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REGISTERED NUMBER: 08286134 (England and Wales)


Financial Statements for the Year Ended 30 November 2023

for

GR Metals Limited

GR Metals Limited (Registered number: 08286134)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


GR Metals Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Mr Umer Anwaar Tarar





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 08286134 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

GR Metals Limited (Registered number: 08286134)

Statement of Financial Position
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 2,194 -

CURRENT ASSETS
Inventories 46,215 46,215
Debtors 5 105,169 106,922
Cash at bank and in hand 1,173 1,111
152,557 154,248
CREDITORS
Amounts falling due within one year 6 228,681 206,947
NET CURRENT LIABILITIES (76,124 ) (52,699 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(73,930

)

(52,699

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (74,030 ) (52,799 )
SHAREHOLDERS' FUNDS (73,930 ) (52,699 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

GR Metals Limited (Registered number: 08286134)

Statement of Financial Position - continued
30 November 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 director and authorised for issue on 30 August 2024 and were signed by:





Mr Umer Anwaar Tarar - Director


GR Metals Limited (Registered number: 08286134)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

GR Metals 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.

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 etc - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 December 2022 527
Additions 2,925
At 30 November 2023 3,452
DEPRECIATION
At 1 December 2022 527
Charge for year 731
At 30 November 2023 1,258
NET BOOK VALUE
At 30 November 2023 2,194

GR Metals Limited (Registered number: 08286134)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors - 1,476
Other debtors 105,169 105,446
105,169 106,922

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 12,108 -
Taxation and social security 915 915
Other creditors 215,658 206,032
228,681 206,947

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100