1 December 2023 false No description of principal activity Taxfiler 2024.6 11658260business:PrivateLimitedCompanyLtd2023-12-012024-11-30 116582602023-11-30 116582602023-12-012024-11-30 11658260business:AuditExempt-NoAccountantsReport2023-12-012024-11-30 11658260business:FilletedAccounts2023-12-012024-11-30 116582602024-11-30 11658260business:Director12023-12-012024-11-30 11658260business:CompanySecretary12023-12-012024-11-30 11658260business:RegisteredOffice2023-12-012024-11-30 116582602023-11-30 11658260core:WithinOneYear2024-11-30 11658260core:WithinOneYear2023-11-30 11658260core:AfterOneYear2024-11-30 11658260core:AfterOneYear2023-11-30 11658260core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 11658260core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 11658260core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 11658260core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 11658260core:PreviouslyStatedAmount2024-11-30 11658260core:PreviouslyStatedAmount2023-11-30 11658260business:SmallEntities2023-12-012024-11-30 11658260countries:EnglandWales2023-12-012024-11-30 11658260core:ComputerEquipment2023-12-012024-11-30 11658260core:ComputerEquipment2023-11-30 11658260core:ComputerEquipment2024-11-30 116582602022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. 11658260 (England and Wales)
GRS INVEST LTD Unaudited accounts for the year ended 30 November 2024
GRS INVEST LTD Unaudited accounts Contents
Page
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GRS INVEST LTD Company Information for the year ended 30 November 2024
Director
Georgi STANOEV
Secretary
Rosen STANOEV
Company Number
11658260 (England and Wales)
Registered Office
C/O 2 BURGESS AVENUE LONDON NW9 8TY ENGLAND
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GRS INVEST LTD Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
818 
- 
Investment property
657,227 
372,965 
658,045 
372,965 
Current assets
Cash at bank and in hand
4,142 
34,214 
Creditors: amounts falling due within one year
(221,716)
(96,102)
Net current liabilities
(217,574)
(61,888)
Total assets less current liabilities
440,471 
311,077 
Creditors: amounts falling due after more than one year
(444,509)
(321,459)
Net liabilities
(4,038)
(10,382)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(4,039)
(10,383)
Shareholders' funds
(4,038)
(10,382)
For the year ending 30 November 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 August 2025 and were signed on its behalf by
Georgi STANOEV Director Company Registration No. 11658260
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GRS INVEST LTD Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
GRS INVEST LTD is a private company, limited by shares, registered in England and Wales, registration number 11658260. The registered office is C/O 2, BURGESS AVENUE, LONDON, NW9 8TY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
50%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2023
- 
Additions
1,308 
At 30 November 2024
1,308 
Depreciation
Charge for the year
490 
At 30 November 2024
490 
Net book value
At 30 November 2024
818 
5
Investment property
2024 
£ 
Fair value at 1 December 2023
372,965 
Additions
284,262 
At 30 November 2024
657,227 
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GRS INVEST LTD Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
804 
540 
Loans from directors
220,912 
95,562 
221,716 
96,102 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
444,509 
321,459 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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