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REGISTERED NUMBER: 10094735 (England and Wales)















GREYDOOR PUBLISHING LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023






GREYDOOR PUBLISHING LIMITED (REGISTERED NUMBER: 10094735)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


GREYDOOR PUBLISHING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: S R Collinge
A M Whalan





REGISTERED OFFICE: 3 Calder Court Shorebury Point
Amy Johnson Way
Blackpool
Lancashire
FY4 2RH





REGISTERED NUMBER: 10094735 (England and Wales)





ACCOUNTANTS: DTE Business Advisers Limited
The Exchange
5 Bank Street
Bury
Lancashire
BL9 0DN

GREYDOOR PUBLISHING LIMITED (REGISTERED NUMBER: 10094735)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 101,165 89,659
Investments 5 101 100
101,266 89,759

CURRENT ASSETS
Debtors 6 339,179 215,051
Cash at bank and in hand 342,538 622,360
681,717 837,411
CREDITORS
Amounts falling due within one year 7 (165,583 ) (425,909 )
NET CURRENT ASSETS 516,134 411,502
TOTAL ASSETS LESS CURRENT
LIABILITIES

617,400

501,261

CREDITORS
Amounts falling due after more than one
year

8

(14,806

)

(24,946

)

PROVISIONS FOR LIABILITIES (23,831 ) (17,035 )
NET ASSETS 578,763 459,280

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 578,663 459,180
578,763 459,280

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

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

The directors acknowledge their 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.

GREYDOOR PUBLISHING LIMITED (REGISTERED NUMBER: 10094735)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2023


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 Board of Directors and authorised for issue on 18 July 2024 and were signed on its behalf by:





S R Collinge - Director


GREYDOOR PUBLISHING LIMITED (REGISTERED NUMBER: 10094735)

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


1. STATUTORY INFORMATION

Greydoor Publishing Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 10094735 and the registered office address is 3 Calder Court Shorebury Point, Amy Johnson Way, Blackpool, Lancashire, England, FY4 2RH.

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.

Going concern
The directors are satisfied that the company is a going concern and that the financial statements are correctly prepared on this basis.

Preparation of consolidated financial statements
The financial statements contain information about Greydoor Publishing Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make estimates and judgements. The estimates are based on historical experience and other relevant factors. Actual results may differ from these estimates.

The estimates are continually evaluated. Revisions to accounting estimates are recognised in the period in which the estimate is revised.

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are outlined below.

Estimating the useful economic life of an asset and the anticipated residual value are considered the key judgement in calculating an appropriate depreciation charge.

Revenue
Revenue comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Revenue is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount can be reliably measured, it is probable that future economic benefits will flow to the company and specific criteria have been met for each of the company's activities.

Property plant and equipment
Depreciation is charged so as to write off the cost of assets over their estimated useful lives as follows:

Fixtures and fittings - 25% reducing balance
Computer equipment - 25% straight line
Leasehold improvements - 25% straight line
Motor vehicles - 20% reducing balance

The residual values, estimated useful lives and depreciation method of property, plant and equipment are reviewed, and adjusted as appropriate, at each statement of financial position date. The effects of any revision are recognised in the income statement when the change arises.

GREYDOOR PUBLISHING LIMITED (REGISTERED NUMBER: 10094735)

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


2. ACCOUNTING POLICIES - continued

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

Dividends
Equity dividends are recognised when they become legally payable and are no longer at the discretion of the company.

GREYDOOR PUBLISHING LIMITED (REGISTERED NUMBER: 10094735)

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


2. ACCOUNTING POLICIES - continued

Government grants
Grants of a revenue nature are credited to income in the period to which they relate.

Leasing commitments
Rentals paid under operating leases are charged to the income statement on a straight-line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2022 - 29 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 January 2023 154,932
Additions 45,667
At 31 December 2023 200,599
DEPRECIATION
At 1 January 2023 65,273
Charge for year 34,161
At 31 December 2023 99,434
NET BOOK VALUE
At 31 December 2023 101,165
At 31 December 2022 89,659

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023 100
Additions 1
At 31 December 2023 101
NET BOOK VALUE
At 31 December 2023 101
At 31 December 2022 100

GREYDOOR PUBLISHING LIMITED (REGISTERED NUMBER: 10094735)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 17,445 51,710
Amounts owed by participating interests 203,609 11,887
Other debtors 118,125 151,454
339,179 215,051

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,140 9,890
Trade creditors 11,148 17,195
Amounts owed to participating interests - 180,759
Taxation and social security 101,005 133,102
Other creditors 43,290 84,963
165,583 425,909

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 14,806 24,946

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 30,000 45,000
Between one and five years - 30,000
30,000 75,000

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
S R Collinge
Balance outstanding at start of year 97,623 110,737
Amounts advanced 196,537 334,165
Amounts repaid (221,329 ) (347,279 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 72,831 97,623

GREYDOOR PUBLISHING LIMITED (REGISTERED NUMBER: 10094735)

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


10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

A M Whalan
Balance outstanding at start of year 24,110 (74 )
Amounts advanced 6,260 49,068
Amounts repaid (24,200 ) (24,884 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,170 24,110

The amounts advanced to the directors are unsecured, interest free and repayable on demand.

The maximum amounts outstanding during the year were S Collinge £97,623 and A Whalan £24,110.