Company Registration No. 07810255 (England and Wales)
GR Quality Services Ltd
Unaudited accounts
for the year ended 31 October 2023
GR Quality Services Ltd
Unaudited accounts
Contents
GR Quality Services Ltd
Company Information
for the year ended 31 October 2023
Company Number
07810255 (England and Wales)
Registered Office
186 The Avenue
Leigh
Lancs
WN7 1HR
United Kingdom
Accountants
Addition Accounting Services Limited
First Floor
53 Lord Street
Leigh
Lancashire
WN7 1BY
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
GR Quality Services Ltd
for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
GR Quality Services Ltd for the year ended
31 October 2023 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of GR Quality Services Ltd, as a body, in accordance with the terms of our engagement letter dated 15 February 2024. Our work has been undertaken solely to prepare for your approval the accounts of GR Quality Services Ltd and state those matters that we have agreed to state to the Board of Directors of GR Quality Services Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GR Quality Services Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that GR Quality Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of GR Quality Services Ltd. You consider that GR Quality Services Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of GR Quality Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Addition Accounting Services Limited
Chartered Certified Accountants
First Floor
53 Lord Street
Leigh
Lancashire
WN7 1BY
15 February 2024
GR Quality Services Ltd
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
5,612
9,048
Creditors: amounts falling due within one year
(6,885)
(11,457)
Net current assets
6,675
13,959
Called up share capital
100
100
Profit and loss account
6,987
14,669
Shareholders' funds
7,087
14,769
For the year ending 31 October 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 15 February 2024 and were signed on its behalf by
Graham Roughley
Director
Company Registration No. 07810255
GR Quality Services Ltd
Notes to the Accounts
for the year ended 31 October 2023
GR Quality Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 07810255. The registered office is 186 The Avenue, Leigh, Lancs, WN7 1HR, United Kingdom.
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:
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
7,948
16,368
GR Quality Services Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,436
8,109
Loans from directors
287
1,450
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).