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Company Registration No. 08549922 (England and Wales)
Grey on Grey Limited Unaudited accounts for the year ended 31 May 2024
Grey on Grey Limited Unaudited accounts Contents
Page
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Grey on Grey Limited Company Information for the year ended 31 May 2024
Director
David Batchelor
Company Number
08549922 (England and Wales)
Registered Office
247 Church Street London N16 9HP ENGLAND
Accountants
Wyatts Partnership Ltd 247 Church Street London N16 9HP
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Grey on Grey Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
223 
1,417 
Current assets
Inventories
23,000 
23,000 
Debtors
7,896 
8,479 
Investments
4,159 
4,159 
Cash at bank and in hand
22,422 
8,976 
57,477 
44,614 
Creditors: amounts falling due within one year
(15,747)
(12,758)
Net current assets
41,730 
31,856 
Total assets less current liabilities
41,953 
33,273 
Creditors: amounts falling due after more than one year
(29,332)
(33,878)
Net assets/(liabilities)
12,621 
(605)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
11,621 
(1,605)
Shareholders' funds
12,621 
(605)
For the year ending 31 May 2024 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 10 September 2024 and were signed on its behalf by
David Batchelor Director Company Registration No. 08549922
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Grey on Grey Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Grey on Grey Limited is a private company, limited by shares, registered in England and Wales, registration number 08549922. The registered office is 247 Church Street, London, N16 9HP, ENGLAND.
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:
Land & buildings
Over the term of the lease
Plant & machinery
33% Reducing Balance
Fixtures & fittings
33% Reducing Balance
Computer equipment
33% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
11,344 
3,743 
15,087 
Additions
- 
223 
223 
At 31 May 2024
11,344 
3,966 
15,310 
Depreciation
At 1 June 2023
10,303 
3,367 
13,670 
Charge for the year
1,041 
376 
1,417 
At 31 May 2024
11,344 
3,743 
15,087 
Net book value
At 31 May 2024
- 
223 
223 
At 31 May 2023
1,041 
376 
1,417 
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Grey on Grey Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,094 
- 
Trade debtors
5,113 
6,706 
Other debtors
1,689 
1,773 
7,896 
8,479 
6
Investments held as current assets
2024 
2023 
£ 
£ 
Unlisted investments
4,159 
4,159 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
850 
Taxes and social security
3,694 
60 
Loans from directors
9,553 
9,348 
Accruals
2,500 
2,500 
15,747 
12,758 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
29,332 
33,878 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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