Company No: 03039603 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

		2025		2024
		£		£
Fixed assets		3,942		4,637
Current assets		19,748,828		19,676,652
Prepayments and accrued income		768		2,633
Creditors: amounts falling due within one year		( 2,265,429)		( 2,223,643)
Net current assets		17,484,167		17,455,642
Total assets less current liabilities		17,488,109		17,460,279
Accruals and deferred income		( 5,076)		( 4,740)
Net assets		17,483,033		17,455,539
Capital and reserves		17,483,033		17,455,539

For the financial year ending 31 January 2025 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 financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements;
• These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime;
• These financial statements have been delivered in accordance with the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Gradeview Properties Limited (registered number: 03039603) were approved and authorised for issue by the director and were signed on its behalf by:

Dr O Bayoumi BSC PHD ACA Director

01 October 2025

1. Company information

The Company is a private company limited by shares and is incorporated in the United Kingdom and registered in England and Wales (Company no. 03039603). The address of its registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the financial year, including the director	1		1

3. Guarantees and other financial commitments

Contingent assets

On a sale of 9A Ladbroke Terrace; a change in control of 22 Ladbroke Square Ltd; or a winding up of 22 Ladbroke Square Ltd (or an event which in its view is likely to lead to a winding up of the 22 Ladbroke Square Ltd), then Gradeview Properties Limited may at its discretion make an exit charge equivalent to 5% of the average balance owed to it by the 22 Ladbroke Square Ltd at each relevant year end of the Company or other relevant date (pro rated as appropriate). If the triggering event had taken place at 31/01/2025 this could have resulted in a charge of approximately £6,622,883.
As part of arrangements relating to Gradeview's continuing financing of certain of 22 Ladbroke Square Ltd's ongoing expenses, Gradeview has undertaken not to claim amounts in respect of the exit fee noted above which are in excess of the amount which would have applied if the property had been sold at this year end.