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REGISTERED NUMBER: 04026334 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

GRANGE ESTATES (MIDLANDS) LIMITED

GRANGE ESTATES (MIDLANDS) LIMITED (REGISTERED NUMBER: 04026334)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GRANGE ESTATES (MIDLANDS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: M S Telford
Mrs C S Telford





SECRETARY: M S Telford





REGISTERED OFFICE: 135b Barton Road
Barton Seagrave
Kettering
Northamptonshire
NN15 6RT





REGISTERED NUMBER: 04026334 (England and Wales)

GRANGE ESTATES (MIDLANDS) LIMITED (REGISTERED NUMBER: 04026334)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 808 1,636

CURRENT ASSETS
Debtors 5 6,250 12,500
Cash at bank 27,018 10,455
33,268 22,955
CREDITORS
Amounts falling due within one year 6 10,654 17,284
NET CURRENT ASSETS 22,614 5,671
TOTAL ASSETS LESS CURRENT LIABILITIES 23,422 7,307

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 23,222 7,107
SHAREHOLDERS' FUNDS 23,422 7,307

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2024 and were signed on its behalf by:





M S Telford - Director


GRANGE ESTATES (MIDLANDS) LIMITED (REGISTERED NUMBER: 04026334)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Grange Estates (Midlands) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of properties and other work performed, excluding value added tax, plus attributable profit on long term contracts ascertained by reference to the value of work carried out.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

GRANGE ESTATES (MIDLANDS) LIMITED (REGISTERED NUMBER: 04026334)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2022
and 30 June 2023 674 5,000 9,258 14,932
DEPRECIATION
At 1 July 2022 674 4,110 8,512 13,296
Charge for year - 223 605 828
At 30 June 2023 674 4,333 9,117 14,124
NET BOOK VALUE
At 30 June 2023 - 667 141 808
At 30 June 2022 - 890 746 1,636

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments and accrued income 6,250 12,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Social security and other taxes 448 520
Directors' current accounts 9,256 15,814
Accruals and deferred income 950 950
10,654 17,284