible assets 3 9,200,800
9,200,800
Current assets
Debtors 150
Cash at bank and in hand 466,697
466,847
Creditors: amounts falling due within one year (9,308,140)
Net current assets / (liabilities) (8,841,293)
Total assets less current liabilities 359,507
Provisions for liabilities (0)
Total net assets (liabilities) 359,507
Capital and reserves
Called up share capital 4 96
Profit and loss account 359,411
Shareholders' funds 359,507

Granson Properties Limited
Balance Sheet
as at 31 January 2025



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the period ending 31 January 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

G Anson

Director


Approved by the board on 27 March 2025

Company Number: 15452154 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Lilies High Street
Weedon
Aylesbury
Buckinghamshire
HP22 4NS
United Kingdom

Granson Properties Limited
Notes to the Accounts
for the period 15 March 2024 to 31 January 2025

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
These financial statements have been prepared on a going concern basis. The director has ensured that the company has adequate resources to continue for the forseeable future with a credit facility agreed on 3 February 2025. Although repayable on demand the director has agreed not to call for repayment whilst funds would be needed to support the company.
Revenue recognition
Revenue being from rental income and interest is recognised on a receivable basis.
Investment property
The investment properties are accounted for under FRS 102 and measured at fair value at each reporting date as determined periodically by the director with assistance of a suitably qualified independent valuer as considered necessary.
Deferred taxation
Taxation represents the sum of tax currently payable and deferred tax.
The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
2. Employees
2025
Average number of employees during the period 0

3. Tangible fixed assets
Investment properties Total
Cost or valuation £ £
At 15 March 2024 9,200,800 9,200,800
At 31 January 2025 9,200,800 9,200,800
Depreciation
At 31 January 2025 0 0
Net book value
At 31 January 2025 9,200,800 9,200,800
At 14 March 2024 9,200,800 9,200,800

Properties acquired during the period are shown at cost. At 31 January 2025 cost is considered to represent fair value.


4. Share capital
2025
£
Allotted, called up and fully paid:
96 Ordinary shares of £1.00 each 96
96

Commitments, guarantees and contingencies

Notes

Lease commitment At 31 January 2025 the company had an annual commitment of £39,711 and a total commitment of £493,289 at current rates under a current non-cancellable operating lease over the remaining life of both the period to 24 April 2037 and to 24 June 2060. Capital, pension and other financial commitments, guarantees and contingencies The company had no capital, pension or other financial commitments, guarantees and contingencies at 31 January 2025.

6. Other information

Granson Properties Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Lilies, High Street, Weedon Aylesbury, Buckinghamshire HP22 4NS

The principal activity of the company in the year under review was that of property investment.