Thorpe Grange Investments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04524587 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

Thorpe Grange Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr M Georgiou

REGISTERED OFFICE:

33 Moorhurst Avenue

Goffs Oak

Waltham Cross

Hertfordshire

EN7 5LD

REGISTERED NUMBER:

04524587 (England and Wales)

ACCOUNTANTS:

M Georghiades & Associates

Chartered Certified Accountants

130A Darkes Lane

Potters Bar

Hertfordshire

EN6 1AF

FIXED ASSETS

Investments

4

100

CURRENT ASSETS

Debtors

5

76,131

14,412

Cash at bank

22,235

85,277

98,366

99,689

CREDITORS

Amounts falling due within one year

6

62,121

63,409

NET CURRENT ASSETS

36,245

36,280

TOTAL ASSETS LESS CURRENT
LIABILITIES

36,345

36,380

CAPITAL AND RESERVES

Called up share capital

7

3,000

Retained earnings

8

33,345

33,380

SHAREHOLDERS' FUNDS

36,345

36,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 August 2025 and were signed by:

Mr M Georgiou - Director

1.	STATUTORY INFORMATION

Thorpe Grange Investments 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.

Investments in subsidiaries

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2023

and 30 September 2024

100

NET BOOK VALUE

At 30 September 2024

100

At 30 September 2023

100

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

Other debtors

75,368

13,771

Vat Recoverable

763

641

76,131

14,412

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

Trade creditors

2,406

3,694

Other creditors

59,715

62,121

63,409

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.24

30.9.23

value:

£

3,000

Ordinary

£1.00

3,000

8.

RESERVES

Retained

earnings

£

At 1 October 2023

33,380

Deficit for the year

(35

)

At 30 September 2024

33,345

9.	RELATED PARTY DISCLOSURES

C.M.G. Investments Limited

The above is a related party by virtue of a common control. At the balance sheet date the company owed the related party £2,700 (2023: £2,700). No interest has been charges on this loan during the period.

Thorpe Grange (Norwich) Limited

The company is a related party by virtue of being a subsidiary undertaking. At the balance sheet date the related party owed the company £75,368 (2023: £13,771). No interest has been charged on this loan during the period.

10.	POST BALANCE SHEET EVENTS

There have not been any significant events since the balance sheet date.

There were no essential either adjusting events or non-adjusting events in the period of time elapsing between the balance sheet date and the date on which these financial statements are prepared. The impact of COVID-19 is described in the Going Concern Consideration Note.

The ongoing Russia - Ukraine conflict - This ongoing conflict has resulted in going concern becoming a significant risk. The United States and Europe have avoided direct military conflict with Russia amid its conflict with Ukraine. They have however used a set of financial sanctions to limit Russia's access to financial resources. The impact of the sanctions may result in difficulties for the company to operate. Neither Thorpe Grange Investments Limited nor the owners are currently on the sanctions list at the time of this report, however this may change as the situation changes.

The ongoing Israel - Gaza and Middle East conflict

The ongoing Israel - Gaza conflict has resulted in no major impact to cause significant operational risks and that the company continues to assess the nature and extent of any risks and uncertainties arising from these events.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr M Georgiou.

The ultimate controlling party is C.M.G. Investments Limited.

The company's immediate and ultimate parent undertaking is C.M.G. Investments Limited and Mr N. Georgiou. Mr M Georgiou is also a controlling party who controls 100% of the share capital in C.M.G. Investments Limited.

12.	GOING CONCERN CONSIDERATION

The Company's management does not see a severe impact of COVID-19 outbreak to its activity. The Company tested the financial impact on the following areas of financial statements that can be affected:

- Breach of trade contracts

- Revenue

- Cost of sales

- Inventories fair value measurements

- Debt repayment

13.	GENERAL INFORMATION

Thorpe Grange Investments Limited is a private limited company limited by shares. The company it is incorporated in England and Wales with registration number 04524587.

The company's registered office it is situated at 33 Moorhurst Avenue, Goffs Oak, Waltham Cross, Hertfordshire, EN7 5LD, United Kingdom.

14.	ENVIRONMENTAL RISKS AND CLIMATE CHANGES RESPONSIBILITIES

Environmental Risks

Due to the nature of the entity's operational activities there's no exposure to significant environmental risks.

Climate changes and environmental responsibility

Despite the fact that our organisation offering rental and property management and letting services of our own real estate, we are always consider the environmental sustainability. Future business performance will be impacted by our ability to effectively manage the transition to a low carbon economy balancing commercial decisions with the environmental responsibility, agreeing business-wide decarbonisation priorities and managing changes in customer preferences.

This include management of the increasing costs associated with sustainable materials, recycling carbon pricing and further technological, policy and regulatory interventions.

We are operating in a world and a sector with high pressure from carbon-conscious customers, government bodies and regulators to operate in a more environmentally conscious manner. To respond to the circular economy, waste reduction and low carbon products and use of a recycled parts and related components.