Ggr Developments Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 14460463

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,010		5,760
Investment Properties	5		5,553,472		5,745,000
Investments	6		1		1

			5,557,483		5,750,761
CURRENT ASSETS
Debtors	7	633,159		310,698
Cash at bank and in hand		13,989		1,465

		647,148		312,163
Creditors: Amounts Falling Due Within One Year	8	(4,156,841 )		(3,739,716 )

NET CURRENT ASSETS (LIABILITIES)			(3,509,693 )		(3,427,553 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,047,790		2,323,208

PROVISIONS FOR LIABILITIES
Deferred Taxation			(520,940 )		(591,792 )

NET ASSETS			1,526,850		1,731,416

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			1,526,750		1,731,316

SHAREHOLDERS' FUNDS			1,526,850		1,731,416

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Ggr Developments Ltd

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 Gabriel Strauss

Director

26/08/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Ggr Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14460463 . The registered office is 3 Park Valley, Nottingham, NG7 1BS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the fair value of consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% Straight line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Taxation

The tax expense for the period comprises deferred tax.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Deferred tax is recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case deferred tax is recognised in other comprehensive income or directly in equity respectively.

2.6. Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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Ggr Developments Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.7. Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

2.8. Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost or Valuation
As at 1 December 2024	7,000

As at 30 November 2025	7,000

Depreciation
As at 1 December 2024	1,240
Provided during the period	1,750

As at 30 November 2025	2,990

Net Book Value
As at 30 November 2025	4,010

As at 1 December 2024	5,760

5. Investment Property

	2025
	£
Fair Value
As at 1 December 2024	5,745,000
Additions	86,332
Revaluations	(281,660)
Other	3,800

As at 30 November 2025	5,553,472

The investment properties have been valued by an independent third party.

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Ggr Developments Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Investments

	Unlisted
	£
Cost or Valuation
As at 1 December 2024	1

As at 30 November 2025	1

Provision
As at 1 December 2024	-

As at 30 November 2025	-

Net Book Value
As at 30 November 2025	1

As at 1 December 2024	1

7. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	38,130	-
Other debtors	595,029	310,698

	633,159	310,698

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,863	-
Other loans	2,635,000	1,435,000
Amounts owed to group undertakings	-	1,135
Amounts owed to participating interests	1,513,028	2,302,728
Other creditors	950	853

	4,156,841	3,739,716

9. Secured Creditors

Of the creditors the following amounts are secured by fixed and floating charge over the company's assets.

	2025		2024
	£		£
Bank loans and overdrafts	2,635,000		1,435,000

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Ggr Developments Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

11. Related Party Transactions

At the year end, an amount of £1,513,028 (2024: £2,302,728) was owed to Pop Ark Limited.

At the year end, an amount of £Nil (2024: £1,135) was owed to GGR C1 Limited.

At the year end, an amount of £38,130 (2024: £Nil) was owed from GGR C1 Limited.

At the year end, an amount of £560,000 (2024: £276,268) was owed from Lannoy Group Limited.

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