REGISTERED NUMBER: 07233949 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

GRM PROPERTY SERVICES LTD

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

39,259

40,219

CURRENT ASSETS

Stocks

42,289

109,106

Debtors

5

159,826

344,896

Cash at bank

818,305

416,263

1,020,420

870,265

CREDITORS

Amounts falling due within one year

6

138,168

185,332

NET CURRENT ASSETS

882,252

684,933

TOTAL ASSETS LESS CURRENT LIABILITIES

921,511

725,152

PROVISIONS FOR LIABILITIES

7

9,774

10,050

NET ASSETS

911,737

715,102

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

911,237

714,602

911,737

715,102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 28 August 2025 and were signed by:

Mr G R Morphew - Director

1.	STATUTORY INFORMATION

GRM Property Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07233949

Registered office:

3rd Floor

21 Perrymount Road

Hayward sHeath

RH16 3TP

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the provision of services with income being accrued at the year end.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

12,092

3,190

54,203

7,525

77,010

Additions

7,349

-

-

2,498

9,847

At 30 April 2025

19,441

3,190

54,203

10,023

86,857

DEPRECIATION

At 1 May 2024

8,965

2,228

20,974

4,624

36,791

Charge for year

1,275

241

8,307

984

10,807

At 30 April 2025

10,240

2,469

29,281

5,608

47,598

NET BOOK VALUE

At 30 April 2025

9,201

721

24,922

4,415

39,259

At 30 April 2024

3,127

962

33,229

2,901

40,219

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

114,510

309,307

Other debtors

45,316

35,589

159,826

344,896

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

32,346

66,204

Taxation and social security

99,403

110,678

Other creditors

6,419

8,450

138,168

185,332

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

9,774

10,050

Deferred

tax

£

Balance at 1 May 2024

10,050

Movement in the year

(276

)

Balance at 30 April 2025

9,774

8.	RELATED PARTY DISCLOSURES

Included within other debtors is an amount of £1,663 (2024: £1,663) as monies owed by Wealden Glass Ltd to GRM Property Services Ltd a company controlled by Mr G Morphew.