Company Registration No. 6650378 (England and Wales)
Graeme Strong Limited
Unaudited accounts
for the year ended 31 July 2023
Graeme Strong Limited
Unaudited accounts
Contents
Graeme Strong Limited
Company Information
for the year ended 31 July 2023
Company Number
6650378 (England and Wales)
Registered Office
82 ORMISTON ROAD
LONDON
SE10 0LN
Accountants
David Meyer FCCA
2 Downage
London
NW4 1AA
Graeme Strong Limited
Statement of financial position
as at 31 July 2023
Tangible assets
26,643
22,696
Cash at bank and in hand
142,138
127,110
Creditors: amounts falling due within one year
(109,032)
(88,976)
Net current assets
33,106
42,541
Called up share capital
100
100
Profit and loss account
59,649
65,137
Shareholders' funds
59,749
65,237
For the year ending 31 July 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 9 April 2024 and were signed on its behalf by
Graeme Strong
Director
Company Registration No. 6650378
Graeme Strong Limited
Notes to the Accounts
for the year ended 31 July 2023
Graeme Strong Limited is a private company, limited by shares, registered in England and Wales, registration number 6650378. The registered office is 82 ORMISTON ROAD, LONDON, SE10 0LN.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2022
116,490
14,350
130,840
At 31 July 2023
129,318
14,350
143,668
At 1 August 2022
97,200
10,944
108,144
Charge for the year
8,030
851
8,881
At 31 July 2023
105,230
11,795
117,025
At 31 July 2023
24,088
2,555
26,643
At 31 July 2022
19,290
3,406
22,696
Graeme Strong Limited
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
490
2,116
Taxes and social security
5,793
14,587
Loans from directors
101,309
66,518
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 0 (2022: 0).