Registered number
13109879
Grown Home Limited
Unaudited Filleted Accounts
31 January 2024
Grown Home Limited
Registered number: 13109879
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 1,095 1,027
Creditors: amounts falling due within one year 3 (4,651) (4,421)
Net current liabilities (3,556) (3,394)
Net liabilities (3,556) (3,394)
Capital and reserves
Called up share capital 1 1
Profit and loss account (3,557) (3,395)
Shareholder's funds (3,556) (3,394)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Luke Carnaby
Director
Approved by the board on 17 October 2024
The notes on pages 6 - 7 form part of these financial statements.
Grown Home Limited
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
Statement of compliance
The accounts have been prepared in accordance with FRS 102, Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Revenue Recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.
Taxation
Taxation represents the sum of tax currently payable and deferred tax.
The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be avaliable to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on the tax rates (and tax laws) that have been enacted by the end of the reporting period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 0
3 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 4,651 4,421
4 Other information
Grown Home Limited is a private company limited by shares and incorporated in England. Its registered office is:
18 Ashburn Close
Ashburton
Devon
TQ13 7DY
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