Company Registration No. 03910779 (England and Wales)
GRANARY COURT LIMITED
Unaudited accounts
for the year ended 31 January 2024
GRANARY COURT LIMITED
Unaudited accounts
Contents
GRANARY COURT LIMITED
Company Information
for the year ended 31 January 2024
Directors
Lynne Statham
Steven White
Company Number
03910779 (England and Wales)
Registered Office
GRANARY COURT
STUBBY LANE, DRAYCOTT IN THE
CLAY, ASHBOURNE
DERBYSHIRE
DE6 5BU
GRANARY COURT LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
361,244
361,648
Cash at bank and in hand
19,622
31,561
Creditors: amounts falling due within one year
(234,106)
(188,824)
Net current liabilities
(214,484)
(157,263)
Total assets less current liabilities
146,760
204,385
Creditors: amounts falling due after more than one year
(5,868)
(9,861)
Provisions for liabilities
Net assets
140,458
194,013
Called up share capital
50,000
50,000
Profit and loss account
90,458
144,013
Shareholders' funds
140,458
194,013
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 directors acknowledge their 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 of Directors and authorised for issue on 27 October 2024 and were signed on its behalf by
Lynne Statham
Director
Company Registration No. 03910779
GRANARY COURT LIMITED
Notes to the Accounts
for the year ended 31 January 2024
GRANARY COURT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03910779. The registered office is GRANARY COURT, STUBBY LANE, DRAYCOTT IN THE, CLAY, ASHBOURNE, DERBYSHIRE, DE6 5BU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Land & buildings
No depreciation as in the directors opinion these assets are not depreciating in value.
Plant & machinery
15% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
358,957
44,439
11,652
415,048
At 31 January 2024
358,957
44,439
11,652
415,048
At 1 February 2023
-
41,748
11,652
53,400
Charge for the year
-
404
-
404
At 31 January 2024
-
42,152
11,652
53,804
At 31 January 2024
358,957
2,287
-
361,244
At 31 January 2023
358,957
2,691
-
361,648
GRANARY COURT LIMITED
Notes to the Accounts
for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,900
3,900
Taxes and social security
1,597
1,349
Loans from directors
228,609
183,575
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).