Company Registration No. 8970129 (England and Wales)
Gray Developments (Wisbech) Limited
Unaudited accounts
for the year ended 31 March 2024
Gray Developments (Wisbech) Limited
Unaudited accounts
Contents
Gray Developments (Wisbech) Limited
Company Information
for the year ended 31 March 2024
Directors
Andrew Gray
Lisa Gray
Company Number
8970129 (England and Wales)
Registered Office
Woodland, Seadyke Bank
Murrow
Wisbech
Cambs
PE13 4AF
Accountants
Bryant Accounting Services Ltd
Stow Lodge
Stow Lane
Wisbech
Cambs
PE13 2JU
Gray Developments (Wisbech) Limited
Statement of financial position
as at 31 March 2024
Tangible assets
(174)
1,336
Creditors: amounts falling due within one year
(7,060)
(8,513)
Net current liabilities
(5,513)
(7,632)
Total assets less current liabilities
(5,687)
(6,296)
Creditors: amounts falling due after more than one year
(44,309)
(44,922)
Provisions for liabilities
Deferred tax
(4,426)
(5,533)
Net liabilities
(54,422)
(56,751)
Called up share capital
100
100
Profit and loss account
(54,522)
(56,851)
Shareholders' funds
(54,422)
(56,751)
For the year ending 31 March 2024 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 6 August 2024 and were signed on its behalf by
Andrew Gray
Director
Company Registration No. 8970129
Gray Developments (Wisbech) Limited
Notes to the Accounts
for the year ended 31 March 2024
Gray Developments (Wisbech) Limited is a private company, limited by shares, registered in England and Wales, registration number 8970129. The registered office is Woodland, Seadyke Bank, Murrow, Wisbech, Cambs, PE13 4AF.
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
20% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
36,719
7,000
43,719
At 31 March 2024
36,719
7,000
43,719
At 1 April 2023
36,985
5,398
42,383
Charge for the year
710
800
1,510
At 31 March 2024
37,695
6,198
43,893
At 31 March 2024
(976)
802
(174)
At 31 March 2023
(266)
1,602
1,336
Amounts falling due within one year
Gray Developments (Wisbech) Limited
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,635
4,339
Taxes and social security
1,953
2,621
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
9,513
5,107
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).