1 October 2022 false No description of principal activity Taxfiler 2024.5 08227871business:PrivateLimitedCompanyLtd2022-10-012023-09-30 082278712022-09-30 082278712022-10-012023-09-30 08227871business:AuditExemptWithAccountantsReport2022-10-012023-09-30 08227871business:FilletedAccounts2022-10-012023-09-30 082278712023-09-30 08227871business:Director12022-10-012023-09-30 08227871business:RegisteredOffice2022-10-012023-09-30 082278712022-09-30 08227871core:WithinOneYear2023-09-30 08227871core:WithinOneYear2022-09-30 08227871core:AfterOneYear2023-09-30 08227871core:AfterOneYear2022-09-30 08227871core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 08227871core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 08227871core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 08227871core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 08227871core:PreviouslyStatedAmount2023-09-30 08227871core:PreviouslyStatedAmount2022-09-30 08227871business:SmallEntities2022-10-012023-09-30 08227871countries:EnglandWales2022-10-012023-09-30 08227871core:PlantMachinery2022-10-012023-09-30 08227871core:ComputerEquipment2022-10-012023-09-30 08227871core:PlantMachinery2022-09-30 08227871core:FurnitureFittings2022-09-30 08227871core:ComputerEquipment2022-09-30 08227871core:FurnitureFittings2022-10-012023-09-30 08227871core:PlantMachinery2023-09-30 08227871core:FurnitureFittings2023-09-30 08227871core:ComputerEquipment2023-09-30 08227871business:Director112022-10-012023-09-30 08227871business:Director112022-09-30 08227871business:Director112023-09-30 082278712021-10-012022-09-30 iso4217:GBP xbrli:pure
Company Registration No. 08227871 (England and Wales)
GRFN LIMITED Unaudited accounts for the year ended 30 September 2023
GRFN LIMITED Unaudited accounts Contents
Page
- 2 -
GRFN LIMITED Company Information for the year ended 30 September 2023
Director
Stephen GRIFFIN
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
- 3 -
GRFN LIMITED Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,234 
21,326 
Current assets
Debtors
192,316 
199,297 
Cash at bank and in hand
990,055 
812,892 
1,182,371 
1,012,189 
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 
Capital and reserves
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
- 4 -
GRFN LIMITED Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 30 September 2023
11,375 
1,376 
9,483 
22,234 
At 30 September 2022
21,326 
- 
- 
21,326 
- 5 -
GRFN LIMITED Notes to the Accounts for the year ended 30 September 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
69,872 
99,122 
Accrued income and prepayments
3,232 
- 
Other debtors
- 
100,175 
73,104 
199,297 
Amounts falling due after more than one year
Other debtors
119,212 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
22,035 
- 
Trade creditors
- 
2,500 
Taxes and social security
57,802 
48,758 
Other creditors
- 
7,131 
Loans from directors
- 
(337,626)
Accruals
2,500 
5,000 
Deferred income
4,500 
- 
86,837 
(274,237)
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
(348,501)
- 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Stephen GRIFFIN
Loan to Director
369,774 
- 
- 
369,774 
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).
- 6 -