REGISTERED NUMBER: 06983324 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

G & R Industrial Estate Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C P Reade

SECRETARY:

REGISTERED OFFICE:

Tricketts Lane

Willaston

Nantwich

Cheshire

CW5 6PY

REGISTERED NUMBER:

06983324 (England and Wales)

ACCOUNTANTS:

John Greenall & Co Limited

20 Crewe Road

Sandbach

Cheshire

CW11 4NE

FIXED ASSETS

Tangible assets

4

67,860

75,400

Investment property

5

719,965

697,727

787,825

773,127

CURRENT ASSETS

Debtors

6

21,566

17,968

Cash at bank

14,416

12,122

35,982

30,090

CREDITORS

Amounts falling due within one year

7

117,886

95,903

NET CURRENT LIABILITIES

(81,904

)

(65,813

)

TOTAL ASSETS LESS CURRENT LIABILITIES

705,921

707,314

PROVISIONS FOR LIABILITIES

6,885

7,032

NET ASSETS

699,036

700,282

CAPITAL AND RESERVES

Called up share capital

645,001

645,001

Retained earnings

54,035

55,281

699,036

700,282

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 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 22 September 2025 and were signed by:

C P Reade - Director

1.	STATUTORY INFORMATION

G & R Industrial Estate 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.

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.

Tangible fixed assets

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

Plant and machinery

-

10% on reducing balance

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.

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 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2024

and 31 December 2024

152,790

DEPRECIATION

At 1 January 2024

77,390

Charge for year

7,540

At 31 December 2024

84,930

NET BOOK VALUE

At 31 December 2024

67,860

At 31 December 2023

75,400

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

697,727

Additions

22,238

At 31 December 2024

719,965

NET BOOK VALUE

At 31 December 2024

719,965

At 31 December 2023

697,727

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

8,300

11,700

Amounts owed by group undertakings

13,266

5,563

Other debtors

-

705

21,566

17,968

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

1,068

405

Amounts owed to group undertakings

114,644

94,194

Taxation and social security

910

80

Other creditors

1,264

1,224

117,886

95,903