Company Registration No. 12256902 (England and Wales)
GRAIN JOINERY LTD
Unaudited accounts
for the year ended 31 October 2023
GRAIN JOINERY LTD
Unaudited accounts
Contents
GRAIN JOINERY LTD
Company Information
for the year ended 31 October 2023
Directors
Gary Gaskell
Alan Wissink
Company Number
12256902 (England and Wales)
Registered Office
C/O AMBIENT ACCOUNTING LTD SUITE 6 ELLES
1 PENNINGTON STREET
WORSLEY
MANCHESTER
M28 3LR
ENGLAND
Accountants
Ambient Accounting Ltd
Suite 6 Ellesmere House
1 Pennington Street
Worsley
Manchester
M28 3LR
GRAIN JOINERY LTD
Statement of financial position
as at 31 October 2023
Tangible assets
2,402
4,615
Cash at bank and in hand
966
4,568
Creditors: amounts falling due within one year
739
(675)
Net current assets
3,005
4,680
Total assets less current liabilities
5,407
9,295
Creditors: amounts falling due after more than one year
(5,000)
(7,750)
Provisions for liabilities
Net (liabilities)/assets
(470)
668
Called up share capital
100
100
Profit and loss account
(570)
568
Shareholders' funds
(470)
668
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 directors acknowledge their 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 of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by
Gary Gaskell
Director
Company Registration No. 12256902
GRAIN JOINERY LTD
Notes to the Accounts
for the year ended 31 October 2023
GRAIN JOINERY LTD is a private company, limited by shares, registered in England and Wales, registration number 12256902. The registered office is C/O AMBIENT ACCOUNTING LTD SUITE 6 ELLES, 1 PENNINGTON STREET, WORSLEY, MANCHESTER, M28 3LR, ENGLAND.
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:
Plant & machinery
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
8,349
951
9,300
At 31 October 2023
8,499
951
9,450
At 1 November 2022
4,243
442
4,685
Charge for the year
2,125
238
2,363
At 31 October 2023
6,368
680
7,048
At 31 October 2023
2,131
271
2,402
At 31 October 2022
4,106
509
4,615
GRAIN JOINERY LTD
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,000
3,000
Trade creditors
(748)
(252)
Taxes and social security
4,247
3,855
Other creditors
1,500
2,000
Loans from directors
(14,026)
(14,026)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).