Graffgo Worldwide Ltd 11121560 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Manufacture of paints, varnishes and similar coatings, mastics and sealants Digita Accounts Production Advanced 6.30.9574.0 true Mr Marshall John Townsend true 11121560 2023-01-01 2023-12-31 11121560 2023-12-31 11121560 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-12-31 11121560 core:ShareCapital 2023-12-31 11121560 core:CurrentFinancialInstruments 2023-12-31 11121560 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 11121560 bus:FRS102 2023-01-01 2023-12-31 11121560 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11121560 bus:FullAccounts 2023-01-01 2023-12-31 11121560 bus:RegisteredOffice 2023-01-01 2023-12-31 11121560 bus:Director1 2023-01-01 2023-12-31 11121560 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-01-01 2023-12-31 11121560 bus:EntityHasNeverTraded 2023-01-01 2023-12-31 11121560 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11121560 countries:EnglandWales 2023-01-01 2023-12-31 11121560 2022-01-01 2022-12-31 11121560 2022-12-31 11121560 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-12-31 11121560 core:ShareCapital 2022-12-31 11121560 core:CurrentFinancialInstruments 2022-12-31 11121560 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11121560

Graffgo Worldwide Ltd

trading as Graffgo Worldwide Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Graffgo Worldwide Ltd

trading as Graffgo Worldwide Limited

Profit and Loss Account for the Year Ended 31 December 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Graffgo Worldwide Ltd

trading as Graffgo Worldwide Limited

(Registration number: 11121560)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

1

1

Capital and reserves

 

Called up share capital

5

1

1

Shareholders' funds

 

1

1

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 8 February 2024
 

.........................................
Mr Marshall John Townsend
Director

 

Graffgo Worldwide Ltd

trading as Graffgo Worldwide Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Stones Accountancy Limited
5 North Court Armstrong Road
Maidstone Kent
Kent
ME15 6JZ
United Kingdom

These financial statements were authorised for issue by the director on 8 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Graffgo Worldwide Ltd

trading as Graffgo Worldwide Limited

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

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, analysed by category was as follows:

2023
No.

2022
No.

Administration and support

-

2

-

2

4

Debtors

Current

2023
£

2022
£

Other debtors

1

1

 

1

1

5

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

1

1

1

1