Frelene (Grosvenor Street) Limited |
Registered Number:09870571 |
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2024
Frelene (Grosvenor Street) Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Frelene (Grosvenor Street) Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
17,000
-
2
3
61,000,000
60,000,000
61,017,000
60,000,000
Trade and other receivables |
1,059,296
2,509,523
4
1,049,579
Cash and cash equivalents |
521,942
3,031,465
2,108,875
Trade and other payables: amounts falling due within one |
year |
(2,729,221)
(660,642)
5
(620,346)
2,370,823
Net current assets
Total assets less current liabilities |
63,387,823
59,379,654
Trade and other payables: amounts falling due after more |
than one year |
(58,725,230)
(63,654,552)
6
(2,000,000)
(2,000,000)
Provisions for liabilities |
(2,266,729)
Net liabilities
(1,345,576)
100
100
10,102,525
9,198,253
7
(12,369,354)
(10,543,929)
(2,266,729)
(1,345,576)
Shareholders' funds
For the 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 members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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. |
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For the year ended 30 April 2024
Frelene (Grosvenor Street) Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 22 April 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 April 2024
Frelene (Grosvenor Street) Limited
Notes to the Financial Statements
Statutory Information
Frelene (Grosvenor Street) Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 09870571. |
1c Oundle Avenue
Bushey
Herts
WD23 4QG
The presentation currency is £ sterling. |
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. |
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. |
FInancial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets |
and liabilities like trade and other debtors, loans from banks and loans from and to related parties. |
2. Property, plant and equipment |
20,000
20,000
Provision for depreciation and impairment |
Charge for year
3,000
3,000
17,000
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For the year ended 30 April 2024
Frelene (Grosvenor Street) Limited
Notes to the Financial Statements Continued
60,000,000
1,000,000
61,000,000
61,000,000
60,000,000
4. Trade and other receivables |
2023
2024
1,386,068
19,554
1,123,455
1,039,742
1,059,296
2,509,523
5. Trade and other payables: amounts falling due within one year |
2023
2024
Bank loans and overdraft (secured) |
-
2,521,623
660,642
207,598
660,642
2,729,221
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
Bank loans and overdraft (secured) |
62,554,552
58,725,230
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
1,100,000
-
63,654,552
58,725,230
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For the year ended 30 April 2024
Frelene (Grosvenor Street) Limited
Notes to the Financial Statements Continued
Revaluation reserve at 01 May 2023 |
9,198,253
Revaluation of fixed assets |
904,272
10,102,525
Revaluation reserve at 30 April 2024 |
8. Average number of persons employed |
During the year the average number of employees was 0
9. Parent-subsidiary relationship |
The parent company is Golden Flower Properties Limited whose registered office is St Julian's Court, St Peter Port, Guernsey, GY1 6AX. |
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