1 June 2022 false No description of principal activity Taxfiler 2023.11.1 12596420business:PrivateLimitedCompanyLtd2022-06-012023-05-31 125964202022-05-31 125964202022-06-012023-05-31 12596420business:AuditExempt-NoAccountantsReport2022-06-012023-05-31 12596420business:FilletedAccounts2022-06-012023-05-31 125964202023-05-31 12596420business:Director12022-06-012023-05-31 12596420business:Director22022-06-012023-05-31 12596420business:RegisteredOffice2022-06-012023-05-31 125964202022-05-31 12596420core:WithinOneYear2023-05-31 12596420core:WithinOneYear2022-05-31 12596420core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 12596420core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 12596420core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 12596420core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 12596420core:PreviouslyStatedAmount2023-05-31 12596420core:PreviouslyStatedAmount2022-05-31 12596420business:SmallEntities2022-06-012023-05-31 12596420countries:EnglandWales2022-06-012023-05-31 12596420core:MotorVehicles2022-05-31 12596420core:MotorVehicles2022-06-012023-05-31 12596420core:MotorVehicles2023-05-31 12596420core:AfterOneYear2023-05-31 12596420core:AfterOneYear2022-05-31 125964202021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 12596420 (England and Wales)
Greyglass Ltd Filleted Accounts for the year ended 31 May 2023
Greyglass Ltd Filleted Accounts Contents
Page
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Greyglass Ltd Company Information for the year ended 31 May 2023
Directors
Tomas Baciliunas Virginijus Garuolis
Company Number
12596420 (England and Wales)
Registered Office
77 HILLBURY ROAD LONDON SW17 8JT ENGLAND
Accountants
Klevas Consulting Ltd OneSixSix 166 College Road Harrow Middlesex HA1 1BH
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Greyglass Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,211 
14,266 
Current assets
Debtors
(22,817)
27,482 
Cash at bank and in hand
5,390 
12,615 
(17,427)
40,097 
Creditors: amounts falling due within one year
(2,672)
(32,651)
Net current (liabilities)/assets
(20,099)
7,446 
Net assets
112 
21,712 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12 
21,612 
Shareholders' funds
112 
21,712 
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 directors acknowledge their 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 of Directors and authorised for issue on 22 August 2023 and were signed on its behalf by
Tomas Baciliunas Director Company Registration No. 12596420
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Greyglass Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Greyglass Ltd is a private company, limited by shares, registered in England and Wales, registration number 12596420. The registered office is 77 HILLBURY ROAD, LONDON, SW17 8JT, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2022
17,833 
Additions
11,890 
At 31 May 2023
29,723 
Depreciation
At 1 June 2022
3,567 
Charge for the year
5,945 
At 31 May 2023
9,512 
Net book value
At 31 May 2023
20,211 
At 31 May 2022
14,266 
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Greyglass Ltd Notes to the Accounts for the year ended 31 May 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,120 
27,941 
Accrued income and prepayments
(81,601)
- 
Other debtors
35,464 
(459)
(37,017)
27,482 
Amounts falling due after more than one year
Other debtors
14,200 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(602)
(7,534)
Trade creditors
2,759 
25,061 
Taxes and social security
515 
15,124 
2,672 
32,651 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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