Silverfin false 31/12/2022 01/01/2022 31/12/2022 Mr K Sayed Mehdi 17/01/2018 Mr B Te Voortwis 17/01/2018 10 October 2023 The principal activity of the Company during the financial year was the processing and sale of meat. 11154329 2022-12-31 11154329 bus:Director1 2022-12-31 11154329 bus:Director2 2022-12-31 11154329 core:CurrentFinancialInstruments 2022-12-31 11154329 core:CurrentFinancialInstruments 2021-12-31 11154329 2021-12-31 11154329 core:ShareCapital 2022-12-31 11154329 core:ShareCapital 2021-12-31 11154329 core:RetainedEarningsAccumulatedLosses 2022-12-31 11154329 core:RetainedEarningsAccumulatedLosses 2021-12-31 11154329 bus:OrdinaryShareClass1 2022-12-31 11154329 2022-01-01 2022-12-31 11154329 bus:FullAccounts 2022-01-01 2022-12-31 11154329 bus:SmallEntities 2022-01-01 2022-12-31 11154329 bus:AuditExemptWithAccountantsReport 2022-01-01 2022-12-31 11154329 bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 11154329 bus:Director1 2022-01-01 2022-12-31 11154329 bus:Director2 2022-01-01 2022-12-31 11154329 2021-01-01 2021-12-31 11154329 bus:OrdinaryShareClass1 2022-01-01 2022-12-31 11154329 bus:OrdinaryShareClass1 2021-01-01 2021-12-31 11154329 1 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11154329 (England and Wales)

GRUTTO.COM LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2022
Pages for filing with the registrar

GRUTTO.COM LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2022

Contents

GRUTTO.COM LIMITED

COMPANY INFORMATION

For the financial year ended 31 December 2022
GRUTTO.COM LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2022
DIRECTORS Mr K Sayed Mehdi
Mr B Te Voortwis
REGISTERED OFFICE Centenary House Peninsula Park
Rydon Lane
Exeter
EX2 7XE
United Kingdom
COMPANY NUMBER 11154329 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Centenary House
Peninsula Park
Rydon Lane
Exeter
Devon EX2 7XE
GRUTTO.COM LIMITED

BALANCE SHEET

As at 31 December 2022
GRUTTO.COM LIMITED

BALANCE SHEET (continued)

As at 31 December 2022
2022 2021
£ £
Current assets
Debtors 3 464 11
Cash at bank and in hand 411 474
875 485
Creditors: amounts falling due within one year 4 ( 263,659) ( 260,026)
Net current liabilities (262,784) (259,541)
Total assets less current liabilities (262,784) (259,541)
Net liabilities ( 262,784) ( 259,541)
Capital and reserves
Called-up share capital 5 1,000 1,000
Profit and loss account ( 263,784 ) ( 260,541 )
Total shareholder's deficit ( 262,784) ( 259,541)

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

Directors' responsibilities:

The financial statements of Grutto.com Limited (registered number: 11154329) were approved and authorised for issue by the Board of Directors on 10 October 2023. They were signed on its behalf by:

Mr B Te Voortwis
Director
GRUTTO.COM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2022
GRUTTO.COM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2022
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Grutto.com Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Centenary House Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

For Grutto, the Group remains committed to fund the entity throughout 2023. The intentions of the group is to continue exploring the opportunities in the UK market. The directors believe that the financial statements should be prepared on a going concern basis.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Fair value measurement
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

2. Employees

2022 2021
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Debtors

2022 2021
£ £
Other debtors 464 11

4. Creditors: amounts falling due within one year

2022 2021
£ £
Trade creditors 2,729 0
Amounts owed to Group undertakings 258,984 257,915
Other creditors 1,946 2,111
263,659 260,026

5. Called-up share capital

2022 2021
£ £
Allotted, called-up and not yet paid
1,000 Ordinary shares of £ 1.00 each 1,000 1,000

6. Ultimate controlling party

The parent company is Grutto.com B.V, a company incorporated in The Netherlands. The address of its registered office is Rijksstraatweg 9C, 1396 JC Baambrugge.