GR International Drilling Ltd 11674375 that of a trading or holdng company false 1 January 2022 11674375 2022-01-01 2022-12-31 11674375 2021-12-31 11674375 2022-12-31 11674375 2021-01-01 2021-12-31 11674375 2020-12-31 11674375 2021-12-31 11674375 frs102-bus:FRS102 2022-01-01 2022-12-31 11674375 frs102-bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 11674375 frs102-bus:FullAccounts 2022-01-01 2022-12-31 11674375 frs102-bus:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 11674375 frs102-core:Non-currentFinancialInstruments 2022-12-31 11674375 frs102-core:Non-currentFinancialInstruments 2021-12-31 11674375 frs102-core:ShareCapital 2022-12-31 11674375 frs102-core:ShareCapital 2021-12-31 11674375 frs102-core:RetainedEarningsAccumulatedLosses 2022-12-31 11674375 frs102-core:RetainedEarningsAccumulatedLosses 2021-12-31 11674375 frs102-bus:Director1 2022-01-01 2022-12-31 11674375 frs102-bus:OrdinaryShareClass1 2022-12-31 11674375 frs102-bus:OrdinaryShareClass1 2021-12-31 11674375 frs102-bus:OrdinaryShareClass1 2022-01-01 2022-12-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
11674375
GR International Drilling Ltd
Unaudited Accounts
for the year ended
31 December 2022
GR International Drilling Ltd
Balance Sheet
as at 31 December 2022
Notes
2022
$
2021
$
Fixed assets
Investments 11,831 10,577
11,831 10,577
Current assets
Debtors 540 486
540 486
Net current assets / (liabilities) 540 486
Total assets less current liabilities 12,371 11,063
Creditors: amounts falling due after more than one year (11,831) (10,577)
Provisions for liabilities (0) (0)
Total net assets (liabilities) 540 486
Capital and reserves
Called up share capital 3 500 500
Profit and loss account 40 (14)
Shareholders' funds 540 486

GR International Drilling Ltd
Balance Sheet
as at 31 December 2022



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Ms C Luque Frances

Director


Approved by the board on 30 September 2023

Company Number: 11674375 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

61 Bridge Street
Kington
HR5 3DJ

GR International Drilling Ltd
Notes to the Accounts
for the year ended 31 December 2022

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is US dollars.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.
Foreign currencies
Transactions in foreign currencies other than the functional currency of the company are recorded at the rate of exchange on the date the transaction occurred. Monetary assets and liabilities in foreign currencies are translated at the rates prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items measured at historic cost in a foreign currency are recorded at that historic value.
Valuation information and policy
The participation in a group company is stated at cost.
Other accounting policies
The directors are of the opinion that there is no group of companies which require separate consolidated accounts.
2. Employees
2022 2021
Average number of employees during the period 0 0

3. Share capital
2022 2021
$ $
Allotted, called up and fully paid:
500 (2021: 500) Ordinary shares of $1.00 each 500 500
500 500