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Company Registration No. 13882911 (England and Wales)
GRABSANDCIVILS LTD Unaudited accounts for the year ended 31 January 2024
GRABSANDCIVILS LTD Unaudited accounts Contents
Page
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GRABSANDCIVILS LTD Company Information for the year ended 31 January 2024
Director
Dale Luke Price
Company Number
13882911 (England and Wales)
Registered Office
21 PEDMORE CLOSE REDDITCH B98 7XB ENGLAND
Accountants
AC Counts & Services Ltd Office 42 Imex Business Centre, Oxleasow Road Redditch Worcestershire B98 0RE
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GRABSANDCIVILS LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,885 
13,138 
Current assets
Debtors
- 
1,350 
Cash at bank and in hand
2,360 
28,211 
2,360 
29,561 
Creditors: amounts falling due within one year
(815)
(9,202)
Net current assets
1,545 
20,359 
Total assets less current liabilities
14,430 
33,497 
Creditors: amounts falling due after more than one year
(18,753)
(27,030)
Net (liabilities)/assets
(4,323)
6,467 
Capital and reserves
Profit and loss account
(4,323)
6,467 
Shareholders' funds
(4,323)
6,467 
For the year ending 31 January 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 July 2024 and were signed on its behalf by
Dale Luke Price Director Company Registration No. 13882911
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GRABSANDCIVILS LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
GRABSANDCIVILS LTD is a private company, limited by shares, registered in England and Wales, registration number 13882911. The registered office is 21 PEDMORE CLOSE, REDDITCH, B98 7XB, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% Reducing Balance Method
Going concern
The financial statements have been prepared on a going concern basis. This assumes the continued support of the director. The director has indicated his support will continue for the foreseeable future.
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GRABSANDCIVILS LTD Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2023
21,516 
Additions
13,500 
Disposals
(16,000)
At 31 January 2024
19,016 
Depreciation
At 1 February 2023
8,378 
Charge for the year
4,753 
On disposals
(7,000)
At 31 January 2024
6,131 
Net book value
At 31 January 2024
12,885 
At 31 January 2023
13,138 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,350 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
815 
4,622 
Trade creditors
- 
188 
Taxes and social security
- 
1 
Proposed dividends
- 
2,000 
Loans from directors
- 
2,391 
815 
9,202 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
18,753 
27,030 
8
Transactions with related parties
At the year end, there was a balance of £18753 (2023 - £27,030) owed to director Dale Price.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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