IRIS Accounts Production v24.3.0.553 03237208 director 1.5.23 31.3.24 31.3.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh032372082023-04-30032372082024-03-31032372082023-05-012024-03-31032372082022-04-30032372082022-05-012023-04-30032372082023-04-3003237208ns15:EnglandWales2023-05-012024-03-3103237208ns14:PoundSterling2023-05-012024-03-3103237208ns10:Director12023-05-012024-03-3103237208ns10:PrivateLimitedCompanyLtd2023-05-012024-03-3103237208ns10:SmallEntities2023-05-012024-03-3103237208ns10:AuditExempt-NoAccountantsReport2023-05-012024-03-3103237208ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-03-3103237208ns10:SmallCompaniesRegimeForAccounts2023-05-012024-03-3103237208ns10:FullAccounts2023-05-012024-03-310323720812023-05-012024-03-3103237208ns10:OrdinaryShareClass12023-05-012024-03-3103237208ns10:CompanySecretary12023-05-012024-03-3103237208ns10:RegisteredOffice2023-05-012024-03-3103237208ns5:CurrentFinancialInstruments2024-03-3103237208ns5:CurrentFinancialInstruments2023-04-3003237208ns5:ShareCapital2024-03-3103237208ns5:ShareCapital2023-04-3003237208ns5:RetainedEarningsAccumulatedLosses2024-03-3103237208ns5:RetainedEarningsAccumulatedLosses2023-04-3003237208ns5:NetGoodwill2023-05-012024-03-3103237208ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-03-3103237208ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-05-012024-03-3103237208ns5:FurnitureFittings2023-05-012024-03-3103237208ns5:NetGoodwill2023-04-3003237208ns5:NetGoodwill2024-03-3103237208ns5:NetGoodwill2023-04-3003237208ns5:LandBuildings2023-04-3003237208ns5:FurnitureFittings2023-04-3003237208ns5:LandBuildings2023-05-012024-03-3103237208ns5:LandBuildings2024-03-3103237208ns5:FurnitureFittings2024-03-3103237208ns5:LandBuildings2023-04-3003237208ns5:FurnitureFittings2023-04-3003237208ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3103237208ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3003237208ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 03237208 (England and Wales)




























Unaudited Financial Statements

for the Period 1 May 2023 to 31 March 2024

for

Gran Sol Properties (Europe) Limited

Gran Sol Properties (Europe) Limited (Registered number: 03237208)






Contents of the Financial Statements
for the Period 1 May 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Gran Sol Properties (Europe) Limited

Company Information
for the Period 1 May 2023 to 31 March 2024







DIRECTOR: Mr Michael John Breen





SECRETARY: Mr Michael John Breen





REGISTERED OFFICE: 70 Chorley New Road
Bolton
Lancashire
BL1 4BY





REGISTERED NUMBER: 03237208 (England and Wales)





ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY

Gran Sol Properties (Europe) Limited (Registered number: 03237208)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 9,270 9,456
9,271 9,457

CURRENT ASSETS
Debtors 6 152,820 156,306
Cash at bank 23,194 22,512
176,014 178,818
CREDITORS
Amounts falling due within one year 7 14,412 41,151
NET CURRENT ASSETS 161,602 137,667
TOTAL ASSETS LESS CURRENT
LIABILITIES

170,873

147,124

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 169,873 146,124
SHAREHOLDERS' FUNDS 170,873 147,124

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 April 2025 and were signed by:




Mr Michael John Breen - Director


Gran Sol Properties (Europe) Limited (Registered number: 03237208)

Notes to the Financial Statements
for the Period 1 May 2023 to 31 March 2024

1. STATUTORY INFORMATION

Gran Sol Properties (Europe) 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, was amortised evenly over its estimated useful life of ten year and has been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Fixtures and fittings - 20% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 31 March 2024 100,000
AMORTISATION
At 1 May 2023
and 31 March 2024 99,999
NET BOOK VALUE
At 31 March 2024 1
At 30 April 2023 1

Gran Sol Properties (Europe) Limited (Registered number: 03237208)

Notes to the Financial Statements - continued
for the Period 1 May 2023 to 31 March 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 May 2023
and 31 March 2024 10,112 1,479 11,591
DEPRECIATION
At 1 May 2023 657 1,478 2,135
Charge for period 186 - 186
At 31 March 2024 843 1,478 2,321
NET BOOK VALUE
At 31 March 2024 9,269 1 9,270
At 30 April 2023 9,455 1 9,456

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 150,673 154,664
Directors' current accounts 2,147 -
VAT - 1,577
Prepayments - 65
152,820 156,306

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 784 17,141
Social security and other taxes 1,718 -
VAT 6,545 -
Directors' current accounts 1,148 20,099
Accrued expenses 4,217 3,911
14,412 41,151

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000