Company Registration No. 06991316 (England and Wales)
Greatford Estates Ltd
Unaudited accounts
for the year ended 31 December 2025
Greatford Estates Ltd
Unaudited accounts
Contents
Greatford Estates Ltd
Statement of financial position
as at 31 December 2025
Investment property
3,784,999
3,467,897
Cash at bank and in hand
461,689
41,072
Creditors: amounts falling due within one year
(1,447,610)
(1,673,861)
Net current liabilities
(932,599)
(1,584,543)
Total assets less current liabilities
2,852,400
1,883,354
Provisions for liabilities
Deferred tax
(196,514)
(7,239)
Net assets
2,655,886
1,876,115
Called up share capital
100
100
Fair value reserve
589,541
19,492
Profit and loss account
2,066,245
1,856,523
Shareholders' funds
2,655,886
1,876,115
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. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2026 and were signed on its behalf by
Malcolm D Wells
Director
Company Registration No. 06991316
Greatford Estates Ltd
Notes to the Accounts
for the year ended 31 December 2025
Greatford Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 06991316. The registered office is Spring House, Bath Row, Stamford, Lincolnshire, PE9 2QX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 January 2025
3,467,897
Net gain from fair value adjustments
757,102
At 31 December 2025
3,784,999
As at the 31st December 2025, the investment properties were revalued at market value. These were done by Mr M. D. Wells & Mr H. M. Wells, both of which are members of the Royal Institute of Chartered Surveyors.
Amounts falling due within one year
Trade debtors
3,349
22,194
Accrued income and prepayments
3,956
5,250
Other debtors
46,017
20,802
Greatford Estates Ltd
Notes to the Accounts
for the year ended 31 December 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
15,890
23,464
Amounts owed to group undertakings and other participating interests
582,417
768,497
Taxes and social security
61,907
66,098
Other creditors
47,396
20,802
Loans from directors
740,000
795,000
7
Transactions with related parties
As at the 31st December 2025 within creditors, £582,417 (2024 - £583,497) was owed to a related party, the shareholder. This loan is charged a commercial rate of interest annually.
Also within creditors, as at 31st December 2025 was an amount of £nil (2024- £185,000) owed to a related party, for which the majority of the directors have a participating interest. This loan is interest free and is repayable on demand.
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).