Frelene (Grosvenor Street) Limited,Ltd - AccountsLtd - Accounts
Frelene (Grosvenor Street) Limited,Ltd - AccountsLtd - Accounts
| Registered Number:09870571 |
For the year ended 30 April 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2023
Frelene (Grosvenor Street) Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
| Registered Number : |
| As at |
Frelene (Grosvenor Street) Limited
Statement of Financial Position
| £ |
| £ |
2022
2023
| Notes |
| Fixed assets |
2
| Investment property |
| Current assets |
| Trade and other receivables |
3
| Cash and cash equivalents |
| Trade and other payables: amounts falling due within one |
| year |
(10,314,749 )
(2,729,221 )
4
(7,709,501)
(620,346 )
Net current liabilities
| Total assets less current liabilities |
| Trade and other payables: amounts falling due after more |
| than one year |
(49,942,806 )
(58,725,230 )
5
(2,000,000 )
(2,000,000 )
| Provisions for liabilities |
(1,345,576 )
Net assets/liabilities
| Capital and reserves |
| Called up share capital |
| Revaluation reserve |
6
| Retained earnings |
(10,543,929 )
(9,162,365 )
(1,345,576 )
Shareholders' funds
| 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| These financial statements were approved and authorised for issue by the Board on |
1 of 4
4
| Registered Number : |
For the year ended 30 April 2023
Frelene (Grosvenor Street) Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
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5
For the year ended 30 April 2023
Frelene (Grosvenor Street) Limited
Notes to the Financial Statements
Statutory Information
| Frelene (Grosvenor Street) Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 09870571. |
| Registered address: |
1c Oundle Avenue
Bushey
Herts
WD23 4QG
| The presentation currency is £ sterling. |
| 1. Accounting policies |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
| modified by the revaluation of certain assets. |
Investment property
FInancial Instruments
| The company only enters into basic financial instruments transactions that result in the recognition of financial assets |
| and liabilities like trade and other debtors, loans from banks and loans from and to related parties. |
| 2. Investment property |
| Total |
| £ |
| Fair value |
| At 01 May 2022 |
| At 30 April 2023 |
| Net book value |
| At 30 April 2023 |
| At 30 April 2022 |
| 3. Trade and other receivables |
2022
2023
| £ |
| £ |
| Trade debtors |
| Amounts owed by group undertakings and participating interests |
| Other debtors |
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6
For the year ended 30 April 2023
Frelene (Grosvenor Street) Limited
Notes to the Financial Statements Continued
| 4. Trade and other payables: amounts falling due within one year |
2022
2023
| £ |
| £ |
| Bank loans and overdraft (secured) |
| Other creditors |
| 5. Trade and other payables: amounts falling due after more than one year |
2022
2023
| £ |
| £ |
| Bank loans and overdraft (secured) |
58,725,230
33,942,806
| Amounts owed to group undertaking and undertaking in which the |
| company has a participating interest |
| 6. Reserves |
| Total |
| £ |
| Revaluation reserve at 01 May 2022 |
9,509,958
| Revaluation of fixed assets |
(311,705)
9,198,253
| Revaluation reserve at 30 April 2023 |
| 7. Average number of persons employed |
During the year the average number of employees was 0
| 8. Parent-subsidiary relationship |
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