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REGISTERED NUMBER: 09162170 (England and Wales)














Financial Statements for the Year Ended 31 August 2023

for

GRT Consulting Limited

GRT Consulting Limited (Registered number: 09162170)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


GRT Consulting Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: Mr R Sabhlok





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 09162170 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

GRT Consulting Limited (Registered number: 09162170)

Statement of Financial Position
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 3,345 4,396

CURRENT ASSETS
Debtors 5 188,843 261,803
Cash at bank 110,265 83,190
299,108 344,993
CREDITORS
Amounts falling due within one year 6 169,836 155,184
NET CURRENT ASSETS 129,272 189,809
TOTAL ASSETS LESS CURRENT LIABILITIES 132,617 194,205

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 132,616 194,204
SHAREHOLDERS' FUNDS 132,617 194,205

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

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

The director acknowledges his 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.

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 director and authorised for issue on 1 August 2024 and were signed by:





Mr R Sabhlok - Director


GRT Consulting Limited (Registered number: 09162170)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

GRT Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year 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.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

GRT Consulting Limited (Registered number: 09162170)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 September 2022
and 31 August 2023 979 468 17,287 18,734
DEPRECIATION
At 1 September 2022 744 225 13,369 14,338
Charge for year 35 36 980 1,051
At 31 August 2023 779 261 14,349 15,389
NET BOOK VALUE
At 31 August 2023 200 207 2,938 3,345
At 31 August 2022 235 243 3,918 4,396

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 188,843 261,803

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 114,161 70,603
Taxation and social security 12,370 57,334
Other creditors 43,305 27,247
169,836 155,184

7. RELATED PARTY DISCLOSURES

The director Mr Sabhlok is considered to be key management personnel.