REGISTERED NUMBER: 02152886 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

JOHN G. GRAY (HOMES) LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

J G Gray

REGISTERED OFFICE:

J H Greenwood & Company

Ava Lodge Castle Terrace

Berwick Upon Tweed

Northumberland

TD15 1NP

REGISTERED NUMBER:

02152886 (England and Wales)

ACCOUNTANTS:

J.H. Greenwood & Company

Chartered Accountants

Ava Lodge

Castle Terrace

Berwick Upon Tweed

Northumberland

TD15 1NP

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of John G. Gray (Homes) Limited for the year ended 31 August 2025 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of John G. Gray (Homes) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of John G. Gray (Homes) Limited and state those matters that we have agreed to state to the director of John G. Gray (Homes) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than John G. Gray (Homes) Limited and its director for our work or for this report.

It is your duty to ensure that John G. Gray (Homes) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of John G. Gray (Homes) Limited. You consider that John G. Gray (Homes) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of John G. Gray (Homes) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

J.H. Greenwood & Company

Chartered Accountants

Ava Lodge

Castle Terrace

Berwick Upon Tweed

Northumberland

TD15 1NP

29 May 2026

FIXED ASSETS

Tangible assets

4

1,995

2,495

Investment property

5

10,743,145

10,610,736

10,745,140

10,613,231

CURRENT ASSETS

Stocks

93,771

83,746

Debtors

6

941,134

941,134

Investments

7

253

186

Cash at bank

865,115

60,086

1,900,273

1,085,152

CREDITORS

Amounts falling due within one year

8

1,635,146

1,479,753

NET CURRENT ASSETS/(LIABILITIES)

265,127

(394,601

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,010,267

10,218,630

CREDITORS

Amounts falling due after more than one year

9

-

(8,329

)

PROVISIONS FOR LIABILITIES

(24,112

)

(24,112

)

NET ASSETS

10,986,155

10,186,189

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

10,985,155

10,185,189

SHAREHOLDERS' FUNDS

10,986,155

10,186,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 May 2026 and were signed by:

J G Gray - Director

1.	STATUTORY INFORMATION

John G. Gray (Homes) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 September 2024

and 31 August 2025

153,380

24,000

177,380

DEPRECIATION

At 1 September 2024

150,885

24,000

174,885

Charge for year

500

-

500

At 31 August 2025

151,385

24,000

175,385

NET BOOK VALUE

At 31 August 2025

1,995

-

1,995

At 31 August 2024

2,495

-

2,495

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

10,610,736

Additions

870,355

Disposals

(737,946

)

At 31 August 2025

10,743,145

NET BOOK VALUE

At 31 August 2025

10,743,145

At 31 August 2024

10,610,736

Director has confirmed that properties would be difficult to revalue given the number of properties and also that some are now on the market to be sold. Properties are therefore shown at cost.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Other debtors

941,134

941,134

7.	CURRENT ASSET INVESTMENTS

31/8/25

31/8/24

£

£

Listed investments

253

186

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Bank loans and overdrafts

8,334

10,000

Trade creditors

117,838

84,275

Taxation and social security

268,019

188,259

Other creditors

1,240,955

1,197,219

1,635,146

1,479,753

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/8/25

31/8/24

£

£

Bank loans

-

8,329