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Registered number: 13791582

Grey Lion Property Ltd

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024

Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Grey Lion Property Ltd

ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
DIRECTORS
G S Llewellyn
REGISTERED OFFICE
17 Elton Close
Kingston Upon Thames
Surrey
KT1 4EE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13791582
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Grey Lion Property Ltd

ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Grey Lion Property Ltd

BALANCE SHEET AT 31 December 2024
20242023
Notes££
FIXED ASSETS
Tangible assets3515687
CURRENT ASSETS
Debtors49,436566
Cash at bank and in hand-30,456
9,43631,022
CREDITORS: Amounts falling due within one year59,43513,259
NET CURRENT ASSETS117,763
TOTAL ASSETS LESS CURRENT LIABILITIES51618,450
CAPITAL AND RESERVES
Called up share capital611
Profit and loss account51518,449
SHAREHOLDERS' FUNDS51618,450
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 30 September 2025 and signed on their behalf by
.............................
G S Llewellyn
Director

Grey Lion Property Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
1c. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1d. Turnover
Turnover represents commission earned on estate agency services provided and is recognised on completion of third-party property sales.
1e. Statutory Information
Grey Lion Property Ltd is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 13791582 and registered office address is 17 Elton Close, Kingston Upon Thames, Surrey, United Kingdom, KT1 4EE.
1f. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.

Grey Lion Property Ltd

2. EMPLOYEES
20242023
No.No.
Average number of employees-1
3. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 1 January 2024716716
At 31 December 2024716716
Depreciation
At 1 January 20242929
For the year172172
At 31 December 2024201201
Net Book Amounts
At 31 December 2024515515
At 31 December 2023687687
4. DEBTORS 20242023
££
Amounts falling due within one year
Other debtors3,0381
Directors current account6,398565
9,436566
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Taxation and social security 8,11112,599
Bank loans and overdrafts4-
Accruals1,320660
9,43513,259

Grey Lion Property Ltd

6. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1.00 each11
11
7. RELATED PARTY TRANSACTIONS
At the balance sheet date, a director of the company, had advances of loans of £6,398 (Last Year £565). The maximum amount advanced in the year was £6,398. Interest was charged on the loan at 2.25% p.a..