Company Registration No. 12995448 (England and Wales)
Grovelynn Limited
Unaudited accounts
for the year ended 30 November 2023
Grovelynn Limited
Unaudited accounts
Contents
Grovelynn Limited
Company Information
for the year ended 30 November 2023
Company Number
12995448 (England and Wales)
Registered Office
11 Dunraven Place
Bridgend
Mid Glamorgan
CF31 1JF
Wales
Grovelynn Limited
Statement of financial position
as at 30 November 2023
Intangible assets
67,050
67,050
Tangible assets
181,818
231,404
Cash at bank and in hand
1,540
1,049
Creditors: amounts falling due within one year
(366,248)
(416,617)
Net current liabilities
(353,916)
(403,392)
Total assets less current liabilities
(105,048)
(104,938)
Creditors: amounts falling due after more than one year
(44,540)
(100,000)
Net liabilities
(149,588)
(204,938)
Called up share capital
2
2
Profit and loss account
(149,590)
(204,940)
Shareholders' funds
(149,588)
(204,938)
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 1 December 2023 and were signed on its behalf by
Michal Zajac
Director
Company Registration No. 12995448
Grovelynn Limited
Notes to the Accounts
for the year ended 30 November 2023
Grovelynn Limited is a private company, limited by shares, registered in England and Wales, registration number 12995448. The registered office is 11 Dunraven Place, , Bridgend, Mid Glamorgan, CF31 1JF, Wales.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 30 November 2023
67,050
At 30 November 2023
67,050
At 30 November 2022
67,050
Grovelynn Limited
Notes to the Accounts
for the year ended 30 November 2023
5
Tangible fixed assets
Plant & machinery
At 1 December 2022
330,576
At 30 November 2023
330,576
Charge for the year
49,586
At 30 November 2023
148,758
At 30 November 2023
181,818
At 30 November 2022
231,404
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
224,621
221,022
Taxes and social security
14,278
15,263
Other creditors
64,088
111,077
Loans from directors
45,304
51,445
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
44,540
100,000
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).