Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31truetrueNo description of principal activity22022-04-01false2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10650318 2022-04-01 2023-03-31 10650318 2021-04-01 2022-03-31 10650318 2023-03-31 10650318 2022-03-31 10650318 c:Director1 2022-04-01 2023-03-31 10650318 d:CurrentFinancialInstruments 2023-03-31 10650318 d:CurrentFinancialInstruments 2022-03-31 10650318 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10650318 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 10650318 d:ShareCapital 2023-03-31 10650318 d:ShareCapital 2022-03-31 10650318 d:RetainedEarningsAccumulatedLosses 2023-03-31 10650318 d:RetainedEarningsAccumulatedLosses 2022-03-31 10650318 c:FRS102 2022-04-01 2023-03-31 10650318 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10650318 c:FullAccounts 2022-04-01 2023-03-31 10650318 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10650318 e:PoundSterling 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 10650318










GRM SERVICES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
GRM SERVICES LIMITED
REGISTERED NUMBER: 10650318

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
200,000
-

Current asset investments
 5 
156,104
156,104

Cash at bank and in hand
 6 
7,830
202,833

  
363,934
358,937

Creditors: amounts falling due within one year
 7 
(25,629)
(629)

Net current assets
  
 
 
338,305
 
 
358,308

Total assets less current liabilities
  
338,305
358,308

  

Net assets
  
338,305
358,308


Capital and reserves
  

Called up share capital 
  
5
5

Profit and loss account
  
338,300
358,303

  
338,305
358,308


Page 1

 
GRM SERVICES LIMITED
REGISTERED NUMBER: 10650318

BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 November 2023.




G. Simons
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
GRM SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

The company is a private company limited by shares and was incorporated in England and Wales. The registered office is:
Kingsridge House,
601 London Road,
Westcliff-On-Sea,
Essex,
SS0 9PE.
 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 3

 
GRM SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Debtors

2023
2022
£
£


Other debtors
200,000
-

200,000
-



5.


Current asset investments

2023
2022
£
£

Unlisted investments
156,104
156,104

156,104
156,104


The current asset investment is made up of shares held £305 (2022 £305) and loans £155,799 (2022 £155,799).
Shares to the value of £305 are held by a bank as security.


6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
7,830
202,833

7,830
202,833



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Directors loan account
25,629
629

25,629
629


Page 4

 
GRM SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

8.


Related party transactions

Other debtors in the amount of £200,000 (2022 £Nil) is a loan to a company in which a director of this company is a director and non controlling shareholder.


Page 5