Registration number: 09595191

Grove House Estates Limited

(Registration number: 09595191)

Balance Sheet as at 31 October 2025

	Note	31 October 2025 £	31 July 2024 £
Fixed assets
Tangible assets	3	52,715	65,074
Investment property	4	2,887,313	2,887,313
		2,940,028	2,952,387
Current assets
Debtors	5	502,403	503,452
Cash at bank and in hand		8,905	16,068
		511,308	519,520
Creditors: Amounts falling due within one year	6	(2,614,373)	(2,689,399)
Net current liabilities		(2,103,065)	(2,169,879)
Total assets less current liabilities		836,963	782,508
Creditors: Amounts falling due after more than one year	6	(342,423)	(353,772)
Net assets		494,540	428,736
Capital and reserves
Called up share capital		100	100
Retained earnings		494,440	428,636
Shareholders' funds		494,540	428,736

For the financial period ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

Grove House Estates Limited

(Registration number: 09595191)

Balance Sheet as at 31 October 2025 (continued)

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities.

These financial statements were approved and authorised for issue by the Board on 15 January 2026 and signed on its behalf by:
 

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

Mr R J Fennell

Director

Grove House Estates Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2024 to 31 October 2025

1	Accounting policies

Statutory Information

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

These financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover comprises rents receivable from tenants in the ordinary course of the company’s activities. Turnover is shown net of management charges.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Investment properties	Not depreciated
Motor vehicles	33.33% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the director. The director uses observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Grove House Estates Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2024 to 31 October 2025 (continued)

2	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2024 - 2).

3	Tangible assets

	Motor vehicles  £	Total £
Cost
At 1 August 2024	69,412	69,412
At 31 October 2025	69,412	69,412
Depreciation
At 1 August 2024	4,338	4,338
Charge for the period	12,359	12,359
At 31 October 2025	16,697	16,697
Carrying amount
At 31 October 2025	52,715	52,715
At 31 July 2024	65,074	65,074

4	Investment properties

	31 October 2025 £
At 1 August 2024 and 31 October 2025	2,887,313

5

Debtors

	31 October 2025 £	31 July 2024 £
Prepayments	1,871	2,667
Other debtors	500,532	500,785
	502,403	503,452

Grove House Estates Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2024 to 31 October 2025 (continued)

6

Creditors

	31 October 2025  £	31 July 2024  £
Due within one year
HP and finance lease liabilities	9,079	9,079
Director's current account	2,542,734	2,633,028
Other payables	532	-
Accrued expenses	41,981	39,839
Corporation tax	20,047	7,453
	2,614,373	2,689,399
Due after one year
Bank borrowings	300,000	300,000
HP and finance lease liabilities	42,423	53,772
	342,423	353,772

The borrowings are secured against the investment properties held by the company.