ACCOUNTS - Final Accounts

Company registration number: 12562267

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	GRAVIDEN PROPERTY LIMITED


GRAVIDEN PROPERTY LIMITED

COMPANY INFORMATION

Directors	A M Bridges
	E R P H Hickman
	H P Hickman
	P Hickman
	T P Hickman
	W P A T Hickman
	C F O'Neill


Registered number	12562267


Registered office	2nd Floor
	Midas House
	62 Goldsworth Road
	Woking
	United Kingdom
	GU21 6LQ


Accountants	Menzies LLP
	Chartered Accountants
	2nd Floor, Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


GRAVIDEN PROPERTY LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 5


GRAVIDEN PROPERTY LIMITED REGISTERED NUMBER:12562267

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		4,656,717		4,656,717
			4,656,717		4,656,717
Current assets
Debtors: amounts falling due within one year	5	1,122,476		712,958
Cash at bank and in hand		3,656,000		4,135,703
		4,778,476		4,848,661
Creditors: amounts falling due within one year	6	(3,293,534)		(3,493,995)
Net current assets			1,484,942		1,354,666
Total assets less current liabilities			6,141,659		6,011,383

Net assets			6,141,659		6,011,383

Capital and reserves
Called up share capital	200	200
Merger reserve	5,723,870	5,723,870
Profit and loss account	417,589	287,313
	6,141,659	6,011,383

Page 1


GRAVIDEN PROPERTY LIMITED REGISTERED NUMBER:12562267

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

T P Hickman

Director

Date: 3 December 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2


GRAVIDEN PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Graviden Property Limited is a private company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the registered office is disclosed on the company information page. The company's principal place of business is Unit 14, Princeton Mews, 167 London Road, Kingston upon Thames, Surrey, KT2 6PT.
The Company's functional and presentational currency is GBP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 3


GRAVIDEN PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Employees

The average monthly number of employees, including directors, during the year was 7 (2024 - 7).

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 April 2024	4,656,717
	At 31 March 2025	4,656,717

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	1,096,240	709,943
Other debtors	26,236	3,015
	1,122,476	712,958

Page 4


GRAVIDEN PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank overdrafts	-	1,953
Amounts owed to group undertakings	426	426
Corporation tax	-	74,170
Other taxation and social security	65	-
Other creditors	3,277,581	3,401,984
Accruals and deferred income	15,462	15,462
	3,293,534	3,493,995

Page 5