REGISTERED NUMBER: 01954732 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

GRN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Green

SECRETARY:

E Green

REGISTERED OFFICE:

115c Milton Road

Cambridge

Cambridgeshire

CB4 1XE

REGISTERED NUMBER:

01954732 (England and Wales)

ACCOUNTANTS:

Prentis & Co LLP

Accountants and Business Advisers

115c Milton Road

Cambridge

CB4 1XE

FIXED ASSETS

Tangible assets

4

10,559

10,559

Investment property

5

1,089,498

1,089,498

1,100,057

1,100,057

CURRENT ASSETS

Debtors

6

63,805

64,816

Cash at bank

62,087

42,381

125,892

107,197

CREDITORS

Amounts falling due within one year

7

182,033

155,610

NET CURRENT LIABILITIES

(56,141

)

(48,413

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,043,916

1,051,644

CREDITORS

Amounts falling due after more than one year

8

893,000

893,000

NET ASSETS

150,916

158,644

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

10

152,836

152,836

Retained earnings

(2,020

)

5,708

SHAREHOLDERS' FUNDS

150,916

158,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 June 2026 and were signed by:

A Green - Director

1.	STATUTORY INFORMATION

GRN 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared on a going concern basis. This may not be appropriate because at 30th September 2025 the company's current liabilities exceeded its current assets by £56,141 and total liabilities of the company were £1,075,033. The company is reliant upon the continued support of its director, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided, as necessary, to enable the company to continue as a going concern.

The company knows or has reasonable cause to believe that there is no registrable person or registrable relevant legal entity in relation to the company.

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

-

25% on reducing balance

Office equipment

-

15% 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Office

Motor

machinery

equipment

vehicles

Totals

£

£

£

£

COST

At 1 October 2024

and 30 September 2025

23,378

3,779

10,559

37,716

DEPRECIATION

At 1 October 2024

and 30 September 2025

23,378

3,779

-

27,157

NET BOOK VALUE

At 30 September 2025

-

-

10,559

10,559

At 30 September 2024

-

-

10,559

10,559

Motor vehicles includes the purchase of a vintage car by the company as an investment. The vehicle has not been depreciated.

5.	INVESTMENT PROPERTY

The director has reviewed the market value of all properties, at 30th September 2025, and concluded that the investment properties value is as followed:

176 Mill Road

£150,000

2A Stockwell Street

£275,311

Wellington Court

£664,187

£1,089,498

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,392

2,309

Other debtors

61,413

62,507

63,805

64,816

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

14,964

8,763

VAT

26,870

23,565

Due to J Green Properties Ltd

130,631

47,130

Director's current account

-

66,439

Accruals and deferred income

9,568

9,713

182,033

155,610

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - due in more than 5 years

893,000

893,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans - due in more than 5 years

893,000

893,000

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

893,000

893,000

Bank loans and overdrafts are secured by a fixed and floating charge over the company's assets.

10.

RESERVES

Revaluation

reserve

£

At 1 October 2024

and 30 September 2025

152,836

11.	RELATED PARTY DISCLOSURES

Net sales of £16,667 (2024: £15,000) were charged as fees earned to Skymond Limited, a company which A Green is also a director of. At 30 September 2025, a loan amount of £61,413 was due to GRN Limited.

Net sales of £36,667 (2024: £10,000) were charged as fees earned to J Green Properties Limited, a company which A Green is also a director of. At 30 September 2025, a loan amount of £130,631 was due to J Green Properties Limited.

12.	ULTIMATE CONTROLLING PARTY