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REGISTERED NUMBER: 11740053 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

GRODZINSKI STAMFORD HILL LTD.

GRODZINSKI STAMFORD HILL LTD. (REGISTERED NUMBER: 11740053)

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


GRODZINSKI STAMFORD HILL LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Y Kohn
J Posen





REGISTERED OFFICE: 170 Clapton Common
London
E5 9AG





REGISTERED NUMBER: 11740053 (England and Wales)





ACCOUNTANTS: Melinek Fine LLP
Chartered Accountants
First Floor, Winston House
349 Regents Park Road
London
N3 1DH

GRODZINSKI STAMFORD HILL LTD. (REGISTERED NUMBER: 11740053)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,823,480 2,823,480
Tangible assets 5 157,148 164,227
2,980,628 2,987,707

CURRENT ASSETS
Stocks 54,171 69,915
Debtors 6 284,518 251,757
Cash at bank and in hand 71,304 252,755
409,993 574,427
CREDITORS
Amounts falling due within one year 7 345,918 406,372
NET CURRENT ASSETS 64,075 168,055
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,044,703

3,155,762

CREDITORS
Amounts falling due after more than one year 8 24,167 34,167
NET ASSETS 3,020,536 3,121,595

CAPITAL AND RESERVES
Called up share capital 3,020,100 3,020,100
Profit and loss account 436 101,495
SHAREHOLDERS' FUNDS 3,020,536 3,121,595

GRODZINSKI STAMFORD HILL LTD. (REGISTERED NUMBER: 11740053)

BALANCE SHEET - continued
31 JANUARY 2024


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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:





Y Kohn - Director


GRODZINSKI STAMFORD HILL LTD. (REGISTERED NUMBER: 11740053)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Grodzinski Stamford Hill Ltd. 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.

Goodwill
The directors have considered goodwill and deem the residual value to be equal to or more than the amount paid, therefore no amortisation has been charge to Profit and Loss.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

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 Profit and Loss Account, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

GRODZINSKI STAMFORD HILL LTD. (REGISTERED NUMBER: 11740053)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 69 (2023 - 79 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 2,823,480
NET BOOK VALUE
At 31 January 2024 2,823,480
At 31 January 2023 2,823,480

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 1 670,636 670,637
Additions - 32,070 32,070
At 31 January 2024 1 702,706 702,707
DEPRECIATION
At 1 February 2023 - 506,410 506,410
Charge for year - 39,149 39,149
At 31 January 2024 - 545,559 545,559
NET BOOK VALUE
At 31 January 2024 1 157,147 157,148
At 31 January 2023 1 164,226 164,227

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 135,528 111,755
Amounts owed by group undertakings 46,693 46,242
Other debtors 102,297 93,760
284,518 251,757

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 179,289 210,498
Taxation and social security 159,867 189,112
Other creditors 6,762 6,762
345,918 406,372

GRODZINSKI STAMFORD HILL LTD. (REGISTERED NUMBER: 11740053)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 24,167 34,167