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Company registration number:
13772269
Grs Investment Group Ltd
Unaudited Financial Statements for the year ended
30 November 2024
KAYAJ&CO LTD
34 Padbury WayLancashire, Bolton, Greater Manchester, BL2 5DQ, United Kingdom
Grs Investment Group Ltd
Officers and Professional Advisers
Year ended
30 November 2024
Director
Mr D Ola-Adeoti
Registered office
9 Leamore Walk
Manchester
M9 6DA
England
Accountant
KAYAJ&CO LTD
34 Padbury WayLancashire
Bolton
Greater Manchester
BL2 5DQ
United Kingdom
Grs Investment Group Ltd
Director's Report
Year ended
30 November 2024
The director presents the report and the unaudited
financial statements
of the company for the year ended 30 November 2024.

Directors

The director who served the company during the year was as follows:
Mr D Ola-Adeoti

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
23 September 2025
and signed on behalf of the board by:
Mr D Ola-Adeoti
Director
Grs Investment Group Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Grs Investment Group Ltd
Year ended
30 November 2024
As described on the statement of financial position, the Board of Directors of
Grs Investment Group Ltd
are responsible for the preparation of the
financial statements
for the year ended
30 November 2024
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
KAYAJ&CO LTD
34 Padbury WayLancashire
Bolton
Greater Manchester
BL2 5DQ
United Kingdom
Date:
22 September 2025
Grs Investment Group Ltd
Income Statement
Year ended
30 November 2024
20242023
££
Turnover
40,618
 
37,523
 
Gross profit
40,618
 
37,523
 
Administrative expenses
(9,125
 )
(23,530
 )
Operating profit
31,493
 
13,993
 
Interest payable and similar expenses
(5,756
 )
(3,028
 )
Profit before tax
25,737
 
10,965
 
Tax on profit -   -  
Profit for the financial year
25,737
 
10,965
 
The company has no other recognised items of income or expense other than the results for the year as set out above.
Grs Investment Group Ltd
Statement of Income and Retained Earnings
Year ended
30 November 2024
20242023
££
Retained earnings at the start of the year
(5,962
 )
(8,927
 )
Profit for the financial year
25,737
 
10,965
 
Dividends declared and paid or payable during the year
(7,250
 )
(8,000
 )
Retained earnings at the end of the year
12,525
 
(5,962
 )
Grs Investment Group Ltd
Statement of Financial Position
30 November 2024
20242023
Note££
Fixed assets    
Tangible assets 5
1,484
  -  
Investments 6
135,000
 
255,000
 
136,484
 
255,000
 
Current assets    
Cash at bank and in hand
112,124
 
77,695
 
Creditors: amounts falling due within one year 7
(893
 )
(900
 )
Net current assets
111,231
 
76,795
 
Total assets less current liabilities 247,715   331,795  
Creditors: amounts falling due after more than one year 8
(235,189
 )
(337,756
 )
Net assets/(liabilities)
12,526
 
(5,961
 )
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
12,525
 
(5,962
 )
Shareholders funds/(deficit)
12,526
 
(5,961
 )
For the year ending
30 November 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
22 September 2025
, and are signed on behalf of the board by:
Mr D Ola-Adeoti
Director
Company registration number:
13772269
Grs Investment Group Ltd
Notes to the Financial Statements
Year ended
30 November 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
9 Leamore Walk
,
Manchester
,
M9 6DA
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
33% straight line

Investment properties

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

4 Average number of employees

The average number of persons employed by the company during the year was nil (2023:
1
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 December 2023
 -  
Additions
2,215
 
At
30 November 2024
2,215
 
Depreciation  
At
1 December 2023
 -  
Charge
731
 
At
30 November 2024
731
 
Carrying amount  
At
30 November 2024
1,484
 
At 30 November 2023 -  

Investment property

Included in land and buildings are the following amounts in relation to investment properties:
2024
£
Carrying amount at
1 December 2023
255,000
 
Disposals (120,000 )
Carrying amount at
30 November 2024
135,000
 

6 Investments

Other investments other than loans
£
Cost  
At
1 December 2023
255,000
 
Disposals
(120,000
 )
At
30 November 2024
135,000
 
Impairment  
At
1 December 2023
and
30 November 2024
 -  
Carrying amount  
At
30 November 2024
135,000
 
At 30 November 2023
255,000
 

7 Creditors: amounts falling due within one year

20242023
££
Other creditors
893
 
900
 

8 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts
101,275
 
239,575
 
Other creditors
133,914
 
98,181
 
235,189
 
337,756