REGISTERED NUMBER: 09167040 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Graystacks Radmarsh Road Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A K Roberts

SECRETARY:

T A Roberts

REGISTERED OFFICE:

3 - 5 College Street

Nottingham

Nottinghamshire

NG1 5AQ

REGISTERED NUMBER:

09167040 (England and Wales)

FIXED ASSETS

Investment property

3

27,834,108

-

CURRENT ASSETS

Stocks

-

11,441,293

Debtors

4

404,372

27,499

Cash at bank and in hand

556,035

68,294

960,407

11,537,086

CREDITORS

Amounts falling due within one year

5

29,731,646

11,681,414

NET CURRENT LIABILITIES

(28,771,239

)

(144,328

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(937,131

)

(144,328

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

(937,231

)

(144,428

)

SHAREHOLDERS' FUNDS

(937,131

)

(144,328

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 August 2026 and were signed by:

A K Roberts - Director

1.	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.

Turnover

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

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.

During the year the company reclassified the work in progress to investment property. This reclassification reflects a change in the intended use of the asset from sale to income generating rental. The property was transferred at its fair value.

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.

Going concern

The director believes that the company will have sufficient working capital to settle its liabilities as they fall due for a period of twelve months from the date of approval of these financial statements and on this basis it is therefore appropriate that they are prepared on a going concern basis. At the balance sheet date the company had net liabilities of £937,131 (2024: £144,328).

2.	EMPLOYEES AND DIRECTORS

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

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

27,834,108

At 31 August 2025

27,834,108

NET BOOK VALUE

At 31 August 2025

27,834,108

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

404,372

27,499

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

17,184,464

1,697,503

Trade creditors

207,773

1,069,010

Amounts owed to group undertakings

10,779,743

8,779,743

Other creditors

1,559,666

135,158

29,731,646

11,681,414

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

17,184,464

1,697,503

The bank loans are secured by way of a fixed and floating charge over asset of the company.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100