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COMPANY REGISTRATION NUMBER: 03805292

John Grants (Estate Agents) Limited

Filleted Unaudited Financial Statements

30 June 2025

John Grants (Estate Agents) Limited

Statement of Financial Position

30 June 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 200 | 200

Current assets

Debtors | 6 | 4,596 |  | 562
Cash at bank and in hand | 12,484 |  | 3,638
| -------- |  | -------
| 17,080 |  | 4,200

Creditors: amounts falling due within one year | 7 | 26,713 |  | 20,781
| -------- |  | --------
Net current liabilities |  | 9,633 | 16,581
|  | ------- | --------
Total assets less current liabilities |  | ( 9,433) | ( 16,381)

Creditors: amounts falling due after more than one year | 8 |  | 31,791 | 37,460
|  | -------- | --------
Net liabilities |  | ( 41,224) | ( 53,841)
|  | -------- | --------

Capital and reserves

Called up share capital |  | 2 | 2
Profit and loss account |  | ( 41,226) | ( 53,843)
|  | -------- | --------
Shareholders deficit |  | ( 41,224) | ( 53,841)
|  | -------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

John Grants (Estate Agents) Limited

Statement of Financial Position (continued)

30 June 2025
These financial statements were approved by the board of directors and authorised for issue on 16 March 2026 , and are signed on behalf of the board by:

Mr MN Mustafa
Director

Company registration number: 03805292

John Grants (Estate Agents) Limited

Notes to the Financial Statements

Year ended 30 June 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 32-34 Station Close, Potters Bar, Herts, EN6 1TL.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures and Fittings | - | 25% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 8 (2024: 8 ).
5. Tangible assets

| Land and buildings | Fixtures and fittings | Equipment | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 July 2024 and 30 June 2025 | 17,367 | 20,793 | 9,111 | 47,271
| -------- | -------- | ------- | --------
Depreciation |  |  |  |
At 1 July 2024 and 30 June 2025 | 17,367 | 20,667 | 9,037 | 47,071
| -------- | -------- | ------- | --------
Carrying amount |  |  |  |
At 30 June 2025 | – | 126 | 74 | 200
| -------- | -------- | ------- | --------
At 30 June 2024 | – | 126 | 74 | 200
| -------- | -------- | ------- | --------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 4,596 | 562
| ------- | ----

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Social security and other taxes | 11,529 | 5,597
Other creditors | 15,184 | 15,184
| -------- | --------
| 26,713 | 20,781
| -------- | --------

8. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 6,791 | 12,460
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 25,000 | 25,000
| -------- | --------
| 31,791 | 37,460
| -------- | --------

9. Controlling party
The company is under the control of Mr M Mustafa and Mr S Mustafa.