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REGISTERED NUMBER: 14547274 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

19 DECEMBER 2022 TO 31 MARCH 2024

FOR

GRAPHITE RESIDENTIAL LETTINGS LTD

GRAPHITE RESIDENTIAL LETTINGS LTD (REGISTERED NUMBER: 14547274)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 19 DECEMBER 2022 TO 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

GRAPHITE RESIDENTIAL LETTINGS LTD

COMPANY INFORMATION
FOR THE PERIOD 19 DECEMBER 2022 TO 31 MARCH 2024







DIRECTOR: Mr J Patten





REGISTERED OFFICE: Endeavour House
7 Enterprise Way
Pinchbeck
Spalding
Lincolnshire
PE11 3YR





REGISTERED NUMBER: 14547274 (England and Wales)





ACCOUNTANTS: Candour Accounts Limited
Endeavour House
7 Enterprise Way
Pinchbeck
Spalding
Lincolnshire
PE11 3YR

GRAPHITE RESIDENTIAL LETTINGS LTD (REGISTERED NUMBER: 14547274)

BALANCE SHEET
31 MARCH 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 8,128

CURRENT ASSETS
Debtors 5 17,720
Cash at bank 1,842
19,562
CREDITORS
Amounts falling due within one year 6 16,403
NET CURRENT ASSETS 3,159
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,287

CREDITORS
Amounts falling due after more than
one year

7

33,338
NET LIABILITIES (22,051 )

CAPITAL AND RESERVES
Called up share capital 8 200
Retained earnings 9 (22,251 )
SHAREHOLDERS' FUNDS (22,051 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 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.

GRAPHITE RESIDENTIAL LETTINGS LTD (REGISTERED NUMBER: 14547274)

BALANCE SHEET - continued
31 MARCH 2024


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 18 September 2024 and were signed by:





Mr J Patten - Director


GRAPHITE RESIDENTIAL LETTINGS LTD (REGISTERED NUMBER: 14547274)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 19 DECEMBER 2022 TO 31 MARCH 2024

1. STATUTORY INFORMATION

Graphite Residential Lettings Ltd 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
Turnover 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the period 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

GRAPHITE RESIDENTIAL LETTINGS LTD (REGISTERED NUMBER: 14547274)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 19 DECEMBER 2022 TO 31 MARCH 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
Additions 9,090 850 9,940
At 31 March 2024 9,090 850 9,940
DEPRECIATION
Charge for period 1,704 108 1,812
At 31 March 2024 1,704 108 1,812
NET BOOK VALUE
At 31 March 2024 7,386 742 8,128

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 17,720

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 4,232
Amounts owed to group undertakings 9,564
Taxation and social security 184
Other creditors 2,423
16,403

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Amounts owed to group undertakings 33,338

GRAPHITE RESIDENTIAL LETTINGS LTD (REGISTERED NUMBER: 14547274)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 19 DECEMBER 2022 TO 31 MARCH 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
200 Ordinary £1 200

200 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

9. RESERVES
Retained
earnings
£   

Deficit for the period (22,251 )
At 31 March 2024 (22,251 )

GRAPHITE RESIDENTIAL LETTINGS LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
GRAPHITE RESIDENTIAL LETTINGS LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 March 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Candour Accounts Limited
Endeavour House
7 Enterprise Way
Pinchbeck
Spalding
Lincolnshire
PE11 3YR


Date: .............................................