REGISTERED NUMBER: 10119315 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

GR PROPERTY WARWICKSHIRE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G J Bent

R J Kinnersley

REGISTERED OFFICE:

111 Berkeley Road South

Earlsdon

Coventrt

CV5 6EF

REGISTERED NUMBER:

10119315 (England and Wales)

ACCOUNTANTS:

Askews Chartered Certified Accountants

5 The Quadrant

Coventry

West Midlands

CV1 2EL

FIXED ASSETS

Tangible assets

4

1,900

2,850

Investment property

5

1,590,000

1,605,000

1,591,900

1,607,850

CURRENT ASSETS

Stocks

306,576

296,936

Debtors

6

5,529

22,723

Cash at bank

35,510

40,989

347,615

360,648

CREDITORS

Amounts falling due within one year

7

1,567,667

1,573,349

NET CURRENT LIABILITIES

(1,220,052

)

(1,212,701

)

TOTAL ASSETS LESS CURRENT LIABILITIES

371,848

395,149

PROVISIONS FOR LIABILITIES

47,795

55,832

NET ASSETS

324,053

339,317

CAPITAL AND RESERVES

Called up share capital

102

102

Other reserves

68,385

92,496

Retained earnings

255,566

246,719

324,053

339,317

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2025 and were signed on its behalf by:

G J Bent - Director

1.	STATUTORY INFORMATION

GR Property Warwickshire Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% Straight line and not provided

Investment 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

7,652

DEPRECIATION

At 1 April 2024

4,802

Charge for year

950

At 31 March 2025

5,752

NET BOOK VALUE

At 31 March 2025

1,900

At 31 March 2024

2,850

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

1,605,000

Additions

17,147

Revaluations

(32,147

)

At 31 March 2025

1,590,000

NET BOOK VALUE

At 31 March 2025

1,590,000

At 31 March 2024

1,605,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2023

218,481

Valuation in 2024

19,868

Valuation in 2025

(32,147

)

Cost

1,383,798

1,590,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

15,588

Other debtors

5,529

7,135

5,529

22,723

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

378,005

376,530

Trade creditors

122

7,973

Amounts owed to group undertakings

1,174,447

1,174,447

Other creditors

15,093

14,399

1,567,667

1,573,349