Grandpont Limited 06416795 false 2022-12-01 2024-05-31 2024-05-31 The principal activity of the company is the supply of computer services.The company stopped trading and became dormant on 31 May 2024. Digita Accounts Production Advanced 6.30.9574.0 true 06416795 2022-12-01 2024-05-31 06416795 2024-05-31 06416795 bus:OrdinaryShareClass1 2024-05-31 06416795 core:CurrentFinancialInstruments 2024-05-31 06416795 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 06416795 core:FurnitureFittingsToolsEquipment 2024-05-31 06416795 bus:SmallEntities 2022-12-01 2024-05-31 06416795 bus:AuditExemptWithAccountantsReport 2022-12-01 2024-05-31 06416795 bus:FilletedAccounts 2022-12-01 2024-05-31 06416795 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2024-05-31 06416795 bus:RegisteredOffice 2022-12-01 2024-05-31 06416795 bus:Director1 2022-12-01 2024-05-31 06416795 bus:OrdinaryShareClass1 2022-12-01 2024-05-31 06416795 bus:PrivateLimitedCompanyLtd 2022-12-01 2024-05-31 06416795 core:FurnitureFittings 2022-12-01 2024-05-31 06416795 core:FurnitureFittingsToolsEquipment 2022-12-01 2024-05-31 06416795 countries:England 2022-12-01 2024-05-31 06416795 2022-11-30 06416795 core:FurnitureFittingsToolsEquipment 2022-11-30 06416795 2021-12-01 2022-11-30 06416795 2022-11-30 06416795 bus:OrdinaryShareClass1 2022-11-30 06416795 core:CurrentFinancialInstruments 2022-11-30 06416795 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 06416795 core:FurnitureFittingsToolsEquipment 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06416795

Grandpont Limited

Unaudited Filleted Financial Statements

for the Period from 1 December 2022 to 31 May 2024

 

Grandpont Limited

Contents

Balance Sheet

1

Notes to the Financial Statements

2 to 5

 

Grandpont Limited

(Registration number: 06416795)
Balance Sheet as at 31 May 2024

Note

2024
£

2022
£

Fixed assets

 

Tangible assets

1.4

-

100

Current assets

 

Debtors

1.5

3,360

3,080

Cash at bank and in hand

 

-

44,430

 

3,360

47,510

Creditors: Amounts falling due within one year

1.6

(4,173)

(1,207)

Net current (liabilities)/assets

 

(813)

46,303

Net (liabilities)/assets

 

(813)

46,403

Capital and reserves

 

Called up share capital

1.7

1

1

Retained earnings

(814)

46,402

Shareholders' (deficit)/funds

 

(813)

46,403

For the financial period ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 July 2024
 

.........................................
K D Bogotyrow
Director

 

Grandpont Limited

Notes to the Financial Statements for the Period from 1 December 2022 to 31 May 2024

1.1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
30 St Giles'
Oxford
OX1 3LE

1.2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

Government grants

The company received government grants in respect of the Coronavirus Job Retention Scheme.
These grants are recognised using the accruals model and as such are recorded in the profit and loss
account in the period in which the company is entitled to such grants as a result of having furloughed
staff members.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Grandpont Limited

Notes to the Financial Statements for the Period from 1 December 2022 to 31 May 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures,fittings and equipment

33 1/3% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Grandpont Limited

Notes to the Financial Statements for the Period from 1 December 2022 to 31 May 2024

1.3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0 (2022 - 1).

1.4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 December 2022

3,734

3,734

At 31 May 2024

3,734

3,734

Depreciation

At 1 December 2022

3,634

3,634

Charge for the period

100

100

At 31 May 2024

3,734

3,734

Carrying amount

At 31 May 2024

-

-

At 30 November 2022

100

100

1.5

Debtors

2024
£

2022
£

Other debtors

3,360

3,080

3,360

3,080

1.6

Creditors

Creditors: amounts falling due within one year

2024
£

2022
£

Due within one year

Taxation and social security

3,073

-

Accruals and deferred income

1,100

1,097

Other creditors

-

110

4,173

1,207

 

Grandpont Limited

Notes to the Financial Statements for the Period from 1 December 2022 to 31 May 2024

1.7

Share capital

Allotted, called up and fully paid shares

2024

2022

No.

£

No.

£

Ordinary of £1 each

1

1

1

1