GRID ENGINEERING AND COMMISSIONING LIMITED

Company Registration Number:
12123313 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

GRID ENGINEERING AND COMMISSIONING LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

GRID ENGINEERING AND COMMISSIONING LIMITED

Company Information

for the Period Ended 31 July 2023




Director: Michael Brown
Secretary: Julie Brown
Registered office: 2
Bamford Grove
Uttoxeter
Staffordshire
GBR
ST14 5NS
Company Registration Number: 12123313 (England and Wales)

GRID ENGINEERING AND COMMISSIONING LIMITED

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 7,969 14,006
Total fixed assets: 7,969 14,006
Current assets
Debtors: 26,815 20,550
Cash at bank and in hand: 44,220 22,532
Total current assets: 71,035 43,082
Creditors: amounts falling due within one year: ( 32,234 ) ( 44,386 )
Net current assets (liabilities): 38,801 ( 1,304 )
Total assets less current liabilities: 46,770 12,702
Creditors: amounts falling due after more than one year: ( 6,447 ) ( 8,864 )
Provision for liabilities: ( 1,564 ) ( 2,661 )
Total net assets (liabilities): 38,759 1,177

The notes form part of these financial statements

GRID ENGINEERING AND COMMISSIONING LIMITED

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 38,659 1,077
Shareholders funds: 38,759 1,177

For the year ending 31 July 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 18 April 2024
And Signed On Behalf Of The Board By:

Name: Michael Brown
Status: Director

The notes form part of these financial statements

GRID ENGINEERING AND COMMISSIONING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents invoiced sales net of value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Office equipment:- 25% per annum on cost. Plant and machinery:- 25% per annum on cost.

    Other accounting policies

    Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

GRID ENGINEERING AND COMMISSIONING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

GRID ENGINEERING AND COMMISSIONING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

GRID ENGINEERING AND COMMISSIONING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible Assets

Total
Cost £
At 01 August 2022 27,172
Additions 1,008
Disposals -
Revaluations -
Transfers -
At 31 July 2023 28,180
Depreciation
At 01 August 2022 13,166
Charge for year 7,045
On disposals -
Other adjustments -
At 31 July 2023 20,211
Net book value
At 31 July 2023 7,969
At 31 July 2022 14,006