Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 12324592 Mr Nicholas Cox Mr Nicholas Cox true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12324592 2023-03-31 12324592 2024-03-31 12324592 2023-04-01 2024-03-31 12324592 frs-core:CurrentFinancialInstruments 2024-03-31 12324592 frs-core:Non-currentFinancialInstruments 2024-03-31 12324592 frs-core:ComputerEquipment 2024-03-31 12324592 frs-core:ComputerEquipment 2023-04-01 2024-03-31 12324592 frs-core:ComputerEquipment 2023-03-31 12324592 frs-core:MotorVehicles 2024-03-31 12324592 frs-core:MotorVehicles 2023-04-01 2024-03-31 12324592 frs-core:MotorVehicles 2023-03-31 12324592 frs-core:PlantMachinery 2024-03-31 12324592 frs-core:PlantMachinery 2023-04-01 2024-03-31 12324592 frs-core:PlantMachinery 2023-03-31 12324592 frs-core:ShareCapital 2024-03-31 12324592 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 12324592 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12324592 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 12324592 frs-bus:SmallEntities 2023-04-01 2024-03-31 12324592 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12324592 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12324592 1 2023-04-01 2024-03-31 12324592 frs-bus:Director1 2023-04-01 2024-03-31 12324592 frs-countries:EnglandWales 2023-04-01 2024-03-31 12324592 2022-03-31 12324592 2023-03-31 12324592 2022-04-01 2023-03-31 12324592 frs-core:CurrentFinancialInstruments 2023-03-31 12324592 frs-core:Non-currentFinancialInstruments 2023-03-31 12324592 frs-core:ShareCapital 2023-03-31 12324592 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 12324592
Gritting Works Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Complete Accountancy Services
19 Cressages Close
Bannister Green
Felsted, Dunmow
Essex
CM6 3NW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12324592
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 66,456 46,539
66,456 46,539
CURRENT ASSETS
Debtors 5 21,988 27,490
Cash at bank and in hand 1,179 8,672
23,167 36,162
Creditors: Amounts Falling Due Within One Year 6 (88,126 ) (64,137 )
NET CURRENT ASSETS (LIABILITIES) (64,959 ) (27,975 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,497 18,564
Creditors: Amounts Falling Due After More Than One Year 7 (48,958 ) (29,709 )
NET LIABILITIES (47,461 ) (11,145 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (47,462 ) (11,146 )
SHAREHOLDERS' FUNDS (47,461) (11,145)
Page 1
Page 2
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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Nicholas Cox
Director
28/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Gritting Works Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12324592 . The registered office is 12 Stoneyfield Drive, Stansted, Essex, CM24 8PA.
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.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25%
Motor Vehicles 25%
Computer Equipment 33.3%
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 53,418 33,583 1,599 88,600
Additions 45,999 10,000 - 55,999
As at 31 March 2024 99,417 43,583 1,599 144,599
Depreciation
As at 1 April 2023 24,753 16,042 1,266 42,061
Provided during the period 24,854 10,895 333 36,082
As at 31 March 2024 49,607 26,937 1,599 78,143
Net Book Value
As at 31 March 2024 49,810 16,646 - 66,456
As at 1 April 2023 28,665 17,541 333 46,539
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 19,181 25,954
Prepayments and accrued income 2,807 1,536
21,988 27,490
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 31,110 4,770
Corporation tax 261 261
VAT 23,485 13,617
Director's loan account 33,270 45,489
88,126 64,137
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 48,958 29,709
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr Nicholas Cox 25,436 12,814
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr Nicholas Cox by virtue of his ownership of 100% of the issued share capital in the company.
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