GRIF STUDENT GROUND RENTS LIMITED

• ⚠

  Material uncertainty over going concern

  Notwithstanding our disclaimer of an opinion on the financial statements, we have considered the adequacy of the disclosure made in note 2 to the financial statements concerning the company's ability to continue as a going concern. The company is reliant on the support of Ground Rents Income Fund plc (the "Parent Company") for its day to day financing activities.

• ◆

  Audit opinion: Disclaimer of opinion

  Latest auditor's report carried a non-clean opinion.

1. GRIF STUDENT GROUND RENTS LIMITED 2013-02-07 → present
2. GRIF031 LIMITED 2012-10-10 → 2013-02-07

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Disclaimer of opinion

Going concern

Material uncertainty disclosed

“Notwithstanding our disclaimer of an opinion on the financial statements, we have considered the adequacy of the disclosure made in note 2 to the financial statements concerning the company's ability to continue as a going concern. The company is reliant on the support of Ground Rents Income Fund plc (the "Parent Company") for its day to day financing activities.”

Significant events

• “On 20 December 2024 the company sold it's freehold ground rent interest at another property in Yorkshire for £0.2 million. This sale aligns with the independent portfolio valuation as of 30 September 2024 and reflects a net initial yield of 5.3%.”
• “On 31 March 2025, the Company's portfolio was independently valued at £651,631 by the valuer, showing a like-for-like reduction of £72,403 or -10% compared with the independent valuation as at 30 September 2024.”
• “In April 2025, the United States of America initiated sweeping tariff arrangements against their global trading partners. This has heightened macro-economic uncertainty, with potential for escalating trade policy responses from their trade counterpart countries, and significant impact to global trade.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -1.1%

  £98,861 → £97,792

• Cash

  —

  Not reported

• Net assets

  -98.6%

  £1,084,314 → £15,289

• Employees

  —

  Not reported

• Operating profit

  -556.9%

  -£162,732 → -£1,069,025

• Profit before tax

  -556.9%

  -£162,732 → -£1,069,025

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers