Greenslade Properties Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03629230

Greenslade Properties Ltd

Filleted Unaudited Financial Statements

31 December 2025

Greenslade Properties Ltd

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Investments	5		200	101

Current assets

Stocks		8,410,408	4,975,842
Debtors	6	2,823,458	2,450,229
Cash at bank and in hand		1,864	3,307
		-------------	------------
		11,235,730	7,429,378

Creditors: amounts falling due within one year	7	9,248,571		5,087,460
		-------------		------------
Net current assets			1,987,159	2,341,918
			------------	------------
Total assets less current liabilities			1,987,359	2,342,019
			------------	------------
Net assets			1,987,359	2,342,019
			------------	------------

Capital and reserves

Called up share capital	31,750	31,750
Profit and loss account	1,955,609	2,310,269
	------------	------------
Shareholders funds	1,987,359	2,342,019
	------------	------------

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 comprehensive income 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 .

Greenslade Properties Ltd

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 25 August 2026 , and are signed on behalf of the board by:

R Pankhania

Director

Company registration number: 03629230

Greenslade Properties Ltd

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 address of the registered office is 173 Cleveland Street, London, W1T 6QR. The trading address of the company is Stanmore House, 15-19 Church Road, Stanmore, Middlesex, HA7 4AR.

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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover comprises of proceeds from property sales, rental income and other fees receivable and is stated net of value added tax where appropriate. Revenue relating to property sales is recognised when legally binding contracts which are irrevocable and effectively unconditional are exchanged and, when completion has taken place prior to the date on which the financial statements are approved.

Stocks

Stocks which comprises of development properties are valued at the lower of cost and estimated net realisable value. Stock includes principally the property cost, construction costs, project management costs and all associated costs incurred during the course of development. Net realisable value is the price at which the stock can be realised in the normal course of business, less further costs to completion of sale. Interest and loan arrangement fees payable to acquire properties for resale is written off as incurred.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2025	101
Additions	100
Disposals	( 1)
	----
At 31 December 2025	200
	----
Impairment
At 1 January 2025 and 31 December 2025	–
	----

Carrying amount
At 31 December 2025	200
	----
At 31 December 2024	101
	----

6. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	2,791,065	2,425,969
Other debtors	32,393	24,260
	------------	------------
	2,823,458	2,450,229
	------------	------------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	3,437,489	99,417
Other creditors	5,811,082	4,988,043
	------------	------------
	9,248,571	5,087,460
	------------	------------

8. Related party transactions

The company has taken advantage of the exemption afforded by FRS 102 not to disclose transactions or balances with other wholly owned members of the group.