A.G. Gregory Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01929808 (England and Wales)

A.G. GREGORY PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTORS:

Mr. A.G. Gregory

Mrs. J. Gregory

Mrs. L. Bushell

Mrs S. David

SECRETARY:

Mrs. J. Gregory

REGISTERED OFFICE:

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

REGISTERED NUMBER:

01929808 (England and Wales)

ACCOUNTANTS:

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

BANKERS:

Lloyds Bank plc

134 High Street

Stourbridge

West Midlands

DY8 1DS

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A.G. Gregory Properties Limited for the year ended 31 March 2025 which comprise the Statement of Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A.G. Gregory Properties Limited, as a body, in accordance with the terms of our engagement letter dated 18 August 2008. Our work has been undertaken solely to prepare for your approval the financial statements of A.G. Gregory Properties Limited and state those matters that we have agreed to state to the Board of Directors of A.G. Gregory Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A.G. Gregory Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A.G. Gregory Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A.G. Gregory Properties Limited. You consider that A.G. Gregory Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A.G. Gregory Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

14 August 2025

FIXED ASSETS

Tangible assets

4

-

Investment property

5

600,000

CURRENT ASSETS

Cash at bank

31,047

15,899

CREDITORS

Amounts falling due within one year

6

91,934

99,603

NET CURRENT LIABILITIES

(60,887

)

(83,704

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

539,113

516,296

PROVISIONS FOR LIABILITIES

18,160

NET ASSETS

520,953

498,136

CAPITAL AND RESERVES

Called up share capital

1,000

Fair value reserve

7

377,927

Retained earnings

142,026

119,209

SHAREHOLDERS' FUNDS

520,953

498,136

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2025 and were signed on its behalf by:

Mr. A.G. Gregory - Director

1.	STATUTORY INFORMATION

A.G. Gregory Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rental income receivable for the year, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

2,101

DEPRECIATION

At 1 April 2024

and 31 March 2025

2,101

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

600,000

NET BOOK VALUE

At 31 March 2025

600,000

At 31 March 2024

600,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2015

275,500

Valuation in 2018

60,000

Cost

264,500

600,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Taxation and social security

5,352

67

Other creditors

86,582

99,536

91,934

99,603

7.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

377,927