REGISTERED NUMBER: 10112242 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GROSVENOR PROPERTY MANAGEMENT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr T M Grosvenor

Mrs K J M Grosvenor

REGISTERED OFFICE:

Burdonshill House

Burdonshill

Wenvoe

Vale Of Glamorgan

CF5 6BA

REGISTERED NUMBER:

10112242 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02 High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

FIXED ASSETS

Tangible assets

4

283,005

282,214

Investments

5

1,750,510

1,940,624

2,033,515

2,222,838

CURRENT ASSETS

Investments

6

18,824

14,657

Cash at bank

13,476

56,650

32,300

71,307

CREDITORS

Amounts falling due within one year

7

283,561

163,004

NET CURRENT LIABILITIES

(251,261

)

(91,697

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,782,254

2,131,141

CREDITORS

Amounts falling due after more than one year

8

1,771,082

2,097,394

NET ASSETS

11,172

33,747

CAPITAL AND RESERVES

Called up share capital

10

1,000

1,000

Retained earnings

10,172

32,747

SHAREHOLDERS' FUNDS

11,172

33,747

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by:

Mr T M Grosvenor - Director

1.	STATUTORY INFORMATION

Grosvenor Property Management Limited 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.

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 the cost less estimated residual value of each asset over its estimated useful life.

Computer equipments - 20% on cost

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

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.

INVESTMENTS

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Computer

property

equipment

Totals

£

£

£

Cost

At 1 April 2024

282,029

529

282,558

Additions

-

976

976

At 31 March 2025

282,029

1,505

283,534

Depreciation

At 1 April 2024

-

344

344

Charge for year

-

185

185

At 31 March 2025

-

529

529

Net book value

At 31 March 2025

282,029

976

283,005

At 31 March 2024

282,029

185

282,214

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

£

Short term investment

178,749

50,000

Investment in LLP

1,571,761

1,890,624

1,750,510

1,940,624

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Current Investment in LLP

18,824

14,657

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

8,000

8,000

Taxation and social security

-

2,331

Other creditors

275,561

152,673

283,561

163,004

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

1,575,420

1,901,730

Other creditors

195,662

195,664

1,771,082

2,097,394

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,571,761

1,890,624

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

8,000

8,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

3,659

8,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

3,106

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,571,761

1,890,624

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary share

£1

1,000

1,000