1 August 2024 false No description of principal activity Taxfiler 2024.6 14993587business:PrivateLimitedCompanyLtd2024-08-012025-07-31 149935872024-07-31 149935872024-08-012025-07-31 14993587business:AuditExempt-NoAccountantsReport2024-08-012025-07-31 14993587business:FilletedAccounts2024-08-012025-07-31 149935872025-07-31 14993587business:Director12024-08-012025-07-31 14993587business:RegisteredOffice2024-08-012025-07-31 149935872024-07-31 14993587core:WithinOneYear2025-07-31 14993587core:WithinOneYear2024-07-31 14993587core:AfterOneYear2025-07-31 14993587core:AfterOneYear2024-07-31 14993587core:ShareCapitalcore:PreviouslyStatedAmount2025-07-31 14993587core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 14993587core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-07-31 14993587core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 14993587core:PreviouslyStatedAmount2025-07-31 14993587core:PreviouslyStatedAmount2024-07-31 14993587business:SmallEntities2024-08-012025-07-31 14993587countries:EnglandWales2024-08-012025-07-31 14993587core:FurnitureFittings2024-08-012025-07-31 14993587core:LandBuildings2024-07-31 14993587core:FurnitureFittings2024-07-31 14993587core:LandBuildings2025-07-31 14993587core:FurnitureFittings2025-07-31 14993587core:LandBuildings2024-08-012025-07-31 149935872023-07-102024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 14993587 (England and Wales)
Grey Chaise Properties Limited Unaudited accounts for the year ended 31 July 2025
Grey Chaise Properties Limited Unaudited accounts Contents
Page
- 2 -
Grey Chaise Properties Limited Company Information for the year ended 31 July 2025
Director
B Osagie
Company Number
14993587 (England and Wales)
Registered Office
37 St. Johns Road Sidcup Kent DA14 4HD England
- 3 -
Grey Chaise Properties Limited Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
774,760 
776,738 
Current assets
Debtors
- 
156 
Cash at bank and in hand
4,774 
4,923 
4,774 
5,079 
Creditors: amounts falling due within one year
(235,700)
(246,591)
Net current liabilities
(230,926)
(241,512)
Total assets less current liabilities
543,834 
535,226 
Creditors: amounts falling due after more than one year
(543,099)
(543,291)
Net assets/(liabilities)
735 
(8,065)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
734 
(8,066)
Shareholders' funds
735 
(8,065)
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 April 2026 and were signed on its behalf by
B Osagie Director Company Registration No. 14993587
- 4 -
Grey Chaise Properties Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Grey Chaise Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 14993587. The registered office is 37 St. Johns Road, Sidcup, Kent, DA14 4HD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on reducing balance basis
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2024
766,846 
12,365 
779,211 
At 31 July 2025
766,846 
12,365 
779,211 
Depreciation
At 1 August 2024
- 
2,473 
2,473 
Charge for the year
- 
1,978 
1,978 
At 31 July 2025
- 
4,451 
4,451 
Net book value
At 31 July 2025
766,846 
7,914 
774,760 
At 31 July 2024
766,846 
9,892 
776,738 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due after more than one year
Other debtors
- 
156 
- 5 -
Grey Chaise Properties Limited Notes to the Accounts for the year ended 31 July 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Other creditors
235,400 
246,291 
Accruals
300 
300 
235,700 
246,591 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
543,099 
543,291 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -