Company Registration No. 10591081 (England and Wales)
G W Grab Hire Ltd
Unaudited accounts
for the year ended 31 January 2024
G W Grab Hire Ltd
Unaudited accounts
Contents
G W Grab Hire Ltd
Company Information
for the year ended 31 January 2024
Company Number
10591081 (England and Wales)
Registered Office
23 STONEBEACH RISE
HASTINGS
TN388EN
UNITED KINGDOM
Accountants
Walsh Accountancy Services Ltd
37 St Margarets Road
St Leonards On Sea
East Sussex
TN37 6EH
G W Grab Hire Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
84,179
110,971
Cash at bank and in hand
35,384
33,531
Creditors: amounts falling due within one year
(24,179)
(6,192)
Net current assets
11,205
27,339
Total assets less current liabilities
95,384
138,310
Creditors: amounts falling due after more than one year
(89,231)
(118,682)
Called up share capital
1
1
Profit and loss account
6,152
19,627
Shareholders' funds
6,153
19,628
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 27 October 2024 and were signed on its behalf by
Mr Gary White
Director
Company Registration No. 10591081
G W Grab Hire Ltd
Notes to the Accounts
for the year ended 31 January 2024
G W Grab Hire Ltd is a private company, limited by shares, registered in England and Wales, registration number 10591081. The registered office is 23 STONEBEACH RISE, HASTINGS, TN388EN, UNITED KINGDOM.
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:
Plant & machinery
25% on cost
4
Tangible fixed assets
Plant & machinery
At 1 February 2023
246,474
At 31 January 2024
284,244
At 1 February 2023
135,503
Charge for the year
64,562
At 31 January 2024
200,065
At 31 January 2023
110,971
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
17,994
1,312
G W Grab Hire Ltd
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
71,288
100,739
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).