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REGISTERED NUMBER: 10121115 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

GRANDISH LTD

GRANDISH LTD (REGISTERED NUMBER: 10121115)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


GRANDISH LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: A Grunhut
M Y Lefkowitz





REGISTERED OFFICE: Building B
OCC Estate
105 Eade Road
London
N4 1TJ





REGISTERED NUMBER: 10121115 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

GRANDISH LTD (REGISTERED NUMBER: 10121115)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Investment property 4 2,456,982 2,456,982

CURRENT ASSETS
Debtors 5 35,829 13,795
Cash at bank 11,990 20,995
47,819 34,790
CREDITORS
Amounts falling due within one year 6 (485,811 ) (472,946 )
NET CURRENT LIABILITIES (437,992 ) (438,156 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,018,990

2,018,826

CREDITORS
Amounts falling due after more than one
year

7

(1,954,048

)

(1,958,928

)
NET ASSETS 64,942 59,898

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 64,842 59,798
SHAREHOLDERS' FUNDS 64,942 59,898

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

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 directors acknowledge their 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.

GRANDISH LTD (REGISTERED NUMBER: 10121115)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by:





A Grunhut - Director


GRANDISH LTD (REGISTERED NUMBER: 10121115)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Grandish Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 2,456,982
NET BOOK VALUE
At 30 April 2024 2,456,982
At 30 April 2023 2,456,982

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 2,304 13,270
Other debtors 33,525 525
35,829 13,795

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Tax 7,837 8,427
Other creditors 476,954 462,839
Accrued expenses 1,020 1,680
485,811 472,946

GRANDISH LTD (REGISTERED NUMBER: 10121115)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans (see note 8) 1,943,248 1,943,144
Other loans (see note 8) 10,800 15,784
1,954,048 1,958,928

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 1,943,248 1,943,144

Repayable by instalments
Other loans more 5yrs instal 10,800 15,784

8. LOANS

An analysis of the maturity of loans is given below:

30.4.24 30.4.23
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 1,943,248 1,943,144

Repayable by instalments
Other loans more 5yrs instal 10,800 15,784

9. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank loans 1,943,248 1,943,144
Other loans 10,800 15,784
1,954,048 1,958,928

1. Long term bank loan is secured by first charge over the company's investment property.

2. Under the bank loan, £10,800 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 Ordinary £1 100 100

GRANDISH LTD (REGISTERED NUMBER: 10121115)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

11. RESERVES
Retained
earnings
£   

At 1 May 2023 59,798
Profit for the year 5,044
At 30 April 2024 64,842

12. ULTIMATE CONTROLLING PARTY

The controlling party is A Grunhut.