IRIS Accounts Production v25.1.4.42 05519187 Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 0 0 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05519187 2023-12-31 05519187 2024-12-31 05519187 2024-01-01 2024-12-31 05519187 2022-12-31 05519187 2023-01-01 2023-12-31 05519187 2023-12-31 05519187 ns15:EnglandWales 2024-01-01 2024-12-31 05519187 ns14:PoundSterling 2024-01-01 2024-12-31 05519187 ns10:Director1 2024-01-01 2024-12-31 05519187 ns10:Director2 2024-01-01 2024-12-31 05519187 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05519187 ns10:SmallEntities 2024-01-01 2024-12-31 05519187 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05519187 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 05519187 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05519187 ns10:FullAccounts 2024-01-01 2024-12-31 05519187 ns10:Director3 2024-01-01 2024-12-31 05519187 ns10:CompanySecretary1 2024-01-01 2024-12-31 05519187 ns10:RegisteredOffice 2024-01-01 2024-12-31 05519187 ns5:CurrentFinancialInstruments 2024-12-31 05519187 ns5:CurrentFinancialInstruments 2023-12-31 05519187 ns5:ShareCapital 2024-12-31 05519187 ns5:ShareCapital 2023-12-31 05519187 ns5:RevaluationReserve 2024-12-31 05519187 ns5:RevaluationReserve 2023-12-31 05519187 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 05519187 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 05519187 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 05519187 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 05519187 ns5:RevaluationReserve 2023-12-31

REGISTERED NUMBER: 05519187 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

GREY GEESE PROPERTIES LIMITED

GREY GEESE PROPERTIES LIMITED (REGISTERED NUMBER: 05519187) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| GREY GEESE PROPERTIES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| DIRECTORS: | J Young

| S J Young

| Mrs S J Young

| SECRETARY: |

| REGISTERED OFFICE: | Pottal Pool House

| Pottal Pool

| Teddesley Hay

| Stafford

| Staffordshire

| ST19 5RR

| REGISTERED NUMBER: | 05519187 (England and Wales)

| ACCOUNTANTS: | Crombies Accountants Limited

| Chartered Accountants

| 34 Waterloo Road

| Wolverhampton

| West Midlands

| WV1 4DG

GREY GEESE PROPERTIES LIMITED (REGISTERED NUMBER: 05519187) |

STATEMENT OF FINANCIAL POSITION

31 DECEMBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 323,500 |  | 310,500 |  |

CURRENT ASSETS

Debtors | 5 | 13,450 |  | 3,945 |  |

Cash at bank | 380 |  | 19 |  |

13,830 |  | 3,964 |  |

CREDITORS

Amounts falling due within one year | 6 | 224,073 |  | 223,856 |  |

NET CURRENT LIABILITIES | (210,243 | ) | (219,892 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 113,257 |  | 90,608 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Fair value reserve | 7 | 86,789 |  | 73,789 |  |

Retained earnings | 26,368 |  | 16,719 |  |

SHAREHOLDERS' FUNDS | 113,257 |  | 90,608 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

GREY GEESE PROPERTIES LIMITED (REGISTERED NUMBER: 05519187) |

STATEMENT OF FINANCIAL POSITION - continued

31 DECEMBER 2024

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2025 and were signed on its behalf by:

J Young - Director

S J Young - Director

GREY GEESE PROPERTIES LIMITED (REGISTERED NUMBER: 05519187) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Grey Geese 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| 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.

| The company has taken advantage of the transitional exemptions in FRS102 35.10 (d) to use a previous GAAP revaluation as its deemed cost.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2023 - NIL).

GREY GEESE PROPERTIES LIMITED (REGISTERED NUMBER: 05519187) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2024 | 310,500 |  |

| Revaluations | 13,000 |  |

| At 31 December 2024 | 323,500 |  |

| NET BOOK VALUE

| At 31 December 2024 | 323,500 |  |

| At 31 December 2023 | 310,500 |  |

| The company has taken advantage of the transitional exemptions in FRS102 35.10 (d) to use a previous GAAP revaluation as its deemed cost.

| Fair value at 31 December 2024 is represented by:

£ |

| Valuation in 2016 | 32,905 |  |

| Valuation in 2021 | 3,384 |  |

| Valuation in 2022 | 33,000 |  |

| Valuation in 2023 | 4,500 |  |

| Valuation in 2024 | 13,000 |  |

| Cost | 236,711 |  |

323,500 |  |

| If investment property had not been revalued it would have been included at the following historical cost:

2024 | 2023 |

£ | £ |

| Cost | 236,711 |  | 236,711 |  |

| Investment property was valued on an open market basis on 31 December 2024 by the directors. .

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Amounts owed by group undertakings | - |  | 345 |  |

| Other debtors | 13,450 |  | 3,600 |  |

13,450 |  | 3,945 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Taxation and social security | 3,540 |  | 2,977 |  |

| Other creditors | 220,533 |  | 220,879 |  |

224,073 |  | 223,856 |  |

GREY GEESE PROPERTIES LIMITED (REGISTERED NUMBER: 05519187) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

7. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 January 2024 | 73,789 |  |

| Revaluation of freehold

| property | 13,000 |  |

| At 31 December 2024 | 86,789 |  |