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Company Registration No. 04324755 (England and Wales)
Gray & Fosbury Ltd Unaudited accounts for the year ended 31 December 2023
Gray & Fosbury Ltd Unaudited accounts Contents
Page
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Gray & Fosbury Ltd Company Information for the year ended 31 December 2023
Directors
D V Fosbury S Gray
Company Number
04324755 (England and Wales)
Registered Office
Suite 1 Christchurch House Sir Thomas Longley Road Rochester Kent ME2 4FX
Accountants
AK Tax & Accountancy Ltd Suite 1 Christchurch House Sir Thomas Longley Road Rochester Kent ME24FX
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Gray & Fosbury Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,046,037 
2,046,037 
Current assets
Debtors
23,604 
22,694 
Cash at bank and in hand
6,907 
31,628 
30,511 
54,322 
Creditors: amounts falling due within one year
(56,593)
(20,704)
Net current (liabilities)/assets
(26,082)
33,618 
Total assets less current liabilities
2,019,955 
2,079,655 
Creditors: amounts falling due after more than one year
(1,781,340)
(1,774,367)
Net assets
238,615 
305,288 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
238,415 
305,088 
Shareholders' funds
238,615 
305,288 
For the year ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 19 March 2024 and were signed on its behalf by
D V Fosbury Director Company Registration No. 04324755
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Gray & Fosbury Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Gray & Fosbury Ltd is a private company, limited by shares, registered in England and Wales, registration number 04324755. The registered office is Suite 1 Christchurch House, Sir Thomas Longley Road, Rochester, Kent, ME2 4FX.
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
Not provided for
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2023
2,046,037 
At 31 December 2023
2,046,037 
Depreciation
At 31 December 2023
- 
Net book value
At 31 December 2023
2,046,037 
At 31 December 2022
2,046,037 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,604 
12,746 
Accrued income and prepayments
- 
(52)
Other debtors
10,000 
10,000 
23,604 
22,694 
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Gray & Fosbury Ltd Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,310 
1,264 
Taxes and social security
- 
17,157 
Loans from directors
53,000 
- 
Accruals
2,283 
2,283 
56,593 
20,704 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
1,708,367 
1,708,367 
Other creditors
72,973 
66,000 
1,781,340 
1,774,367 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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