Granville Properties (Barnet) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05979007

Granville Properties (Barnet) Limited

Filleted Unaudited Financial Statements

For the year ended

31 December 2025

Granville Properties (Barnet) Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		395,550	659,009

Current assets

Debtors	5	70,681	602
Cash at bank and in hand		108,131	47,707
		---------	--------
		178,812	48,309

Creditors: amounts falling due within one year	6	31,293		39,791
		---------		--------
Net current assets			147,519	8,518
			---------	---------
Total assets less current liabilities			543,069	667,527

Creditors: amounts falling due after more than one year	7	242,142	434,686
		---------	---------
Net assets		300,927	232,841
		---------	---------

Granville Properties (Barnet) Limited

Statement of Financial Position (continued)

31 December 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	300,827	232,741
	---------	---------
Shareholders funds	300,927	232,841
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 4 September 2026 , and are signed on behalf of the board by:

J F Tillisch

Director

Company registration number: 05979007

Granville Properties (Barnet) Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The trading address is Lower Ground Floor, 36 Hyde Park Square, London, W2 2NW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

Going concern

The financial statements have been prepared on a going concern basis and is profitable for the year. The director is satisfied the company has sufficient funds and arrangements in place to meet liabilities as they fall due for payment for a period of at least 12 months from the date the accounts are approved.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Tangible assets

Tangible assets consist of Investment property and fixtures & fittings. Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis. Fixtures & fittings are intially recorded at cost and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	25% straight line

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

4. Tangible assets

	Freehold property	Long leasehold property	Fixtures and fittings	Total
	£	£	£	£
Cost or valuation
At 1 January 2025	280,219	378,003	2,102	660,324
Disposals	( 280,219)	–	–	( 280,219)
Revaluations	–	17,286	–	17,286
	---------	---------	-------	---------
At 31 December 2025	–	395,289	2,102	397,391
	---------	---------	-------	---------
Depreciation
At 1 January 2025	–	–	1,315	1,315
Charge for the year	–	–	526	526
	---------	---------	-------	---------
At 31 December 2025	–	–	1,841	1,841
	---------	---------	-------	---------
Carrying amount
At 31 December 2025	–	395,289	261	395,550
	---------	---------	-------	---------
At 31 December 2024	280,219	378,003	787	659,009
	---------	---------	-------	---------

5. Debtors

	2025	2024
	£	£
Other debtors	70,681	602
	--------	----

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Other creditors	31,293	39,791
	--------	--------

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	242,142	434,686
	---------	---------

Bank loans and overdrafts are secured against assets to which they relate.