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REGISTERED NUMBER: 05019248 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Grayhound Installations Limited

Grayhound Installations Limited (Registered number: 05019248)

Contents of the Financial Statements
for the Year Ended 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Grayhound Installations Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: A S Gray





SECRETARY:





REGISTERED OFFICE: 13 Gaythorne Terrace
Hipperholme
Halifax
West Yorkshire
HX3 8JS





REGISTERED NUMBER: 05019248 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

Grayhound Installations Limited (Registered number: 05019248)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,184 8,107

CURRENT ASSETS
Debtors 5 26,245 27,444
Cash at bank 4,459 5,219
30,704 32,663
CREDITORS
Amounts falling due within one year 6 601 4,083
NET CURRENT ASSETS 30,103 28,580
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,287

36,687

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 36,286 36,686
SHAREHOLDERS' FUNDS 36,287 36,687

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 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.

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 4 October 2024 and were signed by:





A S Gray - Director


Grayhound Installations Limited (Registered number: 05019248)

Notes to the Financial Statements
for the Year Ended 31 January 2024


1. STATUTORY INFORMATION

Grayhound Installations Limited 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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tools & Equipment - 15% on reducing balance
Motor Vehicle - 25% on reducing balance
Computer Equipment - Straight line over 3 years

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.

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 year 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Grayhound Installations Limited (Registered number: 05019248)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


4. TANGIBLE FIXED ASSETS
Tools & Motor Computer
Equipment Vehicle Equipment Totals
£    £    £    £   
COST
At 1 February 2023
and 31 January 2024 10,770 16,750 524 28,044
DEPRECIATION
At 1 February 2023 9,730 9,683 524 19,937
Charge for year 156 1,767 - 1,923
At 31 January 2024 9,886 11,450 524 21,860
NET BOOK VALUE
At 31 January 2024 884 5,300 - 6,184
At 31 January 2023 1,040 7,067 - 8,107

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade Debtors - 1,320
Other Debtors 10,000 10,000
Tax 14,408 14,309
VAT 1,837 1,815
26,245 27,444

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 1 1
Tax - 3,482
Accrued Expenses 600 600
601 4,083

7. RELATED PARTY DISCLOSURES

The company is controlled by the company director.