Registered number
12172476
Grey and Gold Properties Limited
Filleted Accounts
31 August 2025

Grey and Gold Properties Limited
Registered number: | 12172476
Balance Sheet
as at 31 August 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Investments | 3 |  |  | 409,892 |  |  | 409,892
Current assets
Debtors | 4 |  | 792 |  |  | 794
Cash at bank and in hand |  |  | 6,747 |  |  | 10,029
|  |  | 7,539 |  |  | 10,823
Creditors: amounts falling due within one year | 5 |  | (2,928) |  |  | (1,500)
Net current assets |  |  |  | 4,611 |  |  | 9,323
Total assets less current liabilities |  |  |  | 414,503 |  |  | 419,215
Creditors: amounts falling due after more than one year | 6 |  |  | (434,054) |  |  | (440,362)
Net liabilities |  |  |  | (19,551) |  |  | (21,147)
Capital and reserves
Called up share capital |  |  |  | 100 |  |  | 100
Profit and loss account |  |  |  | (19,651) |  |  | (21,247)
Shareholders' funds |  |  |  | (19,551) |  |  | (21,147)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Kishore Kumar Yerra
Director
Approved by the board on 21 May 2026

Grey and Gold Properties Limited
Notes to the Accounts
for the year ended 31 August 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Investments
| Investment property, which is property held to earn rentals and/or for capital appreciation. Subsequently it is measured at fair value at the reporting date. The surplus or deficit on revaluation is recognised in profit and loss. Where fair value cannot be achieved without undue costs or effort, investment property is accounted for as a tangible fixed asset.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 2 |  | 2
3 | Investments
Other
investments
£
| Cost
| At 1 September 2024 | 409,892
| At 31 August 2025 | 409,892
| The fair value of the investment property has been arrived on the basis of the purchase cost and refurbisment value of the property for the period of ownership. The directors believes this is an accurate value of the property.
4 | Debtors | 2025 |  | 2024
£ | £
| Trade debtors | 398 |  | 400
| Prepayments and accrued income |  |  |  |  | 394 |  | 394
|  |  |  |  |  | 792 |  | 794
5 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Accruals and deferred income | 2,928 |  | 1,500
6 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Bank loans | 301,847 |  | 301,847
| Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 98,251 |  | 108,251
| Other creditors | 33,956 |  | 30,264
|  |  |  |  |  | 434,054 |  | 440,362
7 | Related party transactions | 2025 |  | 2024
£ | £
| Included in creditors in note 4 above is an amount owed to the director. |  | 33,956 |  | 30,264
| Included within Creditors at the end of the year is the loan balance of £108,251 (2023 £120,251) from Peronesi Consulting Ltd. The loan is unsecured, interest free and repayable on demand. Peronesi Consulting Ltd is a related company with the same director
8 | Controlling party
| The company's controlling party is Kishore Yerra and Sushma Yerra by virtue of their ownership of 50% each of the issued share capital in the company.
9 | Other information
| Grey and Gold Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
| Lytchett House
| 13 Freeland Park
| Wareham Road
| Poole, Dorset
| BH16 6FA

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