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Registered number: 11040088
Grapevine Property Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Optimise Accountants Ltd
Office 15 Bramley House 2a
Bramley Road
Long Eaton
Nottinghamshire
NG10 3SX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11040088
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 604 755
Investment Properties 5 553,058 553,058
553,662 553,813
CURRENT ASSETS
Cash at bank and in hand 4,905 11,252
4,905 11,252
Creditors: Amounts Falling Due Within One Year 6 (188,003 ) (196,138 )
NET CURRENT ASSETS (LIABILITIES) (183,098 ) (184,886 )
TOTAL ASSETS LESS CURRENT LIABILITIES 370,564 368,927
Creditors: Amounts Falling Due After More Than One Year 7 (366,861 ) (366,543 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,144 ) (2,144 )
NET ASSETS 1,559 240
CAPITAL AND RESERVES
Called up share capital 9 2 2
Fair value reserve 10 4,991 4,991
Profit and Loss Account (3,434 ) (4,753 )
SHAREHOLDERS' FUNDS 1,559 240
Page 1
Page 2
For the year ending 31 October 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 Mark Bauer
Director
04/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Grapevine Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11040088 . The registered office is Office 15 Bramley House 2a, Bramley Road, Long Eaton, Nottinghamshire, NG10 3SX.
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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Freehold Not depreciated
Fixtures & Fittings 20% RBB
2.4. Investment Properties
All Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 2 2
2 2
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 November 2024 1,200
As at 31 October 2025 1,200
Depreciation
As at 1 November 2024 445
Provided during the period 151
As at 31 October 2025 596
Net Book Value
As at 31 October 2025 604
As at 1 November 2024 755
5. Investment Property
2025
£
Fair Value
As at 1 November 2024 and 31 October 2025 553,058
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Directors' loan accounts 188,003 196,138
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 366,861 366,543
8. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured on the investment properties.
2025 2024
£ £
Bank loans and overdrafts 365,560 365,761
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4
Page 5
10. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 November 2024 4,991 (4,753 )
Profit for the year and total comprehensive income - 1,319
As at 31 October 2025 4,991 (3,434 )
11. Controlling Party
There is no controlling party as the company's share capital is owned equally by Mr Bauer and Mrs Bauer.
Page 5