REGISTERED NUMBER: 01321936 (England and Wales)

G R DARBY INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G R Darby

Mrs S A Darby

REGISTERED OFFICE:

Wynn House

60 High Street

Coleshill

Birmingham

West Midlands

B46 1AZ

REGISTERED NUMBER:

01321936 (England and Wales)

ACCOUNTANTS:

Weatherer Bailey Bragg

Chartered Accountants

100 Boldmere Road

Sutton Coldfield

West Midlands

B73 5UB

FIXED ASSETS

Tangible assets

4

2,648

3,530

Investment property

5

540,000

540,000

542,648

543,530

CURRENT ASSETS

Debtors

6

33,346

30,552

Cash at bank and in hand

2,061

2,953

35,407

33,505

CREDITORS

Amounts falling due within one year

7

(21,676

)

(21,224

)

NET CURRENT ASSETS

13,731

12,281

TOTAL ASSETS LESS CURRENT LIABILITIES

556,379

555,811

PROVISIONS FOR LIABILITIES

(30,857

)

(31,024

)

NET ASSETS

525,522

524,787

CAPITAL AND RESERVES

Called up share capital

8

100

100

Non distributable reserves

321,646

321,646

Retained earnings

203,776

203,041

SHAREHOLDERS' FUNDS

525,522

524,787

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 30 September 2025 and were signed on its behalf by:

G R Darby - Director

1.	STATUTORY INFORMATION

G R Darby Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

Turnover represents rental income and service charges and is recognised in the income statement for the period in which it relates.

Tangible fixed assets

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

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on reducing balance

Investment property

Investment properties are measured at fair value at each reporting date by the directors, with changes in fair value recognised in the income statement.

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 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

6,788

26,448

33,236

DEPRECIATION

At 1 January 2024

6,788

22,918

29,706

Charge for year

-

882

882

At 31 December 2024

6,788

23,800

30,588

NET BOOK VALUE

At 31 December 2024

-

2,648

2,648

At 31 December 2023

-

3,530

3,530

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

540,000

NET BOOK VALUE

At 31 December 2024

540,000

At 31 December 2023

540,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2007

475,000

Valuation in 2008

(67,000

)

Valuation in 2010

82,250

Valuation in 2011

(23,250

)

Valuation in 2012

(80,000

)

Valuation in 2016

(70,000

)

Valuation in 2019

35,000

Cost

188,000

540,000

If investment property had not been revalued it would have been included at the following historical cost:

31/12/24

31/12/23

£

£

Cost

188,000

188,000

Investment properties are stated at an open market value as valued by the director.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade debtors

26,708

24,138

Prepayments

6,638

6,414

33,346

30,552

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade creditors

1,616

2,806

Corporation tax payable

5,254

5,137

VAT

2,249

1,892

Directors' loan accounts

1,629

531

Accrued expenses

10,928

10,858

21,676

21,224

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/24

31/12/23

value:

£

£

100

Ordinary

£1

100

100

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31/12/24

31/12/23

£

£

G R Darby and Mrs S A Darby

Balance outstanding at start of year

(531

)

(12,223

)

Amounts advanced

24,576

36,220

Amounts repaid

(25,674

)

(24,528

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,629

)

(531

)

No interest is charged on directors loan accounts. Amounts are repayable on demand.