REGISTERED NUMBER: 13773606 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 DECEMBER 2023 TO 31 MARCH 2025

FOR

G-ROB PROPERTY COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G J Roberts

REGISTERED OFFICE:

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

REGISTERED NUMBER:

13773606 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Intangible assets

4

112,849

128,326

Tangible assets

5

2,422,614

2,225,828

2,535,463

2,354,154

CURRENT ASSETS

Debtors

6

774,373

469,293

Cash at bank

110,138

162,805

884,511

632,098

CREDITORS

Amounts falling due within one year

7

3,509,998

3,012,152

NET CURRENT LIABILITIES

(2,625,487

)

(2,380,054

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(90,024

)

(25,900

)

PROVISIONS FOR LIABILITIES

-

12,904

NET LIABILITIES

(90,024

)

(38,804

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(90,025

)

(38,805

)

(90,024

)

(38,804

)

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

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

The director acknowledges his 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 director and authorised for issue on 11 December 2025 and were signed by:

G J Roberts - Director

1.	STATUTORY INFORMATION

G-Rob Property Company 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

20% on reducing balance

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2023

and 31 March 2025

154,765

AMORTISATION

At 1 December 2023

26,439

Charge for period

15,477

At 31 March 2025

41,916

NET BOOK VALUE

At 31 March 2025

112,849

At 30 November 2023

128,326

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 December 2023

2,072,924

260,878

2,333,802

Additions

65,265

261,091

326,356

At 31 March 2025

2,138,189

521,969

2,660,158

DEPRECIATION

At 1 December 2023

58,126

49,848

107,974

Charge for period

56,148

73,422

129,570

At 31 March 2025

114,274

123,270

237,544

NET BOOK VALUE

At 31 March 2025

2,023,915

398,699

2,422,614

At 30 November 2023

2,014,798

211,030

2,225,828

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

30/11/23

£

£

Other debtors

774,373

469,293

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

30/11/23

£

£

Taxation and social security

-

27,154

Other creditors

3,509,998

2,984,998

3,509,998

3,012,152

8.	RELATED PARTY DISCLOSURES

During the period, transactions with The Llanfendigaid Estate Limited, a company in which 51% of the shares are held, included rent receivable of £105,000 (2023: £105,000).

During the period the company lent £253,000 to The Llanfendigaid Estate Limited, with the balance owed at the period end being £722,293 (2023: £469,293).

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G J Roberts.