REGISTERED NUMBER: 08750140 (England and Wales)

GRGM RAINBOW PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2026

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTORS:

G M Rainbow

G R Rainbow

J Rainbow

J E Rainbow

REGISTERED OFFICE:

5-7 Queen Street

Southwell

Nottinghamshire

NG25 0AA

REGISTERED NUMBER:

08750140 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

14 London Road

Newark

Nottinghamshire

NG24 1TW

FIXED ASSETS

Investment property

4

948,160

948,160

CURRENT ASSETS

Cash at bank

20,112

28,140

CREDITORS

Amounts falling due within one year

5

11,937

13,700

NET CURRENT ASSETS

8,175

14,440

TOTAL ASSETS LESS CURRENT LIABILITIES

956,335

962,600

PROVISIONS FOR LIABILITIES

35,958

35,958

NET ASSETS

920,377

926,642

CAPITAL AND RESERVES

Called up share capital

6

68,000

68,000

Share premium

482,226

482,226

Fair value reserve

7

167,644

167,644

Retained earnings

202,507

208,772

SHAREHOLDERS' FUNDS

920,377

926,642

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by:

G R Rainbow - Director

1.	STATUTORY INFORMATION

GRGM Rainbow Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Revenue

Revenue is measured at the fair value of the rents received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue is recognised when the significant risks and rewards have passed to the customer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and that the costs incurred, or to be incurred, in respect of the transaction, can be measured reliably.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2025

and 31 July 2026

948,160

NET BOOK VALUE

At 31 July 2026

948,160

At 31 July 2025

948,160

Fair value at 31 July 2026 is represented by:

£

Valuation in 2017

203,602

Valuation in 2020

744,558

948,160

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation

10,666

12,489

Accrued expenses

1,271

1,211

11,937

13,700

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

68,000

Ordinary

£1

68,000

68,000

7.

RESERVES

Fair

value

reserve

£

At 1 August 2025

and 31 July 2026

167,644

The aggregate surplus on re-measurement of investment properties, net of associated deferred tax is transferred to a separate non-distributable revaluation reserve in order to assist with the identification of profits available for distribution.