REGISTERED NUMBER: 12374558 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

G&R Holiday Lets Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G C Hogg

Ms R Khosla

REGISTERED OFFICE:

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

REGISTERED NUMBER:

12374558 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Tangible assets

4

600,000

748,628

CURRENT ASSETS

Stocks

-

27,500

Debtors

5

-

22,402

Cash at bank

5,672

41,096

5,672

90,998

CREDITORS

Amounts falling due within one year

6

118,072

114,170

NET CURRENT LIABILITIES

(112,400

)

(23,172

)

TOTAL ASSETS LESS CURRENT LIABILITIES

487,600

725,456

CREDITORS

Amounts falling due after more than one year

7

543,911

544,975

NET (LIABILITIES)/ASSETS

(56,311

)

180,481

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(56,411

)

180,381

SHAREHOLDERS' FUNDS

(56,311

)

180,481

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 C Hogg - Director

1.	STATUTORY INFORMATION

G&R Holiday Lets 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 etc

-

20% on reducing balance, 4% on cost and at varying rates on reducing balance

Stocks

Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of over-heads according to the stage of manufacture or completion.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

583,544

287,381

870,925

DEPRECIATION

At 1 January 2024

-

122,297

122,297

Charge for year

-

148,628

148,628

At 31 December 2024

-

270,925

270,925

NET BOOK VALUE

At 31 December 2024

583,544

16,456

600,000

At 31 December 2023

583,544

165,084

748,628

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

-

22,402

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed to group undertakings

114,255

110,894

Other creditors

3,817

3,276

118,072

114,170

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

543,911

544,975