GRANT FORD LIMITED

Company Registration Number:
10005966 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

GRANT FORD LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Notes

GRANT FORD LIMITED

Balance sheet

As at 29 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 8,559 13,913
Total fixed assets: 8,559 13,913
Current assets
Stocks: 328,550 256,999
Debtors:   86,075 5,204
Cash at bank and in hand: 303,636 347,604
Total current assets: 718,261 609,807
Creditors: amounts falling due within one year:   (105,808) (92,622)
Net current assets (liabilities): 612,453 517,185
Total assets less current liabilities: 621,012 531,098
Creditors: amounts falling due after more than one year:   (16,979) (27,315)
Provision for liabilities: (2,140) (2,643)
Total net assets (liabilities): 601,893 501,140
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 601,793 501,040
Shareholders funds: 601,893 501,140

The notes form part of these financial statements

GRANT FORD LIMITED

Balance sheet statements

For the year ending 29 February 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 November 2024
and signed on behalf of the board by:

Name: Grant Ford
Status: Director

The notes form part of these financial statements

GRANT FORD LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the invoiced value of goods and services supplied by the Company, net of value added tax and trade discounts.

Tangible fixed assets and depreciation policy

All assets are depreciated in full over three years on a straight line basis.

Other accounting policies

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit.

GRANT FORD LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

GRANT FORD LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 37,054
Additions 2,402
At 29 February 2024 39,456
Depreciation
At 01 March 2023 23,141
Charge for year 7,756
At 29 February 2024 30,897
Net book value
At 29 February 2024 8,559
At 28 February 2023 13,913