Company No:
Contents
DIRECTORS | Catherine Causebrook |
James Nicholas Causebrook | |
Samantha Laurin Smith |
REGISTERED OFFICE | 18 Northgate |
Sleaford | |
NG34 7BJ | |
United Kingdom |
BUSINESS ADDRESS | Unit 1 |
Blankney Grange | |
Longwood Lane | |
Blankney | |
Lincoln | |
LN4 3BD |
COMPANY NUMBER | 09361278 (England and Wales) |
ACCOUNTANT | Duncan & Toplis Limited |
18 Northgate | |
Sleaford | |
Lincolnshire | |
NG34 7BJ |
Note | 2023 | 2022 | ||
£ | £ | |||
Fixed assets | ||||
Investments | 3 |
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279,450 | 279,450 | |||
Current assets | ||||
Debtors | 4 |
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Cash at bank and in hand |
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2,906 | 2,320 | |||
Creditors: amounts falling due within one year | 5 | (
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Net current liabilities | (209,419) | (256,353) | ||
Total assets less current liabilities | 70,031 | 23,097 | ||
Creditors: amounts falling due after more than one year | 6 | (
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Net assets/(liabilities) |
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Capital and reserves | ||||
Called-up share capital | 7 |
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Profit and loss account |
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Total shareholders' funds/(deficit) |
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Directors' responsibilities:
The financial statements of Grunwald Engineering Services Ltd (registered number:
James Nicholas Causebrook
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Grunwald Engineering Services Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 18 Northgate, Sleaford, NG34 7BJ, United Kingdom. The principal place of business is Unit 1, Blankney Grange, Longwood Lane, Blankney, Lincoln, LN4 3BD.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
The value of the company's interest in it's subsidiary company Grunwald UK Limited is reflected at the original value of the company at the time of it's acquisition. The directors consider any diminution in value experienced by the subsidiary since acquisition is not permanent, and as such no adjustment has been made in the financial statements.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
2023 | 2022 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including directors |
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Investments in subsidiaries
2023 | |
£ | |
Cost | |
At 01 November 2022 |
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At 31 October 2023 |
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Carrying value at 31 October 2023 |
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Carrying value at 31 October 2022 |
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2023 | 2022 | ||
£ | £ | ||
Other debtors |
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2023 | 2022 | ||
£ | £ | ||
Bank loans |
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Amounts owed to Group undertakings |
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Other taxation and social security |
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Other creditors |
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2023 | 2022 | ||
£ | £ | ||
Bank loans |
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2023 | 2022 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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100 | 100 |