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Company Registration No. 10526339 (England and Wales)
GRANGE INDUSTRIES GROUP LIMITED Unaudited accounts for the year ended 31 December 2023
GRANGE INDUSTRIES GROUP LIMITED Unaudited accounts Contents
Page
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GRANGE INDUSTRIES GROUP LIMITED Company Information for the year ended 31 December 2023
Director
R R Thomas
Company Number
10526339 (England and Wales)
Registered Office
7 SWANBRIDGE COURT BEDWAS HOUSE INDUSTRIAL ESTATE CAERPHILLY CF83 8FW WALES
Accountants
williams lester accountants ltd 12 Cwrt Y Parc, Earlswood Road Llanishen Cardiff Cardiff CF14 5GH
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GRANGE INDUSTRIES GROUP LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
39,384 
55,289 
Current assets
Inventories
600,000 
734,406 
Debtors
303,812 
404,293 
Cash at bank and in hand
(176,527)
(211,339)
727,285 
927,360 
Creditors: amounts falling due within one year
(711,137)
(929,619)
Net current assets/(liabilities)
16,148 
(2,259)
Net assets
55,532 
53,030 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
55,332 
52,830 
Shareholders' funds
55,532 
53,030 
For the year ending 31 December 2023 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 director acknowledges his 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 and authorised for issue on 22 August 2024 and were signed on its behalf by
R R Thomas Director Company Registration No. 10526339
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GRANGE INDUSTRIES GROUP LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
GRANGE INDUSTRIES GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10526339. The registered office is 7 SWANBRIDGE COURT, BEDWAS HOUSE INDUSTRIAL ESTATE, CAERPHILLY, CF83 8FW, WALES.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
122,871 
62,033 
9,212 
194,116 
Disposals
- 
(4,848)
- 
(4,848)
At 31 December 2023
122,871 
57,185 
9,212 
189,268 
Depreciation
At 1 January 2023
87,786 
45,011 
6,030 
138,827 
Charge for the year
7,017 
3,404 
636 
11,057 
At 31 December 2023
94,803 
48,415 
6,666 
149,884 
Net book value
At 31 December 2023
28,068 
8,770 
2,546 
39,384 
At 31 December 2022
35,085 
17,022 
3,182 
55,289 
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GRANGE INDUSTRIES GROUP LIMITED Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
302,437 
407,054 
Accrued income and prepayments
4,136 
- 
Other debtors
(2,761)
(2,761)
303,812 
404,293 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
31,545 
42,500 
VAT
(145,166)
(156,853)
Trade creditors
341,981 
478,180 
Amounts owed to group undertakings and other participating interests
- 
10,500 
Taxes and social security
355,889 
374,350 
Other creditors
(442)
(648)
Loans from directors
127,330 
181,590 
711,137 
929,619 
7
Average number of employees
During the year the average number of employees was 18 (2022: 18).
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