GREATCLOUGH TRADING LTD

Company Registration Number:
09608411 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

GREATCLOUGH TRADING LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

GREATCLOUGH TRADING LTD

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,072,625 1,387,793
Investments:   0 0
Total fixed assets: 1,072,625 1,387,793
Current assets
Stocks: 149,263 279,680
Debtors:   1,911,718 1,181,890
Cash at bank and in hand: 39,812 243,584
Investments:   0 0
Total current assets: 2,100,793 1,705,154
Creditors: amounts falling due within one year:   (309,862) (337,516)
Net current assets (liabilities): 1,790,931 1,367,638
Total assets less current liabilities: 2,863,556 2,755,431
Creditors: amounts falling due after more than one year:   (277,514) (326,138)
Provision for liabilities: (5,100) 0
Total net assets (liabilities): 2,580,942 2,429,293
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 2,580,941 2,429,292
Shareholders funds: 2,580,942 2,429,293

The notes form part of these financial statements

GREATCLOUGH TRADING LTD

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2024
and signed on behalf of the board by:

Name: D Cairns
Status: Director

The notes form part of these financial statements

GREATCLOUGH TRADING LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GREATCLOUGH TRADING LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 8 8

GREATCLOUGH TRADING LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 2,246,041
Additions 247,373
Disposals (205,000)
Revaluations 0
Transfers 0
At 31 May 2024 2,288,414
Depreciation
At 01 June 2023 858,248
Charge for year 357,541
On disposals 0
Other adjustments 0
At 31 May 2024 1,215,789
Net book value
At 31 May 2024 1,072,625
At 31 May 2023 1,387,793

GREATCLOUGH TRADING LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Related party transactions

Name of the related party: Joda Property Development Ltd
Relationship:
Joint Director
Description of the Transaction: Greatclough Trading Ltd loaned Joda Property Developments Ltd in 2024 a further - £120,000 resulting in a total loan of £370,000 (2023 - £250,000)
£
Balance at 01 June 2023 250,000
Balance at 31 May 2024 370,000
Name of the related party: Greatclough Properties Ltd
Relationship:
Common Director
Description of the Transaction: Greatclough Trading Ltd loaned this company £1,252,580 during the year which remains outstanding.
£
Balance at 01 June 2023 0
Balance at 31 May 2024 1,252,580