REGISTERED NUMBER: 05537672

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Greshfield Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Becker

Mr J Hager

SECRETARY:

Mrs T Becker

REGISTERED OFFICE:

64 Ballards Lane

London

N3 2BU

REGISTERED NUMBER:

05537672

ACCOUNTANTS:

London Accounting Group Ltd

5 North End Road

London

NW11 7RJ

FIXED ASSETS

Investments

4

2

2

Investment property

5

491,430

491,430

491,432

491,432

CURRENT ASSETS

Stocks

6

249,426

249,426

Debtors

7

463,367

422,209

Cash at bank

63,396

93,303

776,189

764,938

CREDITORS

Amounts falling due within one year

8

290,735

282,532

NET CURRENT ASSETS

485,454

482,406

TOTAL ASSETS LESS CURRENT LIABILITIES

976,886

973,838

CREDITORS

Amounts falling due after more than one year

9

228,799

231,757

NET ASSETS

748,087

742,081

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

747,987

741,981

SHAREHOLDERS' FUNDS

748,087

742,081

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.

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 15 September 2025 and were signed on its behalf by:

A Becker - Director

1.	STATUTORY INFORMATION

Greshfield Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover

Turnover represents sale of properties and gross rental income .

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 January 2024

and 31 December 2024

2

NET BOOK VALUE

At 31 December 2024

2

At 31 December 2023

2

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

491,430

NET BOOK VALUE

At 31 December 2024

491,430

At 31 December 2023

491,430

6.

STOCKS

31.12.24

31.12.23

£

£

Stock of properties

249,426

249,426

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

81,071

85,655

Tax Refundable

8,373

8,373

Amounts owed by participating interests

261,233

177,491

Other debtors

72,690

110,690

Commercial loan debtors

40,000

40,000

463,367

422,209

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 10)

2,814

2,814

Trade creditors

1

-

Amounts owed to participating interests

220,690

220,690

Tax

13,055

7,133

Other creditors

49,615

49,615

Accrued expenses

4,560

2,280

290,735

282,532

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans (see note 10)

228,799

231,757

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

227,292

227,292

10.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due within one year or on demand:

Bank loans

2,814

2,814

Amounts falling due between one and two years:

Bank loans - 1-2 years

1,507

2,814

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

1,651

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

227,292

227,292

11.	CALLED UP SHARE CAPITAL

50 Ordinary £1 shares

5 Ordinary £1 B shares

5 Ordinary £1 C shares

5 Ordinary £1 D shares

5 Ordinary £1 E shares

5 Ordinary £1 F shares

5 Ordinary £1 G shares

5 Ordinary £1 H shares

5 Ordinary £1 I shares

5 Ordinary £1 J shares