REGISTERED NUMBER: 03608818 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

GROSVENOR HOUSE (TELFORD) NOMINEE NO. 1

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J N Dixon

Mrs N J Fell

M G B Shaw

SECRETARY:

M G B Shaw

REGISTERED OFFICE:

C/O Andrew Dixon & Co

Central Park

Telford

Shropshire

TF2 9TW

REGISTERED NUMBER:

03608818 (England and Wales)

ACCOUNTANTS:

D E Ball & Co Limited

Chartered Accountants

15 Bridge Road

Wellington

Telford

Shropshire

TF1 1EB

FIXED ASSETS

Tangible assets

4

6,379,913

6,380,518

Investments

5

425,739

425,739

6,805,652

6,806,257

CURRENT ASSETS

Debtors

6

381,017

81,018

Cash at bank

59,574

52,732

440,591

133,750

CREDITORS

Amounts falling due within one year

7

696,848

486,491

NET CURRENT LIABILITIES

(256,257

)

(352,741

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,549,395

6,453,516

CREDITORS

Amounts falling due after more than one year

8

(867,457

)

(925,234

)

PROVISIONS FOR LIABILITIES

(41,335

)

(41,335

)

NET ASSETS

5,640,603

5,486,947

CAPITAL AND RESERVES

Called up share capital

5

5

Revaluation reserve

9

643,527

643,527

Retained earnings

4,997,071

4,843,415

SHAREHOLDERS' FUNDS

5,640,603

5,486,947

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 17th December 2025 and were signed on its behalf by:

J N Dixon - Director

1.	STATUTORY INFORMATION

Grosvenor House (Telford) Nominee No. 1 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 each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

In the Directors opinion, the Investment Properties carrying value does not differ materially from its fair value at the balance sheet date. No independent valuation has been obtained at the balance sheet date to confirm this.

The Directors recognise the requirement to obtain an independent valuation with sufficient regularity to confirm the Investment Properties carrying amount in the balance sheet does not differ materially from its fair value.

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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

leasehold

fittings

Totals

£

£

£

COST

At 1st April 2024

and 31st March 2025

6,378,096

68,355

6,446,451

DEPRECIATION

At 1st April 2024

-

65,933

65,933

Charge for year

-

605

605

At 31st March 2025

-

66,538

66,538

NET BOOK VALUE

At 31st March 2025

6,378,096

1,817

6,379,913

At 31st March 2024

6,378,096

2,422

6,380,518

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st April 2024

and 31st March 2025

425,739

NET BOOK VALUE

At 31st March 2025

425,739

At 31st March 2024

425,739

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

110,707

45,637

Other debtors

270,310

35,381

381,017

81,018

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

180,450

57,612

Trade creditors

6,731

799

Taxation and social security

208,341

165,910

Other creditors

301,326

262,170

696,848

486,491

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

721,800

779,577

Other creditors

145,657

145,657

867,457

925,234

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Investor loan account

145,657

145,657

Repayable by instalments

Bank loans more 5 yr by instal

721,800

526,129

9.

RESERVES

Revaluation

reserve

£

At 1st April 2024

and 31st March 2025

643,527

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors, who through their own business interests, also own the majority of the issued share capital.