Company registration number 11286877 (England and Wales)
GRRM LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
GRRM LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
GRRM LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
3
155,000
70,000
Current assets
Debtors
4
227,775
181,331
Cash at bank and in hand
94,020
117,957
321,795
299,288
Creditors: amounts falling due within one year
5
(16,007)
(8,524)
Net current assets
305,788
290,764
Total assets less current liabilities
460,788
360,764
Provisions for liabilities
(19,469)
(9,019)
Net assets
441,319
351,745
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
441,219
351,645
Total equity
441,319
351,745

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 8 March 2026 and are signed on its behalf by:
Mr R S Mott
Director
Company registration number 11286877 (England and Wales)
GRRM LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

GRRM Limited is a private company limited by shares incorporated in England and Wales. The registered office is Trinity House 123 Winchester Road, Chandler's Ford, Eastleigh, Hampshire, United Kingdom, S053 2DR.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents rent receivable, net of VAT and discounts.

1.3
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.4
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

GRRM LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
2
3
Investment property
2025
£
Fair value
At 1 April 2024
70,000
Revaluations
85,000
At 31 March 2025
155,000

The director considers that the valuation of the investment property accurately reflects the fair value as at the reporting date. The historical cost of the property is £52,532, resulting in accumulative fair value gains of £102,468 within profit and loss, which are not distributable.

GRRM LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Corporation tax recoverable
323
-
0
Other debtors
227,452
181,331
227,775
181,331
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
5,229
-
0
Corporation tax
3,871
2,562
Other taxation and social security
726
678
Other creditors
6,181
5,284
16,007
8,524

6
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Investment property
19,469
9,019
2025
Movements in the year:
£
Liability at 1 April 2024
9,019
Charge to profit or loss
10,450
Liability at 31 March 2025
19,469
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Ordinary Shares of £1 each
100
100
100
100
GRRM LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
7
Called up share capital
(Continued)
- 5 -
8
Directors' transactions

L oans have been granted by the company to its directors as follows:

At the year end the company was owed £907 (2024: £107,491) by Mr R Mott. During the year interest has been charged at a rate of 2.25%, resulting in an interest charge of £857 (2024: £229). The loan is repayable on demand.

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