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Company Registration No. 01083288 (England and Wales)
GROVE PROPERTIES (LANCASHIRE) LIMITED Unaudited accounts for the year ended 30 September 2024
GROVE PROPERTIES (LANCASHIRE) LIMITED Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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GROVE PROPERTIES (LANCASHIRE) LIMITED Company Information for the year ended 30 September 2024
Directors
Mr I Brogden Mrs F Brogden
Company Number
01083288 (England and Wales)
Registered Office
39 Cayley Promenade Rhos-on-Sea Colwyn LL28 4DU
Accountants
P A Hull & Co 30 Bolton Road Aspull Wigan Lancashire WN2 1YY
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of GROVE PROPERTIES (LANCASHIRE) LIMITED for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GROVE PROPERTIES (LANCASHIRE) LIMITED for the year ended 30 September 2024 as set out on pages 5 - 6 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 at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
P A Hull & Co Chartered Accountants 30 Bolton Road Aspull Wigan Lancashire WN2 1YY 28 February 2025
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GROVE PROPERTIES (LANCASHIRE) LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
930,000 
930,000 
Current assets
Inventories
50,000 
50,000 
Debtors
(1,185)
(4,450)
Cash at bank and in hand
8,369 
143,229 
57,184 
188,779 
Creditors: amounts falling due within one year
(23,799)
(135,586)
Net current assets
33,385 
53,193 
Net assets
963,385 
983,193 
Capital and reserves
Called up share capital
4
100 
100 
Revaluation reserve
648,000 
648,000 
Profit and loss account
315,285 
335,093 
Shareholders' funds
963,385 
983,193 
For the year ending 30 September 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 28 February 2025 and were signed on its behalf by
Mr I Brogden Director Company Registration No. 01083288
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GROVE PROPERTIES (LANCASHIRE) LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
GROVE PROPERTIES (LANCASHIRE) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01083288. The registered office is 39 Cayley Promenade , Rhos-on-Sea, Colwyn , LL28 4DU.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
5
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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