Greatland Estates Ltd

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

Registered number: 10279638

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	4	41,361		53,480
Cash at bank and in hand		298		19,820

		41,659		73,300
Creditors: Amounts Falling Due Within One Year	5	(57,709 )		(32,347 )

NET CURRENT ASSETS (LIABILITIES)			(16,050 )		40,953

TOTAL ASSETS LESS CURRENT LIABILITIES			(16,050 )		40,953

Creditors: Amounts Falling Due After More Than One Year	6		(16,265 )		(19,573 )

NET (LIABILITIES)/ASSETS			(32,315 )		21,380

CAPITAL AND RESERVES
Called up share capital			2		2
Profit and Loss Account			(32,317 )		21,378

SHAREHOLDERS' FUNDS			(32,315)		21,380

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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 S Gratt

Director

31/07/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Greatland Estates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10279638 . The registered office is Second Floor, Sutherland House, 70-78 West Hendon Broadway, London, NW9 7BT.

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

2. Accounting Policies

2.1. Basis of Preparation of 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 accounts have been prepared on the going concern basis as the director are of the opinion that the company will meet its liabilities as and when due, due to the continued support of the director and shareholder.

2.2. Turnover

Turnover represents property sales and net invoiced rents and commission receivable, including value-added tax.

2.3. Investment Properties

Investment properties are properties held to earn rentals and for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently, investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

2.4. Taxation

Taxation for the period 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.

2.5. Deferred Taxation

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 period 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.

2.6. Short term debtors and creditors

Short-term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

2.7. Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. Average Number of Employees

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

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Greatland Estates Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

4. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	8,480
Other debtors	41,361	45,000

	41,361	53,480

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	4,500	4,500
Other creditors	53,209	27,847

	57,709	32,347

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

	2025	2024
	£	£
Bank loans	16,265	19,573

7. Related Party Transactions

At the previous balance sheet date, the director owed £55,095 to the company.

At the previous balance sheet date, other debtors included balances totalling £5,000 owed from companies with a common director.

Included in other creditors are balances totalling £51,746 (2024: £124,741) owed to companies with a common director.

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