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Company registration number: 12732311
George Street Properties Limited
Unaudited filleted financial statements
31 March 2025
George Street Properties Limited
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
George Street Properties Limited
Directors and other information

| Directors | Mr. R Suterwalla
|  | Mr. T Suterwalla
| Secretary | Mr. A Loader
| Company number | 12732311
| Registered office | Kings Barn
|  | 34 Thame Road
|  | Warborough
|  | Oxfordshire
|  | OX10 7DA

George Street Properties Limited
Statement of financial position
31 March 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Current assets |  |  |  |  |  |  |  |  |
Debtors |  | 4 | 14,483 |  |  |  | 16,923 |  |
Investments |  | 5 | 1,505,000 |  |  |  | 1,505,000 |  |
Cash at bank and in hand |  |  | 2,935 |  |  |  | 3,295 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 1,522,418 |  |  |  | 1,525,218 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 6 | ( 76,663) |  |  |  | ( 48,385) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current assets |  |  |  |  | 1,445,755 |  |  |  | 1,476,833
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 1,445,755 |  |  |  | 1,476,833
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
after more than one year |  | 7 |  |  | ( 1,516,000) |  |  |  | ( 1,516,000)
|  |  |  |  | _______ |  |  |  | _______
Net liabilities |  |  |  |  | ( 70,245) |  |  |  | ( 39,167)
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 1,000 |  |  |  | 1,000
Profit and loss account |  |  |  |  | ( 71,245) |  |  |  | ( 40,167)
|  |  |  |  | _______ |  |  |  | _______
Shareholders deficit |  |  |  |  | ( 70,245) |  |  |  | ( 39,167)
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 07 October 2025 , and are signed on behalf of the board by:
Mr. R Suterwalla
Director
Company registration number: 12732311
George Street Properties Limited
Statement of changes in equity
Year ended 31 March 2025

|  | Called up share capital |  | Profit and loss account | Total |  |  |  |  |
|  | £ |  | £ | £ |  |  |  |  |
At 1 April 2023 |  | 1,000 |  | 13,318 | 14,318 |  |  |  |  |
Loss for the year |  |  |  | ( 53,485) | ( 53,485) |  |  |  |  |
|  | _______ |  | _______ | _______ |  |  |  |  |
Total comprehensive income for the year |  | - |  | ( 53,485) | ( 53,485) |  |  |  |  |
|  | _______ |  | _______ | _______ |  |  |  |  |
At 31 March 2024 and 1 April 2024 |  | 1,000 |  | ( 40,167) | ( 39,167) |  |  |  |  |
Loss for the year |  |  |  | ( 31,078) | ( 31,078) |  |  |  |  |
|  | _______ |  | _______ | _______ |  |  |  |  |
Total comprehensive income for the year |  | - |  | ( 31,078) | ( 31,078) |  |  |  |  |
|  | _______ |  | _______ | _______ |  |  |  |  |
At 31 March 2025 |  | 1,000 |  | ( 71,245) | ( 70,245) |  |  |  |  |
|  | _______ |  | _______ | _______ |  |  |  |  |

George Street Properties Limited
Notes to the financial statements
Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Kings Barn, 34 Thame Road, Warborough, Oxfordshire, OX10 7DA.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Debtors

|  |  | 2025 | 2024
|  |  | £ | £
| Other debtors |  | 14,483 | 16,923
|  |  | _______ | _______

5. Investments

|  |  | 2025 | 2024
|  |  | £ | £
| Other investments |  | 1,505,000 | 1,505,000
|  |  | _______ | _______

6. Creditors: amounts falling due within one year

|  |  | 2025 | 2024
|  |  | £ | £
| Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 76,303 | 48,025
| Other creditors |  | 360 | 360
|  |  | _______ | _______
|  |  | 76,663 | 48,385
|  |  | _______ | _______

7. Creditors: amounts falling due after more than one year

|  |  | 2025 | 2024
|  |  | £ | £
| Other creditors |  | 1,516,000 | 1,516,000
|  |  | _______ | _______

8. Related party transactions
The Company has received an interest-free loan from a Company controlled by one of the Directors. That loan is repayable upon demand but the Director has undertaken to give at least 366 days' notice of any repayment.
9. Going concern
Given the terms of the loan from a related party, the Directors have considered it appropriate to prepare the accounts on the basis of a "Going concern"