REGISTERED NUMBER: 13419379 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

GARV LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Verspreeuwen

Ms V M Delattre

Miss A P F De Brauwer

P G P M De Lhoneux

REGISTERED OFFICE:

54 Lambert Road

London

SW2 5BH

REGISTERED NUMBER:

13419379 (England and Wales)

ACCOUNTANTS:

Jamieson Stone LLP

Windsor House

40/41 Great Castle Street

London

W1W 8LU

FIXED ASSETS

Tangible assets

4

21,347

28,463

Investment property

5

1,627,445

1,627,445

1,648,792

1,655,908

CURRENT ASSETS

Debtors

6

100

100

Cash at bank

34,470

14,607

34,570

14,707

CREDITORS

Amounts falling due within one year

7

(234,200

)

(168,700

)

NET CURRENT LIABILITIES

(199,630

)

(153,993

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,449,162

1,501,915

CREDITORS

Amounts falling due after more than one year

8

(1,747,000

)

(1,767,000

)

NET LIABILITIES

(297,838

)

(265,085

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(297,938

)

(265,185

)

(297,838

)

(265,085

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 21 August 2025 and were signed on its behalf by:

Miss A P F De Brauwer - Director

1.	STATUTORY INFORMATION

GARV 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 the total amount receivable by the company excluding value added tax, in the ordinary course of its business for goods supplied and services provided.

Tangible fixed assets

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

Improvements to premises

-

20% 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

and 31 May 2025

50,600

DEPRECIATION

At 1 June 2024

22,137

Charge for year

7,116

At 31 May 2025

29,253

NET BOOK VALUE

At 31 May 2025

21,347

At 31 May 2024

28,463

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

and 31 May 2025

1,627,445

NET BOOK VALUE

At 31 May 2025

1,627,445

At 31 May 2024

1,627,445

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Called up share capital not paid

100

100

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Social security and other taxes

5,977

2,656

Accrued expenses

228,223

166,044

234,200

168,700

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans due after 5 years

1,065,000

1,085,000

Amounts due to associated

undertakings

176,000

176,000

Director's loan accounts

506,000

506,000

1,747,000

1,767,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans due after 5 years

1,065,000

1,085,000