GRANGE PRODUCTS PROPERTIES LIMITED


Directors	DAVIS, Dorothee Elisabeth Auguste
	DAVIS, Nicholas John Francis
	GORTON, Paul Roy
	NEWTON, Celia Constance


Company Secretary	DAVIS, Dorothee Elisabeth Auguste


Registered Address	Units 1-3 Crown Industrial Estate Kenwood Road
	Reddish
	Stockport
	SK5 6PH


Registered Number	04568693 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,524		49
Investment property	4		2,338,668		1,545,000
			2,340,192		1,545,049
Current assets
Debtors		18,701		7,983
Cash at bank and on hand		27,307		784
		46,008		8,767
Creditors amounts falling due within one year	5	(477,089)		(415,411)
Net current assets (liabilities)			(431,081)		(406,644)
Total assets less current liabilities			1,909,111		1,138,405
Creditors amounts falling due after one year	6		(866,827)		(162,857)
Provisions for liabilities	7		(182,109)		(185,218)
Net assets			860,175		790,330
Capital and reserves
Called up share capital			100		100
Profit and loss account			860,075		790,230
Shareholders' funds			860,175		790,330

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 22 October 2025, and are signed on its behalf by:

DAVIS, Nicholas John Francis
Director
Registered Company No. 04568693

GRANGE PRODUCTS PROPERTIES LIMITED

Notes to the Financial Statements
for the year ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

	Deferred tax
	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. Unrelieved tax losses and other deferred tax assets are recognised only 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 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.

Deferred tax

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. Unrelieved tax losses and other deferred tax assets are recognised only 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 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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	33

	Investment property
	Investment properties are included in the balance sheet at their Fair value at the balance sheet date. Any change in the fair value is recognised in the profit and loss account during the period.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 October 24	300	300
Additions	1,625	1,625
At 30 September 25	1,925	1,925
Depreciation and impairment
At 01 October 24	251	251
Charge for year	150	150
At 30 September 25	401	401
Net book value
At 30 September 25	1,524	1,524
At 30 September 24	49	49


	Fixed assets are included at Net Book Value.

4.	Investment property
	The company holds three investment properties for rentals. The valuations of the buildings are deemed to be Fair Value. One building had an original cost value of £252,991.50 and has been revalued to £650,000. The second building had an original cost value of £551,183.38 and has been revalued to £895,000. The company has charges registered to it which are detailed at Companies House.


		£
	Fair value at 01 October 24	1,545,000
	Additions	793,668
	At 30 September 25	2,338,668

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	5,215	10,328
Bank borrowings and overdrafts	54,973	29,118
Amounts owed to related parties	387,957	371,065
Taxation and social security	22,589	4,100
Accrued liabilities and deferred income	6,355	800
Total	477,089	415,411


	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.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	454,027	162,857
Amounts owed to related parties	377,400	-
Other creditors	35,400	-
Total	866,827	162,857

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	182,109	185,218
Total	182,109	185,218

8.	Capital commitments
	The company had outstanding loan commitments, other than amounts owed to directors, totalling £1,024,961 at the year end.

9.	Related party transactions
	Grange Products Limited is a related party by virtue that it is held under the same directorship as Grange Products Limited. The companies are in common control of the majority shareholders within each. During the year, transactions were carried out between the two companies whereby Grange Products Limited paid rent for the period totalling £84,000 to Grange Products Properties Limited. Payments were made by Grange Products LTD on behalf of Grange Products Properties during the year. An amount of £138,560.86 was owed to Grange Products Limited from Grange Products Properties Limited and is included within current liabilities. An additional loan was made in the period with a balance at the year end of £377,400 which is included within the capital commitments. No interest is being charged on these items. The loan is included as non-current liability with repayments due to begin after 10 years of the loan drawdown. Amounts owed to directors at the year end totalled £249,396.No interest is being charged on these loans and no formal loan agreement is in place.

Related party transactions

Grange Products Limited is a related party by virtue that it is held under the same directorship as Grange Products Limited. The companies are in common control of the majority shareholders within each.

During the year, transactions were carried out between the two companies whereby Grange Products Limited paid rent for the period totalling £84,000 to Grange Products Properties Limited. Payments were made by Grange Products LTD on behalf of Grange Products Properties during the year.

An amount of £138,560.86 was owed to Grange Products Limited from Grange Products Properties Limited and is included within current liabilities.

An additional loan was made in the period with a balance at the year end of £377,400 which is included within the capital commitments. No interest is being charged on these items. The loan is included as non-current liability with repayments due to begin after 10 years of the loan drawdown.

Amounts owed to directors at the year end totalled £249,396.No interest is being charged on these loans and no formal loan agreement is in place.