Groundyear Property Management Limited 02497656 true 2023-11-02 2024-11-01 2024-11-01 The principal activity of the company is holding freehold of property Digita Accounts Production Advanced 6.30.9574.0 true Mr Richard Winterton Mr Anthony Maylam 02497656 2023-11-02 2024-11-01 02497656 2024-11-01 02497656 bus:OrdinaryShareClass1 2024-11-01 02497656 core:ShareCapital 2024-11-01 02497656 bus:FRS102 2023-11-02 2024-11-01 02497656 bus:AuditExempt-NoAccountantsReport 2023-11-02 2024-11-01 02497656 bus:FullAccounts 2023-11-02 2024-11-01 02497656 bus:RegisteredOffice 2023-11-02 2024-11-01 02497656 bus:CompanySecretaryDirector1 2023-11-02 2024-11-01 02497656 bus:Director2 2023-11-02 2024-11-01 02497656 bus:OrdinaryShareClass1 2023-11-02 2024-11-01 02497656 bus:EntityHasNeverTraded 2023-11-02 2024-11-01 02497656 bus:PrivateLimitedCompanyLtd 2023-11-02 2024-11-01 02497656 bus:Agent1 2023-11-02 2024-11-01 02497656 countries:EnglandWales 2023-11-02 2024-11-01 02497656 2022-11-02 2023-11-01 02497656 2023-11-01 02497656 bus:OrdinaryShareClass1 2023-11-01 02497656 core:ShareCapital 2023-11-01 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 02497656

Groundyear Property Management Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 1 November 2024

image-name
 

Groundyear Property Management Limited

Contents

Company Information

1

Directors' Report

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Unaudited Financial Statements

5 to 6

 

Groundyear Property Management Limited

Company Information

Directors

Mr Richard Winterton

Mr Anthony Maylam

Company secretary

Mr Richard Winterton

Registered office

263 Goldhawk Road
London
W12 8EU

Accountants

SME Tax Ltd
Chartered Certified Accountants39 Leigh Road
Cobham
Surrey
KT11 2LF

 

Groundyear Property Management Limited

Directors' Report for the Year Ended 1 November 2024

The directors present their report and the financial statements for the year ended 1 November 2024.

Directors of the company

The directors who held office during the year were as follows:

Mr Richard Winterton - Company secretary and director

Mr Anthony Maylam

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved and authorised by the Board on 7 July 2025 and signed on its behalf by:
 

.........................................
Mr Richard Winterton
Company secretary and director

 

Groundyear Property Management Limited

Profit and Loss Account for the Year Ended 1 November 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Groundyear Property Management Limited

(Registration number: 02497656)
Balance Sheet as at 1 November 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

4

4

Capital and reserves

 

Called up share capital

4

4

4

Shareholders' funds

 

4

4

For the financial year ending 1 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 1 November 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 7 July 2025 and signed on its behalf by:
 

.........................................
Mr Richard Winterton
Company secretary and director

 

Groundyear Property Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 1 November 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
263 Goldhawk Road
London
W12 8EU

These financial statements were authorised for issue by the Board on 7 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Cash and cash equivalents

2024
£

2023
£

Cash at bank

4

4

 

Groundyear Property Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 1 November 2024

4

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

4

4

4

4

       

5

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).