Company registration number 11167748 (England and Wales)
GRAYSWOOD DEVELOPMENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
GRAYSWOOD DEVELOPMENTS LTD
COMPANY INFORMATION
Directors
Mrs B K Micklewright
Mr Nick Micklewright
Company number
11167748
Registered office
Enterprise House
352 Bearwood Rd
Bearwood
Birmingham
B66 4ET
Accountants
Patara is a trading style of Andersons Accountant & Tax Adv
Enterprise House
352 Bearwood Rd
Bearwood
Birmingham
B66 4ET
Business address
47 Derry Close
Harborne
Birmingham
England
B17 0TR
GRAYSWOOD DEVELOPMENTS LTD
CONTENTS
Page
Directors' report
1
Accountants' report
2
Profit and loss account
3
Balance sheet and notes to the financial statements
4
GRAYSWOOD DEVELOPMENTS LTD
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 JANUARY 2023
- 1 -
The directors present their annual report and financial statements for the year ended 31 January 2023.
Principal activities
The principal activity of the company is that of interior designer and management of real estate.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Mrs B K Micklewright
Mr Nick Micklewright
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.
On behalf of the board
Mr Nick Micklewright
Director
18 October 2023
GRAYSWOOD DEVELOPMENTS LTD
ICAEW - CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF GRAYSWOOD DEVELOPMENTS LTD FOR THE YEAR ENDED 31 JANUARY 2023
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Grayswood Developments Ltd for the year ended 31 January 2023, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Grayswood Developments Ltd, as a body, in accordance with the terms of our engagement letter dated 1 October 2020. Our work has been undertaken solely to prepare for your approval the financial statements of Grayswood Developments Ltd and state those matters that we have agreed to state to the board of directors of Grayswood Developments Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Grayswood Developments Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Grayswood Developments Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Grayswood Developments Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Grayswood Developments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Patara is a trading style of Andersons Accountant & Tax Adv
18 October 2023
ICAEW - Chartered Accountants
Enterprise House
352 Bearwood Rd
Bearwood
Birmingham
B66 4ET
GRAYSWOOD DEVELOPMENTS LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 JANUARY 2023
- 3 -
2023
2022
£
£
Turnover
29,000
24,000
Other income
5,365
Staff costs
(23,419)
(9,685)
Other charges
(5,359)
(4,580)
Tax
(42)
(2,869)
Profit
180
12,231
GRAYSWOOD DEVELOPMENTS LTD
BALANCE SHEET
AS AT
31 JANUARY 2023
31 January 2023
- 4 -
2023
2022
£
£
£
£
Current assets
116,985
87,267
Creditors: amounts falling due within one year
(41,702)
(4,164)
Net current assets
75,283
83,103
Net assets
75,283
83,103
Capital and reserves
75,283
83,103
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
Grayswood Developments Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Enterprise House, 352 Bearwood Rd, Bearwood, Birmingham, B66 4ET.
For the year ended 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 18 October 2023 and are signed on its behalf by:
Mrs B K Micklewright
Director
Company Registration Number 11167748
GRAYSWOOD DEVELOPMENTS LTD
MANAGEMENT INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023