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REGISTERED NUMBER: 04930266 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

THE GREY MATTERS (EDUCATION) LIMITED

THE GREY MATTERS (EDUCATION) LIMITED (REGISTERED NUMBER: 04930266)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

THE GREY MATTERS (EDUCATION) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: T D Murray





REGISTERED OFFICE: Orpington House
The Phygtle
Chalfont St Peter
Gerrards Cross
Buckinghamshire
SL9 0JT





REGISTERED NUMBER: 04930266 (England and Wales)





ACCOUNTANTS: Orion Accountancy Limited
30 Garners Road
Chalfont St Peter
Buckinghamshire
SL9 0EZ

THE GREY MATTERS (EDUCATION) LIMITED (REGISTERED NUMBER: 04930266)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 204 408

CURRENT ASSETS
Debtors 5 31,419 25,149
Cash at bank 134,334 118,148
165,753 143,297
CREDITORS
Amounts falling due within one year 6 32,111 21,838
NET CURRENT ASSETS 133,642 121,459
TOTAL ASSETS LESS CURRENT
LIABILITIES

133,846

121,867

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 133,746 121,767
SHAREHOLDERS' FUNDS 133,846 121,867

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 2 April 2024 and were signed by:





T D Murray - Director


THE GREY MATTERS (EDUCATION) LIMITED (REGISTERED NUMBER: 04930266)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

The Grey Matters (Education) 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.

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.
Computer equipment - 33% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 November 2022
and 31 October 2023 11,196
DEPRECIATION
At 1 November 2022 10,788
Charge for year 204
At 31 October 2023 10,992
NET BOOK VALUE
At 31 October 2023 204
At 31 October 2022 408

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 25,746 19,484
Other debtors 5,447 5,447
Prepayments and accrued income 226 218
31,419 25,149

THE GREY MATTERS (EDUCATION) LIMITED (REGISTERED NUMBER: 04930266)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 6,441 8,780
Tax 159 -
Pension creditor - 162
VAT 9,988 7,766
Directors' current accounts 1,335 1,335
Accruals and deferred income 13,099 2,706
Accrued expenses 1,089 1,089
32,111 21,838

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
THE GREY MATTERS (EDUCATION) LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Grey Matters (Education) Limited for the year ended 31 October 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of The Grey Matters (Education) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Grey Matters (Education) Limited and state those matters that we have agreed to state to the director of The Grey Matters (Education) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Grey Matters (Education) Limited and its director for our work or for this report.

It is your duty to ensure that The Grey Matters (Education) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Grey Matters (Education) Limited. You consider that The Grey Matters (Education) Limited 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 financial statements of The Grey Matters (Education) Limited. 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 financial statements.






Orion Accountancy Limited
30 Garners Road
Chalfont St Peter
Buckinghamshire
SL9 0EZ


2 April 2024