GRANTRAVEN LIMITED


Director	Mrs J Fisher


Company Secretary	Mrs J Fisher


Registered Address	James Watson House Montgomery Way
	Rosehill Industrial Estate
	Carlisle
	CA1 2UU


Registered Number	01705915 (England and Wales)

Statement of Financial Position
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,900		3,825
Investments	5		17,002		17,002
Investment property	4		1,864,900		2,164,900
			1,883,802		2,185,727
Current assets
Debtors	6	47,411		78,330
Cash at bank and on hand		344,517		28,845
		391,928		107,175
Creditors amounts falling due within one year	7	(173,695)		(181,580)
Net current assets (liabilities)			218,233		(74,405)
Total assets less current liabilities			2,102,035		2,111,322
Provisions for liabilities	8		(65,097)		(83,881)
Net assets			2,036,938		2,027,441
Capital and reserves
Called up share capital			14,645		14,645
Other reserves			395,243		494,108
Profit and loss account			1,627,050		1,518,688
Shareholders' funds			2,036,938		2,027,441

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 7 May 2026, and are signed on its behalf by:

Mrs J Fisher
Director
Registered Company No. 01705915

GRANTRAVEN LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Rents and management charges receivable relating to freehold investment property are recognised in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Vehicles	25	-
Office Equipment	-	4

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

	Investment property
	Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

	Trade and other 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.

Trade and other 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.

	Trade and other 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.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		4

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 January 25	33,403	-	33,403
Additions	-	1,399	1,399
Disposals	(9,480)	-	(9,480)
At 31 December 25	23,923	1,399	25,322
Depreciation and impairment
At 01 January 25	29,578	-	29,578
Revaluation surplus	215	146	361
On disposals	(6,517)	-	(6,517)
At 31 December 25	23,276	146	23,422
Net book value
At 31 December 25	647	1,253	1,900
At 31 December 24	3,825	-	3,825

4.	Investment property
	The 2025 valuations were assessed and confirmed by the director on an open market basis following the professional valuations by C&D Rural in 2024.


		£
	Fair value at 01 January 25	2,164,900
	Disposals	(300,000)
	At 31 December 25	1,864,900

5.	Fixed asset investments

	Other investments¹	Total
	£	£
Cost or valuation
At 01 January 25	17,002	17,002
At 31 December 25	17,002	17,002
Net book value
At 31 December 25	17,002	17,002
At 31 December 24	17,002	17,002

	Notes
	¹Other investments other than loans

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	6,807	39,526
Other debtors	40,604	38,804
Total	47,411	78,330

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	65	65
Taxation and social security	12,056	9,590
Other creditors	158,230	169,064
Accrued liabilities and deferred income	3,344	2,861
Total	173,695	181,580

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	65,097	83,881
Total	65,097	83,881

9.	Directors advances, credits and guarantees
	On 1 January 2025 a shareholder owed the company £29,214. During the period there were advances £1,800 and repayments of £Nil. No interest was charged on this loan. As at 31 December 2025 this shareholder owed the company £31,014. Following the death of this shareholder, the balance is now due from the estate. The sole director now is in the process of recovering the balance through the estate.

Directors advances, credits and guarantees

On 1 January 2025 a shareholder owed the company £29,214. During the period there were advances £1,800 and repayments of £Nil. No interest was charged on this loan. As at 31 December 2025 this shareholder owed the company £31,014. Following the death of this shareholder, the balance is now due from the estate. The sole director now is in the process of recovering the balance through the estate.