Registration number: 04824488

50 Granville Park Management Company Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

50 Granville Park Management Company Limited

Company Information

Directors

A J Stevens C J White S Wu

Company secretary

A J Stevens

Registered office

50 Granville Park London SE13 7DX

Accountants

BDK Accountants Ltd 24 Scotts Road Bromley Kent BR1 3QD

50 Granville Park Management Company Limited

(Registration number: 04824488)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed Assets
Tangible Assets	4	21,690	21,690
Current assets
Cash at bank and in hand		5,739	5,057
Creditors: Amounts falling due within one year	6	(3,649)	(3,607)
Net current assets		2,090	1,450
Total assets less current liabilities		23,780	23,140
Creditors: Amounts falling due after more than one year	6	(21,686)	(21,686)
Net assets		2,094	1,454
Capital and Reserves
Called up share capital	7	4	4
Retained Earnings		2,090	1,450
Shareholders' funds		2,094	1,454

For the financial year ending 31 August 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 26 May 2026 and signed on its behalf by:
 

......................................... A J Stevens Company secretary and director

50 Granville Park Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
50 Granville Park
London
SE13 7DX

These financial statements were authorised for issue by the Board on 26 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and buildings	not provided

50 Granville Park Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

50 Granville Park Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

4	Tangible Assets

	Land and buildings £	Total £
Cost or valuation
At 1 September 2024	21,690	21,690
At 31 August 2025	21,690	21,690
Depreciation
Carrying amount
At 31 August 2025	21,690	21,690
At 31 August 2024	21,690	21,690

Included within the net book value of land and buildings above is £21,690 (2024 - £21,690) in respect of freehold land and buildings.
 

50 Granville Park Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

5

Debtors

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Accruals and deferred income	456	413
Other creditors	3,193	3,194
	3,649	3,607

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	21,686	21,686

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Class A of £1 each	4	4	4	4

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	21,686	21,686