2023-05-01 09870571 2024-04-30 09870571 2023-05-01 2024-04-30 09870571 2023-04-30 09870571 2022-05-01 2023-04-30 09870571 uk-core:WithinOneYear 2023-04-30 09870571 uk-core:WithinOneYear 2024-04-30 09870571 uk-core:AfterOneYear 2023-04-30 09870571 uk-core:AfterOneYear 2024-04-30 09870571 uk-core:ShareCapital 2024-04-30 09870571 uk-core:ShareCapital 2023-04-30 09870571 uk-core:RevaluationReserve 2024-04-30 09870571 uk-core:RevaluationReserve 2023-04-30 09870571 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 09870571 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 09870571 uk-bus:Director1 2023-05-01 2024-04-30 09870571 uk-core:WithinOneYear uk-core:Secured 2024-04-30 09870571 uk-core:WithinOneYear uk-core:Secured 2023-04-30 iso4217:GBP xbrli:pure 09870571 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 09870571 uk-bus:FRS102 2023-05-01 2024-04-30 09870571 uk-bus:FilletedAccounts 2023-05-01 2024-04-30 09870571 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
Frelene (Grosvenor Street) Limited
Registered Number:09870571
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
09870571
As at 30 April 2024
Frelene (Grosvenor Street) Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
17,000
-
2
3
61,000,000
60,000,000
Investment property
61,017,000
60,000,000
Current assets
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)
Capital and reserves
Called up share capital
100
100
Revaluation reserve
10,102,525
9,198,253
7
Retained earnings
(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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4
Registered Number :
09870571
For the year ended 30 April 2024
Frelene (Grosvenor Street) Limited
Statement of Financial Position Continued
Mr S Sutton Director
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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5
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.
Registered address:
1c Oundle Avenue
Bushey
Herts
WD23 4QG
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.
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
Furniture and
Fittings
£
Cost or
valuation
20,000
Additions
At 30 April 2024
20,000
Provision for depreciation and impairment
Charge for year
3,000
At 30 April 2024
3,000
At 30 April 2024
Net book value
17,000
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6
For the year ended 30 April 2024
Frelene (Grosvenor Street) Limited
Notes to the Financial Statements Continued
3. Investment property
Total
£
Fair value
At 01 May 2023
60,000,000
Fair value adjustments
1,000,000
At 30 April 2024
61,000,000
Net book value
At 30 April 2024
61,000,000
At 30 April 2023
60,000,000
4. Trade and other receivables
2023
2024
£
£
Trade debtors
1,386,068
19,554
Other debtors
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
Other creditors
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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7
For the year ended 30 April 2024
Frelene (Grosvenor Street) Limited
Notes to the Financial Statements Continued
7. Reserves
Total
£
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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