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Company Registration No. 11691541 (England and Wales)
Granite Property Holdings Ltd Unaudited accounts for the year ended 30 November 2024
Granite Property Holdings Ltd Unaudited accounts Contents
Page
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Granite Property Holdings Ltd Company Information for the year ended 30 November 2024
Director
Andrew Mark Littler
Company Number
11691541 (England and Wales)
Registered Office
1 Duffield Road Derby Derbyshire DE1 3BB England
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Granite Property Holdings Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,025 
13,200 
Investment property
1,073,000 
844,000 
1,087,025 
857,200 
Current assets
Cash at bank and in hand
1,366 
7,320 
Creditors: amounts falling due within one year
(383,171)
(96,061)
Net current liabilities
(381,805)
(88,741)
Total assets less current liabilities
705,220 
768,459 
Creditors: amounts falling due after more than one year
(482,000)
(482,000)
Net assets
223,220 
286,459 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
365,395 
365,395 
Profit and loss account
(142,275)
(79,036)
Shareholders' funds
223,220 
286,459 
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 30 August 2025 and were signed on its behalf by
Andrew Mark Littler Director Company Registration No. 11691541
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Granite Property Holdings Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Granite Property Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 11691541. The registered office is 1 Duffield Road, Derby, Derbyshire, DE1 3BB, 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.
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:
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 December 2023
13,200 
Additions
5,500 
At 30 November 2024
18,700 
Depreciation
Charge for the year
4,675 
At 30 November 2024
4,675 
Net book value
At 30 November 2024
14,025 
At 30 November 2023
13,200 
5
Investment property
2024 
£ 
Fair value at 1 December 2023
844,000 
Additions
229,000 
At 30 November 2024
1,073,000 
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Granite Property Holdings Ltd Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
381,290 
96,061 
Accruals
1,881 
- 
383,171 
96,061 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
482,000 
482,000 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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