| Grant Berry Properties Ltd. |
| Registered number: |
04274984 |
| Balance Sheet |
| as at 31 August 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
1,621,599 |
|
|
1,634,042 |
|
| Current assets |
| Debtors |
4 |
|
5,034 |
|
|
4,985 |
| Cash at bank and in hand |
|
|
45,395 |
|
|
15,992 |
|
|
|
50,429 |
|
|
20,977 |
|
| Creditors: amounts falling due within one year |
5 |
|
(311,021) |
|
|
(248,879) |
|
| Net current liabilities |
|
|
|
(260,592) |
|
|
(227,902) |
|
| Total assets less current liabilities |
|
|
|
1,361,007 |
|
|
1,406,140 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(65,614) |
|
|
(116,770) |
|
| Provisions for liabilities |
|
|
|
(207,913) |
|
|
(207,818) |
|
|
| Net assets |
|
|
|
1,087,480 |
|
|
1,081,552 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
1,087,479 |
|
|
1,081,551 |
|
| Shareholder's funds |
|
|
|
1,087,480 |
|
|
1,081,552 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| G R Berry |
| Director |
| Approved by the board on 29 October 2025 |
|
| Grant Berry Properties Ltd. |
| Notes to the Accounts |
| for the year ended 31 August 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
not provided |
|
Leasehold land and buildings |
not provided |
|
Plant and machinery |
15% on reducing balance |
|
Fixtures, fittings, tools and equipment |
25% on cost |
|
|
Investment properties are stated at fair value in Section 16 and depreciation has not been provided. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used.
Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Leased assets |
|
Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
Freehold property |
|
Fixtures and fittings |
|
Computer equipment |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 September 2024 |
1,551,086 |
|
144,653 |
|
3,158 |
|
1,698,897 |
|
At 31 August 2025 |
1,551,086 |
|
144,653 |
|
3,158 |
|
1,698,897 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2024 |
- |
|
61,697 |
|
3,158 |
|
64,855 |
|
Charge for the year |
- |
|
12,443 |
|
- |
|
12,443 |
|
At 31 August 2025 |
- |
|
74,140 |
|
3,158 |
|
77,298 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2025 |
1,551,086 |
|
70,513 |
|
- |
|
1,621,599 |
|
At 31 August 2024 |
1,551,086 |
|
82,956 |
|
- |
|
1,634,042 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2025 |
|
2024 |
| £ |
£ |
|
Historical cost |
443,224 |
|
443,224 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
443,224 |
|
443,224 |
|
|
|
|
|
|
|
|
|
|
Freehold investment properties were valued on an open market basis on 21 December 2006 by independent Chartered Surveyors.
The chartered surveyors used were: PPH Commercial.
As at 31 August 2025 the director does not consider the valuation to be materially different. |
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
624 |
|
587 |
|
Other debtors |
4,410 |
|
4,398 |
|
|
|
|
|
|
5,034 |
|
4,985 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
50,550 |
|
50,550 |
|
Trade creditors |
17,994 |
|
1,019 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
144,000 |
|
144,000 |
|
Taxation and social security costs |
2,738 |
|
6,559 |
|
Other creditors |
95,739 |
|
46,751 |
|
|
|
|
|
|
311,021 |
|
248,879 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
65,614 |
|
116,770 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Controlling party |
|
|
The ultimate controlling party is G R Berry, holding 100% of the issued share capital. |
|
|
| 8 |
Other information |
|
|
Grant Berry Properties Ltd. is a private company limited by shares and incorporated in England. Its registered office is: |
|
Homeworld |
|
229-231 Cleethorpe Road |
|
Grimsby |
|
Lincolnshire |
|
DN31 3BE |