REGISTERED NUMBER: 04622026 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 December 2025

for

GRK Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E M Alder-Barber

G Hann

A Hann

SECRETARY:

G Hann

REGISTERED OFFICE:

1 Parndon Lodge

Parndon Mill Lane

Harlow

Essex

CM20 2HR

REGISTERED NUMBER:

04622026 (England and Wales)

ACCOUNTANTS:

Myers & Co Accountants Limited

Suite 204A, East Wing

Sterling House

Langston Road

Loughton

Essex

IG10 3TS

FIXED ASSETS

Tangible assets

4

345,737

30,328

Investments

5

50,000

-

Investment property

6

6,784,345

7,215,000

7,180,082

7,245,328

CURRENT ASSETS

Debtors

7

5,002

15,002

Cash at bank and in hand

80,200

121,615

85,202

136,617

CREDITORS

Amounts falling due within one year

8

174,065

181,454

NET CURRENT LIABILITIES

(88,863

)

(44,837

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,091,219

7,200,491

CREDITORS

Amounts falling due after more than one year

9

1,365,685

1,369,849

NET ASSETS

5,725,534

5,830,642

CAPITAL AND RESERVES

Called up share capital

8

8

Revaluation reserve

10

2,921,887

2,921,887

Retained earnings

2,803,639

2,908,747

5,725,534

5,830,642

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2026 and were signed on its behalf by:

G Hann - Director

1.	STATUTORY INFORMATION

GRK Properties 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.

Tangible fixed assets

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

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 31 December 2024

51,250

Additions

430,655

At 30 December 2025

481,905

DEPRECIATION

At 31 December 2024

20,922

Charge for year

115,246

At 30 December 2025

136,168

NET BOOK VALUE

At 30 December 2025

345,737

At 30 December 2024

30,328

Included in cost or valuation of land and buildings is freehold land of £4,179,012 (2024 - £4,530,721) which is not depreciated.

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

30.12.25

30.12.24

£

£

Motor Vehicle Investment

50,000

-

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 31 December 2024

7,215,000

Disposals

(430,655

)

At 30 December 2025

6,784,345

NET BOOK VALUE

At 30 December 2025

6,784,345

At 30 December 2024

7,215,000

Fair value at 30 December 2025 is represented by:

£

Valuation in 2010

515,039

Valuation in 2015

582,354

Valuation in 2021

2,047,086

Valuation in 2025

(430,655

)

Cost

4,070,521

6,784,345

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.12.25

30.12.24

£

£

Amounts owed by group undertakings

5,002

15,002

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.12.25

30.12.24

£

£

Bank loans and overdrafts

4,426

10,648

Trade creditors

(1

)

-

Taxation and social security

39,902

43,913

Other creditors

129,738

126,893

174,065

181,454

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.12.25

30.12.24

£

£

Bank loans

-

4,164

Other creditors

1,365,685

1,365,685

1,365,685

1,369,849

Amounts falling due in more than five years:

Repayable by instalments

Mortgage on Freehold Property

745,685

745,685

10.

RESERVES

Revaluation

reserve

£

At 31 December 2024

and 30 December 2025

2,921,887