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
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
Granite Property Holdings Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
14,025
13,200
Investment property
1,073,000
844,000
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
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
Granite Property Holdings Ltd
Notes to the Accounts
for the year ended 30 November 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 30 November 2024
18,700
At 30 November 2024
14,025
At 30 November 2023
13,200
Fair value at 1 December 2023
844,000
At 30 November 2024
1,073,000
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
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).