Acorah Software Products - Accounts Production 15.0.600 true true true No description of principal activity 10 December 2022 31 December 2023 31 December 2023 14533924 Mr Taofik Oseni iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14533924 2022-12-09 14533924 2023-12-31 14533924 2022-12-10 2023-12-31 14533924 frs-core:ShareCapital 2023-12-31 14533924 frs-bus:PrivateLimitedCompanyLtd 2022-12-10 2023-12-31 14533924 frs-bus:FullAccounts 2022-12-10 2023-12-31 14533924 frs-bus:SmallEntities 2022-12-10 2023-12-31 14533924 frs-bus:EntityHasNeverTraded 2022-12-10 2023-12-31 14533924 frs-bus:AuditExemptWithAccountantsReport 2022-12-10 2023-12-31 14533924 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-10 2023-12-31 14533924 frs-bus:SmallCompaniesRegimeForDirectorsReport 2022-12-10 2023-12-31 14533924 frs-bus:Director1 2022-12-10 2023-12-31 14533924 frs-bus:Director1 2022-12-09 14533924 frs-bus:Director1 2023-12-31 14533924 frs-countries:EnglandWales 2022-12-10 2023-12-31
Registered number: 14533924
Graywood Resources Ltd
Director's Report and
Dormant Financial Statements
For the Period 10 December 2022 to 31 December 2023
Airton Broomhill Consulting
ACCA
88 Pittodrie Place
Aberdeen
AB24 5QT
Contents
Page
Company Information 1
Director's Report 2
Accountant's Report 3
Dormant Profit and Loss Account 4
Balance Sheet 5
Notes to the Financial Statements 6
Page 1
Company Information
Director Mr Taofik Oseni
Company Number 14533924
Registered Office Flat 1
6 Milkwood Road
London
SE24 0HH
Accountants Airton Broomhill Consulting
ACCA
88 Pittodrie Place
Aberdeen
AB24 5QT
Page 1
Page 2
Director's Report
The director presents his report and the financial statements for the period ended 31 December 2023.
Directors
The director who held office during the period were as follows:
Mr Taofik Oseni Appointed 10/12/2022
Statement of Director's Responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has 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.
On behalf of the board
Mr Taofik Oseni
Director
08/09/2024
Page 2
Page 3
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of Graywood Resources Ltd for the period 10 December 2022 to 31 December 2023
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Graywood Resources Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Graywood Resources Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Graywood Resources Ltd and state those matters that we have agreed to state to the director of Graywood Resources Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Graywood Resources Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Graywood Resources Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Graywood Resources Ltd . You consider that Graywood Resources Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Graywood Resources Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
08/09/2024
Airton Broomhill Consulting
ACCA
88 Pittodrie Place
Aberdeen
AB24 5QT
Page 3
Page 4
Dormant Profit and Loss Account
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
Page 4
Page 5
Balance Sheet
31 December 2023
Notes £ £
CURRENT ASSETS
Debtors 4 1
1
NET CURRENT ASSETS (LIABILITIES) 1
TOTAL ASSETS LESS CURRENT LIABILITIES 1
NET ASSETS 1
CAPITAL AND RESERVES
Called up share capital 5 1
SHAREHOLDERS' FUNDS 1
For the period ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The member has 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 in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved by the board of directors on 8 September 2024 and were signed on its behalf by:
Mr Taofik Oseni
Director
08/09/2024
The notes on page 6 form part of these financial statements.
Page 5
Page 6
Notes to the Financial Statements
1. General Information
Graywood Resources Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14533924 . The registered office is Flat 1, 6 Milkwood Road, London, SE24 0HH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Debtors
31 December 2023
£
Due within one year
Other debtors 1
5. Share Capital
31 December 2023
£
Allotted, Called up and fully paid 1
6. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 10 December 2022 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mr Taofik Oseni 1 1 - - -
The above loan is unsecured, interest free and repayable on demand.
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