2024-04-01 2025-03-31 11726273 Grosvenor Villas Ltd false 11726273 2024-04-01 2025-03-31 11726273 uk-bus:Director1 2024-04-01 2025-03-31 11726273 uk-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11726273 uk-bus:SmallEntities 2024-04-01 2025-03-31 11726273 uk-bus:FullAccounts 2024-04-01 2025-03-31 11726273 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11726273 2024-04-01 11726273 2025-03-31 11726273 2024-03-31 xbrli:pure iso4217:GBP 11726273 2023-04-01 2024-03-31

Company Registration Number : 11726273 (England and Wales)
11726273
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2025-03-31
false
Grosvenor Villas Ltd
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2024-04-01
Grosvenor Villas Ltd Unaudited filleted financial statements For the year ended 31 March 2025

Grosvenor Villas Ltd Contents For the year ended 31 March 2025

CONTENTS | PAGE
Company Information | 3
Statement of Financial Position | 4
Notes to the Financial Statements | 5 - 6

Grosvenor Villas Ltd Company Information For the year ended 31 March 2025

Company registration number |  | 11726273 (England and Wales)
Directors |  | Lauren Cohen
|  | Mark Cohen
Registered office address |  | Plot 0 James Nasmyth Way
|  | Eccles
|  | Manchester
|  | Lancs
|  | M30 0SF
Accountant |  | Astonia Associates Limited
|  | Chartered Management Accountants
|  | Dns House, 382 Kenton Road
|  | Harrow, Middlesex
|  | HA3 8DP

Grosvenor Villas Ltd Statement of Financial Position For the year ended 31 March 2025

|  |  | 2025 |  | 2024
| Notes |  | £ |  | £
Fixed assets |  |  |  |  |
Property, plant and equipment |  |  | 322 |  | -
Investment Property |  |  | 1,225,000 |  | 1,131,718
| 6 |  | 1,225,322 |  | 1,131,718
Current assets |  |  |  |  |
Debtors |  |  | 182,999 |  | 82,900
Cash and cash equivalents |  |  | 75,469 |  | 6,695
|  |  | 258,468 |  | 89,595
Current liabilities |  |  |  |  |
Creditors: Amounts falling due within one year |  |  | (218,060) |  | (993,176)
Corporation tax payable |  |  | (129) |  | (129)
|  |  | (218,189) |  | (993,305)
Net current assets/(liabilities) |  |  | 40,278 |  | (903,711)
Total assets less current liabilities |  |  | 1,265,600 |  | 228,007
Non-current liabilities |  |  |  |  |
Creditors: Amounts falling due after more than one year |  |  | (883,688) |  | (6,803)
Provisions for liabilities |  |  | (84,471) |  | (61,070)
Net assets/(liabilities) |  |  | 297,440 |  | 160,134
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 1
Revaluation reserve |  |  | (183,210) |  | 183,210
Other reserve |  |  | 183,210 |  | (183,210)
Retained earnings |  |  | 297,340 |  | 160,133
Shareholder's funds |  |  | 297,440 |  | 160,134
For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 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" Section 1A. The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
For the year ended 31 March 2025 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 18 July 2025
.............................
Mark Cohen (Director)
Company registration number: 11726273

/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */

Balance sheet at 2025-03-31 31 March 2025
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Fixed Assets |  |  |  | 1,225,322 |  | 1,131,718
Current Assets |  |  |  | 258,468 |  | 89,595
Cash in Hand/Bank |  |  |  | 75,469 |  | 6,695
Creditors: amounts falling due within one year |  |  |  | (218,189) |  | (993,305)
Net current assets/(liabilities) |  |  |  | 40,278 |  | (903,711)
Total assets less current liabilities |  |  |  | 1,265,600 |  | 228,007
CREDITORS: Amounts falling due more than one year |  |  |  | (883,688) |  | (6,803)
Provisions for liabilities |  |  |  | (84,471) |  | (61,070)
Net Assets/(liabilities) |  |  |  | 297,440 |  | 160,134
Capital and Reserves |  |  |  | 297,440 |  | 160,134
Called up share capital |  |  |  | 100 |  | 1
Profit and loss account |  |  |  | 297,340 |  | 160,133
SHAREHOLDER'S FUND |  |  |  | 297,440 |  | 160,134
For the year ending 31/03/2025 the company was entitled to exemption 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. For the year ending 31-03-2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year 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 accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 18 July 2025 2025-07-18 and signed on behalf of the board, |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Mark Cohen |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |
Company registration number: 11726273 |  |  |  |  |  |  |  |  |  |

Grosvenor Villas Ltd Notes to the Financial Statements For the year ended 31 March 2025

(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 Plot 0 James Nasmyth Way, Eccles, Manchester, Lancs, M30 0SF.
(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.
(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:
Asset class and depreciation rate
Land and Buildings |
Plant and Machinery |
Short Leasehold Properties |
Investment Properties |
Long Leasehold Properties |
Commercial Vehicles |
Fixtures and Fittings |
Equipment |
Motor Cars |
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred Tax
A deferred tax asset or liability is recognised for tax recoverable or payable in future periods in respect of transactions and events recognised in the financial statements of current and previous periods. Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. Timing differences result from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is recognised on all timing differences at the reporting date apart from certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax liabilities and assets 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.
Investments Property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
(4) Employees
During the year, the average number of employees including director was 0 (2024 : 0).
(5) Related party disclosures
Included in other debtors are loans due from companies under common control, amounting to: £ 182,900 (2024 : £82,900).
(6) Fixed assets
| Tangible £ | Investments Property £ | Totals £
Cost |  |  |
As at 01 April 2024 | - | 1,131,718 | 1,131,718
Additions | 405 | - | 405
Revaluation | - | 93,282 | 93,282
As at 31 March 2025 | 405 | 1,225,000 | 1,225,405
Depreciation/Amortisation |  |  |
For the year | 84 | - | 84
As at 31 March 2025 | 84 | - | 84
Net book value |  |  |
As at 31 March 2025 | 321 | 1,225,000 | 1,225,321
As at 31 March 2024 | - | 1,131,718 | 1,131,718