IRIS Accounts Production v24.2.0.383 13124657 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131246572023-01-31131246572024-01-31131246572023-02-012024-01-31131246572022-01-31131246572022-02-012023-01-31131246572023-01-3113124657ns15:EnglandWales2023-02-012024-01-3113124657ns14:PoundSterling2023-02-012024-01-3113124657ns10:Director12023-02-012024-01-3113124657ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3113124657ns10:SmallEntities2023-02-012024-01-3113124657ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3113124657ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3113124657ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3113124657ns10:FullAccounts2023-02-012024-01-311312465712023-02-012024-01-3113124657ns10:Director22023-02-012024-01-3113124657ns10:RegisteredOffice2023-02-012024-01-3113124657ns5:CurrentFinancialInstruments2024-01-3113124657ns5:CurrentFinancialInstruments2023-01-3113124657ns5:ShareCapital2024-01-3113124657ns5:ShareCapital2023-01-3113124657ns5:RetainedEarningsAccumulatedLosses2024-01-3113124657ns5:RetainedEarningsAccumulatedLosses2023-01-3113124657ns5:NetGoodwill2023-02-012024-01-3113124657ns5:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3113124657ns5:NetGoodwill2023-01-3113124657ns5:NetGoodwill2024-01-3113124657ns5:NetGoodwill2023-01-3113124657ns5:PlantMachinery2023-01-3113124657ns5:PlantMachinery2023-02-012024-01-3113124657ns5:PlantMachinery2024-01-3113124657ns5:PlantMachinery2023-01-3113124657ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3113124657ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-31
REGISTERED NUMBER: 13124657 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

THE GRIMWADE FAMILY LTD

THE GRIMWADE FAMILY LTD (REGISTERED NUMBER: 13124657)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE GRIMWADE FAMILY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mrs E Grimwade
Mr T L Grimwade





REGISTERED OFFICE: 4 Green Lane Business Park
238 Green Lane
London
SE9 3TL





REGISTERED NUMBER: 13124657 (England and Wales)





ACCOUNTANTS: Bayar Hughes & Co
Chartered Certified Accountants
4 Green Lane Business Park
238 Green lane
New Eltham
London
SE9 3TL

THE GRIMWADE FAMILY LTD (REGISTERED NUMBER: 13124657)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 16,800 19,200
Tangible assets 5 15,090 12,089
31,890 31,289

CURRENT ASSETS
Debtors 6 16,774 15,110
Cash at bank 52,079 85,001
68,853 100,111
CREDITORS
Amounts falling due within one year 7 42,332 48,992
NET CURRENT ASSETS 26,521 51,119
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,411

82,408

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 58,409 82,406
SHAREHOLDERS' FUNDS 58,411 82,408

THE GRIMWADE FAMILY LTD (REGISTERED NUMBER: 13124657)

BALANCE SHEET - continued
31 JANUARY 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:





Mrs E Grimwade - Director


THE GRIMWADE FAMILY LTD (REGISTERED NUMBER: 13124657)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

The Grimwade Family 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 24,000
AMORTISATION
At 1 February 2023 4,800
Charge for year 2,400
At 31 January 2024 7,200
NET BOOK VALUE
At 31 January 2024 16,800
At 31 January 2023 19,200

THE GRIMWADE FAMILY LTD (REGISTERED NUMBER: 13124657)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 16,119
Additions 8,031
At 31 January 2024 24,150
DEPRECIATION
At 1 February 2023 4,030
Charge for year 5,030
At 31 January 2024 9,060
NET BOOK VALUE
At 31 January 2024 15,090
At 31 January 2023 12,089

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 110
Other debtors 16,774 15,000
16,774 15,110

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 37,614 46,729
Other creditors 4,718 2,263
42,332 48,992