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REGISTERED NUMBER: 01750357 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024


FOR


GRIMALDI LIMITED


GRIMALDI LIMITED (REGISTERED NUMBER: 01750357)


CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024











Page



Company Information  

1



Balance Sheet  

2



Notes to the Financial Statements  

4




GRIMALDI LIMITED


COMPANY INFORMATION

FOR THE YEAR ENDED 31 JANUARY 2024









DIRECTORS:

Mrs M Y M Banham


K Banham







SECRETARY:

Mrs M Y M Banham







REGISTERED OFFICE:

50 Seymour Street


London


W1H 7JG







REGISTERED NUMBER:

01750357 (England and Wales)







ACCOUNTANTS:

Orcom Civvals Limited


Accountants


50 Seymour Street


London


W1H 7JG


GRIMALDI LIMITED (REGISTERED NUMBER: 01750357)


BALANCE SHEET

31 JANUARY 2024



2024


2023


Notes

£   

£   


CURRENT ASSETS

Stocks

1,620


24,500



Debtors

4

4,418


610,836



Cash at bank

511,307


11,687



517,345


647,023



CREDITORS

Amounts falling due within one year

5

6,700


61,285



NET CURRENT ASSETS

510,645


585,738



TOTAL ASSETS LESS CURRENT

LIABILITIES

510,645


585,738




CREDITORS

Amounts falling due after more than

one year

6

5,989


10,413



NET ASSETS

504,656


575,325




CAPITAL AND RESERVES

Called up share capital

10,000


10,000



Share premium

7

8,871


8,871



Capital redemption reserve

7

6,129


6,129



Retained earnings

7

479,656


550,325



504,656


575,325




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 directors acknowledge their 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.


GRIMALDI LIMITED (REGISTERED NUMBER: 01750357)


BALANCE SHEET - continued

31 JANUARY 2024



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 Board of Directors and authorised for issue on 21 October 2024 and were signed on its behalf by:






K Banham - Director



GRIMALDI LIMITED (REGISTERED NUMBER: 01750357)


NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024



1.

STATUTORY INFORMATION



Grimaldi 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.


Tangible fixed assets


Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.  



Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


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.

3.

EMPLOYEES AND DIRECTORS



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


GRIMALDI LIMITED (REGISTERED NUMBER: 01750357)


NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2024



4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2024

2023


£   

£   



Trade debtors

-


19,500




Other debtors

4,418


591,336



4,418


610,836




5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2024

2023


£   

£   



Bank loans and overdrafts

4,763


4,763




Trade creditors

2


1




Other creditors

1,935


56,521



6,700


61,285




6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN

ONE YEAR


2024

2023


£   

£   



Bank loans

5,989


10,413




7.

RESERVES


Capital



Retained


Share


redemption



earnings


premium


reserve


Totals

£   

£   

£   

£   




At 1 February 2023

550,325


8,871


6,129


565,325




Deficit for the year

(18,669

)

(18,669

)



Dividends

(52,000

)

(52,000

)



At 31 January 2024

479,656


8,871


6,129


494,656