2022-06-01 SC267435 2023-05-31 SC267435 2022-06-01 2023-05-31 SC267435 2022-05-31 SC267435 2021-06-01 2022-05-31 SC267435 uk-core:WithinOneYear 2022-05-31 SC267435 uk-core:WithinOneYear 2023-05-31 SC267435 uk-core:ShareCapital 2023-05-31 SC267435 uk-core:ShareCapital 2022-05-31 SC267435 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 SC267435 uk-core:RetainedEarningsAccumulatedLosses 2022-05-31 SC267435 uk-bus:Director1 2022-06-01 2023-05-31 SC267435 uk-bus:Director2 2022-06-01 2023-05-31 SC267435 uk-core:FurnitureFittings 2022-06-01 2023-05-31 SC267435 uk-core:Goodwill 2022-05-31 SC267435 uk-core:Goodwill 2023-05-31 iso4217:GBP xbrli:pure SC267435 uk-bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 SC267435 uk-bus:FRS102 2022-06-01 2023-05-31 SC267435 uk-bus:FullAccounts 2022-06-01 2023-05-31 SC267435 uk-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31
Napier Gray Ltd
Registered Number:SC267435
For the year ended 31 May 2023
Scotland
Unaudited Financial Statements
2
For the year ended 31 May 2023
Napier Gray Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
SC267435
As at 31 May 2023
Napier Gray Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
2
2
3
2
2
Current assets
Inventories
3,000
17,000
4
Trade and other receivables
7,549
2,439
5
50,154
Cash and cash equivalents
42,213
61,652
60,703
Trade and other payables: amounts falling due within one
year
(21,553)
(21,792)
6
39,150
39,860
Net current assets
Total assets less current liabilities
39,862
39,152
39,862
Net assets
39,152
Capital and reserves
Called up share capital
2
2
Retained earnings
39,860
39,150
39,862
39,152
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the
end of each financial year and of its profit or loss for each financial year in accordance with the requirements
of Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006
relating to financial statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Allan Gray Director
David Napier Director
These financial statements were approved and authorised for issue by the Board on 01 December 2023 and were signed by:
1 of 5
4
Registered Number :
SC267435
For the year ended 31 May 2023
Napier Gray Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 5
5
For the year ended 31 May 2023
Napier Gray Ltd
Notes to the Financial Statements
Statutory Information
Napier Gray Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC267435.
Registered address:
54 Gordon Street
Glasgow
G1 3PU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% Reducing balance
Fixtures and fittings
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 June 2022
75,000
At 31 May 2023
75,000
Amortisation
At 01 June 2022
75,000
At 31 May 2023
75,000
Net book value
At 31 May 2023
-
At 31 May 2022
-
3 of 5
6
For the year ended 31 May 2023
Napier Gray Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment
Fixtures and
fittings
£
Cost or
valuation
At 01 June 2022
7,822
At 31 May 2023
7,822
Provision for depreciation and impairment
At 01 June 2022
7,820
At 31 May 2023
7,820
At 31 May 2023
Net book value
2
At 31 May 2022
2
4. Inventories
2022
2023
£
£
Stocks
17,000
3,000
5. Trade and other receivables
2022
2023
£
£
Trade debtors
1,444
5,504
Other debtors
995
2,045
7,549
2,439
6. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
-
(1)
Taxation and social security
4,508
5,501
Other creditors
17,284
16,053
21,792
21,553
7. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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7
For the year ended 31 May 2023
Napier Gray Ltd
Notes to the Financial Statements Continued
5 of 5