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REGISTERED NUMBER: 05231828 (England and Wales)



































Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Grindco 464 Limited

Grindco 464 Limited (Registered number: 05231828)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Grindco 464 Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: C M Hammond
J C M Hammond
A Rai





REGISTERED OFFICE: 3a Woodhouse Street
Stoke
Stoke-on-Trent
Staffordshire
ST4 4QX





REGISTERED NUMBER: 05231828 (England and Wales)





ACCOUNTANTS: Paterson Brodie Limited
Chartered Certified Accountants
Cliveden Chambers
Cliveden Place
Longton
Stoke-on-Trent
Staffordshire
ST3 4JB

Grindco 464 Limited (Registered number: 05231828)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36,737 43,048

CURRENT ASSETS
Stocks 400 400
Debtors 5 128,035 98,734
Cash at bank 98,764 143,221
227,199 242,355
CREDITORS
Amounts falling due within one year 6 219,489 209,820
NET CURRENT ASSETS 7,710 32,535
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,447

75,583

CREDITORS
Amounts falling due after more than one
year

7

(35,218

)

(64,492

)

PROVISIONS FOR LIABILITIES (9,184 ) (10,762 )
NET ASSETS 45 329

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 25 309
SHAREHOLDERS' FUNDS 45 329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Grindco 464 Limited (Registered number: 05231828)

Balance Sheet - continued
31 December 2023


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 20 April 2024 and were signed on its behalf by:





C M Hammond - Director


Grindco 464 Limited (Registered number: 05231828)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Grindco 464 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33.33% on cost, 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 11 ) .

Grindco 464 Limited (Registered number: 05231828)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 202,828
Additions 1,115
At 31 December 2023 203,943
DEPRECIATION
At 1 January 2023 159,780
Charge for year 7,426
At 31 December 2023 167,206
NET BOOK VALUE
At 31 December 2023 36,737
At 31 December 2022 43,048

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 66,827 48,087
Amounts owed by group undertakings 61,208 49,699
Other debtors - 948
128,035 98,734

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 29,274 26,473
Trade creditors 15,221 7,731
Taxation and social security 77,171 55,201
Other creditors 97,823 120,415
219,489 209,820

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 35,218 64,492

8. ULTIMATE PARENT COMPANY

Jaark Group Ltd owns 100% of the issued share capital and is considered by the directors to be the ultimate parent company.