REGISTERED NUMBER: 13192513 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Grove Goodman Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

O L Emanuel

C M Emanuel

S Oliver

D S Oliver

Registered office:

114-120 Northgate Street

Chester

CH1 2HT

Registered number:

13192513 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Tangible assets

4

95

190

Investment property

5

110,000

110,000

110,095

110,190

Current assets

Cash at bank

1,111

3,582

Creditors

Amounts falling due within one year

6

75,819

69,022

Net current liabilities

(74,708

)

(65,440

)

Total assets less current liabilities

35,387

44,750

Creditors

Amounts falling due after more than one year

7

(19,404

)

(27,097

)

Provisions for liabilities

8

(1,624

)

(1,624

)

Net assets

14,359

16,029

Capital and reserves

Called up share capital

9

200

200

Other reserves

10

6,921

6,921

Retained earnings

10

7,238

8,908

Shareholders' funds

14,359

16,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 June 2026 and were signed on its behalf by:

D S Oliver - Director

1.	Statutory information

Grove Goodman 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 as modified by the revaluation of certain assets.

Turnover

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

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Revenue from property rental is recognised on an accruals basis.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

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.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2025 - NIL).

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 March 2025

and 28 February 2026

380

Depreciation

At 1 March 2025

190

Charge for year

95

At 28 February 2026

285

Net book value

At 28 February 2026

95

At 28 February 2025

190

5.	Investment property

Total

£

Fair value

At 1 March 2025

and 28 February 2026

110,000

Net book value

At 28 February 2026

110,000

At 28 February 2025

110,000

Fair value at 28 February 2026 is represented by:

£

Valuation in 2026

110,000

6.

Creditors: amounts falling due within one year

28/2/26

28/2/25

£

£

Trade creditors

105

361

Taxation and social security

-

807

Other creditors

75,714

67,854

75,819

69,022

7.

Creditors: amounts falling due after more than one year

28/2/26

28/2/25

£

£

Other creditors

19,404

27,097

8.	Provisions for liabilities

28/2/26

28/2/25

£

£

Deferred tax

Investment property revaluation

1,624

1,624

Deferred

tax

£

Balance at 1 March 2025

1,624

Balance at 28 February 2026

1,624

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

28/2/26

28/2/25

value:

£

£

100

Ordinary A

£1

100

100

100

Ordinary B

£1

100

100

200

200

10.

Reserves

Under FRS 102 surpluses on the revaluation of investment property are treated as fair value adjustments and are recognised in the statement of income. However under company law, these surpluses are not distributable. In these financial statements, the cumulative revaluation surpluses have been included in other reserves under profit and loss - not distributable. On disposal of an investment property, any revaluation surplus realised on disposal is transferred to distributable reserves.

11.	Related party disclosures