The Grove (Coulsdon) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 12276802

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		100		-

			100		-
CURRENT ASSETS
Stocks	5	5,266,683		3,957,792
Debtors	6	590		390
Cash at bank and in hand		13,037		8,004

		5,280,310		3,966,186
Creditors: Amounts Falling Due Within One Year	7	(4,782,383 )		(3,468,159 )

NET CURRENT ASSETS (LIABILITIES)			497,927		498,027

TOTAL ASSETS LESS CURRENT LIABILITIES			498,027		498,027

Creditors: Amounts Falling Due After More Than One Year	8		(500,000 )		(500,000 )

NET LIABILITIES			(1,973 )		(1,973 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(2,073 )		(2,073 )

SHAREHOLDERS' FUNDS			(1,973)		(1,973)

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The Grove (Coulsdon) Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 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 his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Peter Lewis

Director

01/06/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

The Grove (Coulsdon) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12276802 . The registered office is 20 Peterborough Road, Harrow, HA1 2BQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

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 properties.

Sale of properties

Revenue from the sale of completed developments is recognised when control of the property transfers to the buyer, typically on legal completion.

Work‑in‑progress represents developments under construction and is carried at the lower of cost and net realisable value (NRV).

Cost includes:

Land acquisition

Construction materials and labour

Professional fees (architects, surveyors, engineers)

Financing costs directly attributable to the development

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Investments

	Listed
	£
Cost or Valuation
As at 1 November 2024	-
Additions	100

As at 31 October 2025	100

Provision
As at 1 November 2024	-

As at 31 October 2025	-

...CONTINUED

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The Grove (Coulsdon) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

Net Book Value
As at 31 October 2025	100

As at 1 November 2024	-

5. Stocks

	2025	2024
	£	£
Stock	5,266,683	3,957,792

6. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by associates	390	390
Due after more than one year
Amounts owed by subsidiaries	200	-

	590	390

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	2,562	-
Accrued interest	714,862	256,575
Accruals and deferred income	1,860	1,860
Amounts owed to group undertakings	4,063,099	3,209,724

	4,782,383	3,468,159

Other creditors amounting to £4,063,099 (2024: £3,209,724) is loan from Jarmons Investments Limited. Interest of £458,287 has been accrued towards this loan.

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	500,000	500,000

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Ultimate Controlling Party

The company's ultimate controlling party is Jarmons Investments Limited by virtue of it's ownership of 100% of the issued share capital in the company.

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