GRM Holdings Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10375014

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		980,290		980,290

			980,290		980,290
CURRENT ASSETS
Stocks	5	23,350		23,350
Cash at bank and in hand		10,455		10,503

		33,805		33,853
Creditors: Amounts Falling Due Within One Year	6	-		(1,109 )

NET CURRENT ASSETS (LIABILITIES)			33,805		32,744

TOTAL ASSETS LESS CURRENT LIABILITIES			1,014,095		1,013,034

Creditors: Amounts Falling Due After More Than One Year	7		(1,037,607 )		(1,036,028 )

NET LIABILITIES			(23,512 )		(22,994 )

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			(23,514 )		(22,996 )

SHAREHOLDERS' FUNDS			(23,512)		(22,994)

Page 1

Page 2

GRM Holdings Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 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 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

T R Moody Director	I E Wallace Director
29th September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

GRM Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10375014 . The registered office is Unit 8 Chatmohr Estate Crawley Hill, West Wellow, Romsey, SO51 6AP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	NIL
Fixtures & Fittings	20% reducing balance

The gain or loss arising on the disposl of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Tangible Assets

	Land & Property
	Freehold	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2024	980,290	280	980,570

As at 31 December 2024	980,290	280	980,570

Depreciation
As at 1 January 2024	-	280	280

As at 31 December 2024	-	280	280

Net Book Value
As at 31 December 2024	980,290	-	980,290

As at 1 January 2024	980,290	-	980,290

5. Stocks

	2024	2023
	£	£
Work in progress	23,350	23,350

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads htahat have been incurred in bringing the stocks to their present loacation and condition.

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Page 4

GRM Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other creditors	-	1,109

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other creditors	1,037,607	1,036,028

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2