GRANGEKEEP LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01649427 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2020

FOR

GRANGEKEEP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs P A Ringwood

Mrs L L Adams

Mr J Whaley

Mr J N Whaley

REGISTERED OFFICE:

Units SCF 1 & 2, South Core

Western International Market

Hayes Road

Southall

Middlesex

UB2 5XJ

REGISTERED NUMBER:

01649427 (England and Wales)

ACCOUNTANTS:

Cooper Dawn Jerrom Limited

Chartered Accountants

Units SCF 1 & 2

Western International Market

Hayes Road

Southall

Middlesex

UB2 5XJ

FIXED ASSETS

Investments

4

278,677

259,231

Investment property

5

774,077

774,077

1,052,754

1,033,308

CURRENT ASSETS

Debtors

6

267

2,696

Cash at bank

38,276

60,830

38,543

63,526

CREDITORS

Amounts falling due within one year

7

(14,787

)

(19,511

)

NET CURRENT ASSETS

23,756

44,015

TOTAL ASSETS LESS CURRENT LIABILITIES

1,076,510

1,077,323

PROVISIONS FOR LIABILITIES

(83,023

)

(83,023

)

NET ASSETS

993,487

994,300

CAPITAL AND RESERVES

Called up share capital

2,720

2,720

Share premium

195,555

195,555

Revaluation reserve

8

464,466

464,466

Retained earnings

330,746

331,559

SHAREHOLDERS' FUNDS

993,487

994,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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 7 October 2020 and were signed on its behalf by:

Mr J N Whaley - Director

1.	STATUTORY INFORMATION

GRANGEKEEP 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2019 - 4 ) .

4.	FIXED ASSET INVESTMENTS

The market value of the listed investments at the year end was £389,390 (2019 - £388,262)

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2019

and 31 March 2020

774,077

NET BOOK VALUE

At 31 March 2020

774,077

At 31 March 2019

774,077

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Other debtors

243

1,279

Tax on Director's loan

Mrs Ringwood

-

1,417

Prepayments and accrued income

24

-

267

2,696

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Taxation and social security

7,747

7,631

Other creditors

7,040

11,880

14,787

19,511

8.

RESERVES

Revaluation

reserve

£

At 1 April 2019

and 31 March 2020

464,466

9.	RELATED PARTY DISCLOSURES

There were no transactions which needed to be disclosed under the Financial Reporting Standard for Smaller Entities

( effective January 2016 ).

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr J N Whaley (Trustee for FPWTrust).