Company Registration No. 11365958 (England and Wales)
Grate Catering and Events Ltd
Unaudited accounts
for the year ended 31 May 2023
Grate Catering and Events Ltd
Unaudited accounts
Contents
Grate Catering and Events Ltd
Company Information
for the year ended 31 May 2023
Company Number
11365958 (England and Wales)
Registered Office
36 Collins Road
Southsea
PO4 9NZ
United Kingdom
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Grate Catering and Events Ltd
Accountants' report
Accountants' report to the director of Grate Catering and Events Ltd on the preparation of the unaudited statutory accounts for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Grate Catering and Events Ltd for the year ended
31 May 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Grate Catering and Events Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Grate Catering and Events Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Grate Catering and Events Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Grate Catering and Events Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Grate Catering and Events Ltd. You consider that Grate Catering and Events 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 accounts of Grate Catering and Events 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 accounts.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
8 September 2023
Grate Catering and Events Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
22,022
27,276
Cash at bank and in hand
965
4,749
Creditors: amounts falling due within one year
(1,635)
(18,374)
Net current liabilities
(670)
(13,625)
Total assets less current liabilities
21,352
13,651
Creditors: amounts falling due after more than one year
(4,672)
(6,111)
Called up share capital
100
100
Profit and loss account
16,580
7,440
Shareholders' funds
16,680
7,540
For the year ending 31 May 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 September 2023 and were signed on its behalf by
Neil Mooney
Director
Company Registration No. 11365958
Grate Catering and Events Ltd
Notes to the Accounts
for the year ended 31 May 2023
Grate Catering and Events Ltd is a private company, limited by shares, registered in England and Wales, registration number 11365958. The registered office is 36 Collins Road, Southsea, PO4 9NZ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Computer equipment
25% reducing balance
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2022
30,773
6,950
37,723
At 31 May 2023
30,773
7,472
38,245
At 1 June 2022
8,565
1,882
10,447
Charge for the year
4,441
1,335
5,776
At 31 May 2023
13,006
3,217
16,223
At 31 May 2023
17,767
4,255
22,022
At 31 May 2022
22,208
5,068
27,276
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
1,281
17,940
Grate Catering and Events Ltd
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director loan account
(17,940)
30,407
13,748
(1,281)
(17,940)
30,407
13,748
(1,281)
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).