Registered number
02613465
Greatcentre Limited
Filleted Accounts
31 October 2024
Greatcentre Limited
Registered number: 02613465
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 340,000 106,531
Creditors: amounts falling due within one year 4 (109,330) (108,936)
Net current liabilities (109,330) (108,936)
Total assets less current liabilities 230,670 (2,405)
Provisions for liabilities (44,359) -
Net assets/(liabilities) 186,311 (2,405)
Capital and reserves
Called up share capital 2 2
Revaluation reserve 5 189,110 -
Profit and loss account (2,801) (2,407)
Shareholders' funds 186,311 (2,405)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
F E Townson
Director
Approved by the board on 27 August 2025
Greatcentre Limited
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Turnover
The company did not trade during the year.
Tangible fixed assets
The Company has no Tangible fixed assets other than land held at cost. Depreciation is not provided.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
The company has no tax liabilities.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 November 2023 106,531
Surplus on revaluation 233,469
At 31 October 2024 340,000
Depreciation
At 31 October 2024 -
Net book value
At 31 October 2024 340,000
At 31 October 2023 106,531
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 150 150
Other creditors 109,180 108,786
109,330 108,936
5 Revaluation reserve 2024 2023
£ £
Gain on revaluation of land and buildings 233,469 -
Deferred taxation arising on the revaluation of land and buildings (44,359) -
At 31 October 2024 189,110 -
The land was revalued as at 19 April 2024
6 Other information
Greatcentre Limited is a private company limited by shares and incorporated in England. Its registered office is:
10 Aincliffe Lane
Bolton Le Sands
Carnforth
Lancashire
LA5 3BN
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