| Frelene (Grosvenor Street) Limited |
| Registered Number:09870571 |
For the period ended 31 December 2024
England and Wales
Unaudited Financial Statements
For the period ended 31 December 2024
Frelene (Grosvenor Street) Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Frelene (Grosvenor Street) Limited
Statement of Financial Position
2024
2024
| Property, plant and equipment |
14,450
17,000
2
3
61,000,000
61,000,000
61,014,450
61,017,000
| Trade and other receivables |
2,509,523
3,258,969
4
521,942
| Cash and cash equivalents |
304,049
3,563,018
3,031,465
| Trade and other payables: amounts falling due within one |
| year |
(660,642)
(878,244)
5
2,370,823
2,684,774
Net current assets
| Total assets less current liabilities |
63,699,224
63,387,823
| Trade and other payables: amounts falling due after more |
| than one year |
(63,654,552)
(64,845,373)
6
(2,000,000)
(2,000,000)
| Provisions for liabilities |
(3,146,149)
Net liabilities
(2,266,729)
100
100
10,102,525
10,102,525
7
(13,248,774)
(12,369,354)
(3,146,149)
(2,266,729)
Shareholders' funds
| For the period ended 31 December 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 of its financial statements for the period 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 proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the period ended 31 December 2024
Frelene (Grosvenor Street) Limited
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on 08 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the period ended 31 December 2024
Frelene (Grosvenor Street) Limited
Notes to the Financial Statements
Statutory Information
| Frelene (Grosvenor Street) Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 09870571. |
1c Oundle Avenue
Bushey
Herts
WD23 4QG
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Furniture and Fittings
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. |
FInancial Instruments
| The company only enters into basic financial instruments transactions that result in the recognition of financial assets |
| and liabilities like trade and other debtors, loans from banks and loans from and to related parties. |
| 2. Property, plant and equipment |
20,000
20,000
| Provision for depreciation and impairment |
3,000
Charge for period
2,550
5,550
14,450
17,000
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For the period ended 31 December 2024
Frelene (Grosvenor Street) Limited
Notes to the Financial Statements Continued
61,000,000
61,000,000
61,000,000
61,000,000
| 4. Trade and other receivables |
2024
2024
1,904,702
1,386,068
1,354,267
1,123,455
2,509,523
3,258,969
| 5. Trade and other payables: amounts falling due within one year |
2024
2024
878,244
660,642
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2024
| Bank loans and overdraft (secured) |
63,495,373
62,554,552
| Amounts owed to group undertaking and undertaking in which the |
| company has a participating interest |
1,350,000
1,100,000
64,845,373
63,654,552
| Revaluation reserve at 01 May 2024 |
10,102,525
10,102,525
| Revaluation reserve at 31 December 2024 |
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For the period ended 31 December 2024
Frelene (Grosvenor Street) Limited
Notes to the Financial Statements Continued
| 8. Average number of persons employed |
During the year the average number of employees was 0
| 9. Parent-subsidiary relationship |
| The parent company is Golden Flower Properties Limited whose registered office is 1c Oundle Avenue, Bushey, Herts, WD23 4QG. |
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