Registered number
13445571
9 AND 11 GRANTLEY ROAD LIMITED
Filleted Accounts
30 June 2023
9 AND 11 GRANTLEY ROAD LIMITED
Registered number: 13445571
Balance Sheet
as at 30 June 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 15,728 -
Current assets
Cash at bank and in hand - 4
Creditors: amounts falling due within one year 4 (15,995) -
Net current (liabilities)/assets (15,995) 4
Net (liabilities)/assets (267) 4
Capital and reserves
Called up share capital 4 4
Profit and loss account (271) -
Shareholder's funds (267) 4
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Pardeep Bakshi
Director
Approved by the board on 28 March 2024
9 AND 11 GRANTLEY ROAD LIMITED
Notes to the Accounts
for the year ended 30 June 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 18% reducing balance
Fixtures, fittings, tools and equipment 18% reducing balance
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
Additions 15,728
At 30 June 2023 15,728
Depreciation
At 30 June 2023 -
Net book value
At 30 June 2023 15,728
4 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 15,995 -
5 Other information
9 AND 11 GRANTLEY ROAD LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
9 Grantley Road
Hounslow
Middlesex
United Kingdom
TW4 7QH
9 AND 11 GRANTLEY ROAD LIMITED 13445571 false 2022-07-01 2023-06-30 2023-06-30 VT Final Accounts October 2023 release 2 Pardeep Bakshi No description of principal activity 13445571 2021-07-01 2022-06-30 13445571 core:WithinOneYear 2022-06-30 13445571 core:ShareCapital 2022-06-30 13445571 core:RetainedEarningsAccumulatedLosses 2022-06-30 13445571 2022-07-01 2023-06-30 13445571 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 13445571 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 13445571 bus:Director40 2022-07-01 2023-06-30 13445571 core:LandBuildings 2022-07-01 2023-06-30 13445571 countries:England 2022-07-01 2023-06-30 13445571 bus:FRS102 2022-07-01 2023-06-30 13445571 bus:FullAccounts 2022-07-01 2023-06-30 13445571 2023-06-30 13445571 core:WithinOneYear 2023-06-30 13445571 core:ShareCapital 2023-06-30 13445571 core:RetainedEarningsAccumulatedLosses 2023-06-30 13445571 core:LandBuildings 2023-06-30 13445571 2022-06-30 iso4217:GBP xbrli:pure