Gregory Securities Limited - Filleted accounts

Registered number

02179582

Gregory Securities Limited

Filleted Accounts

31 October 2025

Gregory Securities Limited
Registered number:		02179582
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		4,254,525			4,414,982

Current assets
Debtors	4	111,395			145,113
Cash at bank and in hand		14,675			34,888
		126,070			180,001

Creditors: amounts falling due within one year	5	(419,879)			(915,677)

Net current liabilities			(293,809)			(735,676)

Total assets less current liabilities			3,960,716			3,679,306

Creditors: amounts falling due after more than one year	6		(500,000)			(55,433)


Net assets			3,460,716			3,623,873

Capital and reserves
Called up share capital			200,000			200,000
Fair value reserve			457,445			457,445
Profit and loss account			2,803,271			2,966,428

Shareholder's funds			3,460,716			3,623,873

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



M. H. Gregory
Director
Approved by the board on 17 June 2026

Gregory Securities Limited
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover represents rents receivable and other similar income.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office equipment & furniture			over 3 years
	Motor vehicles, plant and machinery			over 4 years

	Investment property
	Investment property is included at fair value. Any surplus or deficit on revaluation is dealt with through the profit and loss account. No depreciation is provided in respect of investment property.

	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.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
		Investment properties		Office equipment & furniture		Motor vehicles, plant and machinery		Total
£			£		£		£
	Cost or valuation
	At 1 November 2024	4,353,064		11,316		78,847		4,443,227
	Additions	-		-		11,632		11,632
	Disposals	(151,739)		-		-		(151,739)
	At 31 October 2025	4,201,325		11,316		90,479		4,303,120

	Depreciation
	At 1 November 2024	-		11,315		16,930		28,245
	Charge for the year	-		-		20,350		20,350
	At 31 October 2025	-		11,315		37,280		48,595

	Net book value
	At 31 October 2025	4,201,325		1		53,199		4,254,525
	At 31 October 2024	4,353,064		1		61,917		4,414,982


4	Debtors					2025		2024
£							£

	Other debtors					111,395		145,113

	Amounts due after more than one year included above					88,423		128,423


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					36,464		9,558
	Other taxation and social security costs					3,901		4,177
	Accruals and deferred income					53,605		49,013
	Other creditors					325,909		852,929
						419,879		915,677


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loan					500,000		-
	Obligations under finance lease and hire purchase contracts					-		55,433
						500,000		55,433


7	Loans					2025		2024
£							£
	Creditors include:

	Secured bank loan					500,000		-

	The bank loan is secured by first legal charges over the company's investment properties.


8	Other information

	Gregory Securities Limited is a private company limited by shares and incorporated in England. Its registered office is:
	2 Pipers Close
	Cobham
	KT11 3AU