Company Registration No. 08227871 (England and Wales)
GRFN LIMITED
Unaudited accounts
for the year ended 30 September 2023
GRFN LIMITED
Unaudited accounts
Contents
GRFN LIMITED
Company Information
for the year ended 30 September 2023
Company Number
08227871 (England and Wales)
Registered Office
WEST WING
STRAND
LONDON
WC2R 1LA
Accountants
Arth Limited
655 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
GRFN LIMITED
Statement of financial position
as at 30 September 2023
Tangible assets
22,234
21,326
Cash at bank and in hand
990,055
812,892
Creditors: amounts falling due within one year
(86,837)
274,237
Net current assets
1,095,534
1,286,426
Total assets less current liabilities
1,117,768
1,307,752
Creditors: amounts falling due after more than one year
348,501
-
Net assets
1,466,269
1,307,752
Called up share capital
100
100
Profit and loss account
1,466,169
1,307,652
Shareholders' funds
1,466,269
1,307,752
For the year ending 30 September 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 27 June 2024 and were signed on its behalf by
Stephen GRIFFIN
Director
Company Registration No. 08227871
GRFN LIMITED
Notes to the Accounts
for the year ended 30 September 2023
GRFN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08227871. The registered office is WEST WING, STRAND, LONDON, WC2R 1LA.
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 method
Computer equipment
25% Straight Line method
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2022
111,405
-
-
111,405
Additions
-
3,776
36,255
40,031
Disposals
(92,854)
-
-
(92,854)
At 30 September 2023
18,551
3,776
36,255
58,582
At 1 October 2022
90,079
-
-
90,079
Charge for the year
-
2,400
26,772
29,172
On disposals
(82,903)
-
-
(82,903)
At 30 September 2023
7,176
2,400
26,772
36,348
At 30 September 2023
11,375
1,376
9,483
22,234
At 30 September 2022
21,326
-
-
21,326
GRFN LIMITED
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Trade debtors
69,872
99,122
Accrued income and prepayments
3,232
-
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
57,802
48,758
Loans from directors
-
(337,626)
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
(348,501)
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to Director
369,774
-
-
369,774
During the year and at the end of year, an amount of £369,774 has been advanced to the director of the company, this has been repaid within 9 months after the year end.
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).