Company Registration No. 01615976 (England and Wales)
GRAY VENTURES LIMITED
Unaudited accounts
for the year ended 31 January 2023
GRAY VENTURES LIMITED
Unaudited accounts
Contents
GRAY VENTURES LIMITED
Company Information
for the year ended 31 January 2023
Company Number
01615976 (England and Wales)
Registered Office
270 NEWHAMPTON ROAD EAST
WOLVERHAMPTON
WV1 4AW
ENGLAND
Accountants
Henshaws Accountants
Office 7
37-39 Shakespeare Street
Southport
PR8 5AB
GRAY VENTURES LIMITED
Statement of financial position
as at 31 January 2023
Tangible assets
101,569
101,569
Cash at bank and in hand
17,582
3,917
Creditors: amounts falling due within one year
(28,535)
(14,070)
Net current liabilities
(10,410)
(9,610)
Total assets less current liabilities
91,159
91,959
Creditors: amounts falling due after more than one year
(3,728)
(13,728)
Called up share capital
100
100
Profit and loss account
87,331
78,131
Shareholders' funds
87,431
78,231
For the year ending 31 January 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 13 September 2023 and were signed on its behalf by
J Gray
Director
Company Registration No. 01615976
GRAY VENTURES LIMITED
Notes to the Accounts
for the year ended 31 January 2023
GRAY VENTURES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01615976. The registered office is 270 NEWHAMPTON ROAD EAST, WOLVERHAMPTON, WV1 4AW, ENGLAND.
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.
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.
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:
Plant & machinery
33% Straight line
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2022
101,569
255
101,824
At 31 January 2023
101,569
255
101,824
At 1 February 2022
-
255
255
At 31 January 2023
-
255
255
At 31 January 2023
101,569
-
101,569
At 31 January 2022
101,569
-
101,569
Amounts falling due within one year
Accrued income and prepayments
543
543
GRAY VENTURES LIMITED
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,700
1,700
Loans from directors
26,048
11,583
7
Creditors: amounts falling due after more than one year
2023
2022
Trade creditors
3,728
13,728
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).