Company Registration No. 09032171 (England and Wales)
Graysons Properties Limited
Unaudited accounts
for the year ended 31 October 2023
Graysons Properties Limited
Unaudited accounts
Contents
Graysons Properties Limited
Company Information
for the year ended 31 October 2023
Directors
Akash Ghai
Mellanie Holland
Chander Kant Sehgal
Company Number
09032171 (England and Wales)
Registered Office
WEST ONE ASAMA COURT
NEWCASTLE BUSINESS PARK
NEWCASTLE UPON TYNE
NE4 7YD
UNITED KINGDOM
Accountants
Best Accounting Services Limited
16 Countess Way
Shiremoor
Newcastle upon Tyne
Tyne and Wear
NE27 0FN
Graysons Properties Limited
Statement of financial position
as at 31 October 2023
Tangible assets
167,049
174,817
Cash at bank and in hand
(21,716)
24,239
Creditors: amounts falling due within one year
(432,320)
(86,877)
Net current (liabilities)/assets
(142,099)
160,306
Total assets less current liabilities
24,950
335,123
Creditors: amounts falling due after more than one year
(70,833)
(532,585)
Net liabilities
(45,883)
(197,462)
Profit and loss account
(45,883)
(197,462)
Shareholders' funds
(45,883)
(197,462)
For the year ending 31 October 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 5 February 2024 and were signed on its behalf by
Akash Ghai
Director
Company Registration No. 09032171
Graysons Properties Limited
Notes to the Accounts
for the year ended 31 October 2023
Graysons Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 09032171. The registered office is WEST ONE ASAMA COURT, NEWCASTLE BUSINESS PARK, NEWCASTLE UPON TYNE, NE4 7YD, UNITED KINGDOM.
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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:
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Tangible fixed assets
Total
At 1 November 2022
214,364
At 31 October 2023
227,312
Charge for the year
20,716
At 31 October 2023
167,049
At 31 October 2022
174,817
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Average number of employees
During the year the average number of employees was 11 (2022: 11).