Company Registration No. 08549922 (England and Wales)
Grey on Grey Limited
Unaudited accounts
for the year ended 31 May 2023
Grey on Grey Limited
Unaudited accounts
Contents
Grey on Grey Limited
Company Information
for the year ended 31 May 2023
Company Number
08549922 (England and Wales)
Registered Office
247 Church Street
London
N16 9HP
ENGLAND
Accountants
Wyatts Partnership Ltd
247 Church Street
London
N16 9HP
Grey on Grey Limited
Statement of financial position
as at 31 May 2023
Tangible assets
1,417
2,537
Cash at bank and in hand
8,976
20,193
Creditors: amounts falling due within one year
(12,758)
(4,282)
Net current assets
31,856
44,391
Total assets less current liabilities
33,273
46,928
Creditors: amounts falling due after more than one year
(33,878)
(43,514)
Net (liabilities)/assets
(605)
3,414
Called up share capital
1,000
1,000
Profit and loss account
(1,605)
2,414
Shareholders' funds
(605)
3,414
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 11 October 2023 and were signed on its behalf by
David Batchelor
Director
Company Registration No. 08549922
Grey on Grey Limited
Notes to the Accounts
for the year ended 31 May 2023
Grey on Grey Limited is a private company, limited by shares, registered in England and Wales, registration number 08549922. The registered office is 247 Church Street, London, N16 9HP, 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:
Land & buildings
Over the term of the lease
Plant & machinery
33% Reducing Balance
Fixtures & fittings
33% Reducing Balance
Computer equipment
33% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2022
11,344
3,520
14,864
At 31 May 2023
11,344
3,743
15,087
At 1 June 2022
9,262
3,065
12,327
Charge for the year
1,041
302
1,343
At 31 May 2023
10,303
3,367
13,670
At 31 May 2023
1,041
376
1,417
At 31 May 2022
2,082
455
2,537
Grey on Grey Limited
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
6
Investments held as current assets
2023
2022
Unlisted investments
4,159
4,159
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
60
154
Loans from directors
9,348
(688)
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).