REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 NOVEMBER 2022 TO 31 MARCH 2024 |
FOR |
GRAPE & GRAIN (GLASGOW) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 NOVEMBER 2022 TO 31 MARCH 2024 |
FOR |
GRAPE & GRAIN (GLASGOW) LIMITED |
GRAPE & GRAIN (GLASGOW) LIMITED (REGISTERED NUMBER: SC579395) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Period 1 November 2022 to 31 March 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Chartered Certified Accountants' Report | 5 |
GRAPE & GRAIN (GLASGOW) LIMITED |
COMPANY INFORMATION |
for the Period 1 November 2022 to 31 March 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Unit 1, Office 1 & 8 |
Blackhall Industrial Estate |
Burghmuir Circle |
Inverurie |
Aberdeenshire |
AB51 4FS |
GRAPE & GRAIN (GLASGOW) LIMITED (REGISTERED NUMBER: SC579395) |
BALANCE SHEET |
31 March 2024 |
2024 | 2022 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges her 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 were approved by the director and authorised for issue on |
GRAPE & GRAIN (GLASGOW) LIMITED (REGISTERED NUMBER: SC579395) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Period 1 November 2022 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Grape & Grain (Glasgow) Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. |
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements. |
Financial instruments |
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. |
Basic financial assets |
Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price including transaction costs. |
Basic financial liabilities |
Basic financial liabilities, which include trade and other creditors and bank loans are recognised at transaction price. |
Financial liabilities are derecognised when the company's contractual obligations are discharged. |
Going concern |
The financial statements have been prepared on a going concern basis. Although the balance sheet is in deficit, included within creditors is a balance totalling £7,641 (2022: £4,046) owed to an associated company. The common director has confirmed these amounts will not be called upon for repayment until the company is in a position to be able to make payment in full. As a result the director believes that preparation of the financial statements on a going concern basis is applicable. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2022 - NIL). |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2022 |
£ | £ |
Other debtors |
GRAPE & GRAIN (GLASGOW) LIMITED (REGISTERED NUMBER: SC579395) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1 November 2022 to 31 March 2024 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2022 |
£ | £ |
Trade creditors |
Amounts owed to associates | 7,641 | 4,046 |
Accrued expenses |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2022 |
value: | £ | £ |
Ordinary | 1 | 1 | 1 |
8. | RELATED PARTY DISCLOSURES |
Little Chelsea Holdings (Aberdeen) Ltd is a company under common control of the director. |
During the period Little Chelsea Holdings (Aberdeen) Ltd paid expenses on behalf of the company totalling £3,595 (2022: £1,685). During the period the company made repayments to Little Chelsea Holdings (Aberdeen) Ltd totalling £nil (2022: £1,301). |
At the year end, the company was due a balance in respect of these transactions to Little Chelsea Holdings (Aberdeen) Ltd of £7,641 (2022: £4,046). |
9. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is |
CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
GRAPE & GRAIN (GLASGOW) LIMITED (REGISTERED NUMBER: SC579395) |
The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Grape & Grain (Glasgow) Limited for the period ended 31 March 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
This report is made solely to the director of Grape & Grain (Glasgow) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Grape & Grain (Glasgow) Limited and state those matters that we have agreed to state to the director of Grape & Grain (Glasgow) Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
It is your duty to ensure that Grape & Grain (Glasgow) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Grape & Grain (Glasgow) Limited. You consider that Grape & Grain (Glasgow) Limited is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Grape & Grain (Glasgow) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Unit 1, Office 1 & 8 |
Blackhall Industrial Estate |
Burghmuir Circle |
Inverurie |
Aberdeenshire |
AB51 4FS |