Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31management of the property, 17 Grosvenor Square, London.62024-01-01false6truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00665102 2024-01-01 2024-12-31 00665102 2023-01-01 2023-12-31 00665102 2024-12-31 00665102 2023-12-31 00665102 c:Director9 2024-01-01 2024-12-31 00665102 d:CurrentFinancialInstruments 2024-12-31 00665102 d:CurrentFinancialInstruments 2023-12-31 00665102 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 00665102 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 00665102 d:ShareCapital 2024-12-31 00665102 d:ShareCapital 2023-12-31 00665102 d:RetainedEarningsAccumulatedLosses 2024-12-31 00665102 d:RetainedEarningsAccumulatedLosses 2023-12-31 00665102 c:OrdinaryShareClass1 2024-01-01 2024-12-31 00665102 c:OrdinaryShareClass1 2024-12-31 00665102 c:OrdinaryShareClass1 2023-12-31 00665102 c:FRS102 2024-01-01 2024-12-31 00665102 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00665102 c:FullAccounts 2024-01-01 2024-12-31 00665102 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00665102 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 00665102














SEVENTEEN GROSVENOR SQUARE LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
 
SEVENTEEN GROSVENOR SQUARE LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 3

 
SEVENTEEN GROSVENOR SQUARE LIMITED
REGISTERED NUMBER:00665102

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
8,763
4,157

Creditors: amounts falling due within one year
 5 
(8,763)
(4,157)

  

Net assets
  
-
-


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
(100)
(100)

  
-
-


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




N Saujani
Director

Date: 18 September 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
SEVENTEEN GROSVENOR SQUARE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Seventeen Grosvenor Square Limited is a limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.

The principal activity of the company continued to be that of the management of the property, 17 Grosvenor Square, London.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised by the company in respect of  rents receivable for the year.

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.4

Creditors

Short term creditors are measured at the transaction price.


3.


Employees




The average monthly number of employees, including directors, during the year was 6 (2023 - 6).


4.


Debtors

2024
2023
£
£


Amounts owed by associated undertakings
8,493
3,887

Prepayments
270
270

8,763
4,157


Page 2
 
SEVENTEEN GROSVENOR SQUARE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Accruals and deferred income
8,763
4,157



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1 each
100
100



7.


Related party transactions

The company contributed its net income of £26,997 (2023 - £28,136) to the Service Charge account, which is held on trust for the tenants.
Included in turnover is £20,595 (2023 - £19,470) relating to rents receivable from the directors on the same basis as the other tenants.
At the year end the company is owed £8,493 (2023 - £3,887) from the lessees relating to the service charge account.

 
Page 3