1 April 2023 false No description of principal activity Taxfiler 2024.6 6880999business:PrivateLimitedCompanyLtd2023-04-012024-03-31 68809992023-03-31 68809992023-04-012024-03-31 6880999business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 6880999business:FilletedAccounts2023-04-012024-03-31 68809992024-03-31 6880999business:Director12023-04-012024-03-31 6880999business:RegisteredOffice2023-04-012024-03-31 68809992023-03-31 6880999core:WithinOneYear2024-03-31 6880999core:WithinOneYear2023-03-31 6880999core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 6880999core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 6880999core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 6880999core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 6880999core:PreviouslyStatedAmount2024-03-31 6880999core:PreviouslyStatedAmount2023-03-31 6880999business:SmallEntities2023-04-012024-03-31 6880999countries:EnglandWales2023-04-012024-03-31 6880999core:PlantMachinery2023-04-012024-03-31 6880999core:FurnitureFittings2023-03-31 6880999core:FurnitureFittings2024-03-31 6880999core:FurnitureFittings2023-04-012024-03-31 68809992022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 6880999 (England and Wales)
Groovy Lettings Ltd Unaudited accounts for the year ended 31 March 2024
Groovy Lettings Ltd Unaudited accounts Contents
Page
- 2 -
Groovy Lettings Ltd Company Information for the year ended 31 March 2024
Director
Ivan James Hodges
Company Number
6880999 (England and Wales)
Registered Office
New Court, Cowbridge Rd Llantwit Major CF61 2YS United Kingdom
Accountants
A40infobahn Limited Bron Haul Penlan Road CARMARTHEN Carmarthenshire SA31 1DN
- 3 -
Groovy Lettings Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25 
33 
Current assets
Debtors
9,763 
8,563 
Cash at bank and in hand
4,578 
4,706 
14,341 
13,269 
Creditors: amounts falling due within one year
(14,327)
(12,325)
Net current assets
14 
944 
Net assets
39 
977 
Capital and reserves
Called up share capital
501 
501 
Profit and loss account
(462)
476 
Shareholders' funds
39 
977 
For the year ending 31 March 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 10 June 2023 and were signed on its behalf by
Ivan James Hodges Director Company Registration No. 6880999
- 4 -
Groovy Lettings Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Groovy Lettings Ltd is a private company, limited by shares, registered in England and Wales, registration number 6880999. The registered office is New Court,, Cowbridge Rd, Llantwit Major, CF61 2YS, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2023
100 
At 31 March 2024
100 
Depreciation
At 1 April 2023
67 
Charge for the year
8 
At 31 March 2024
75 
Net book value
At 31 March 2024
25 
At 31 March 2023
33 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
9,763 
8,563 
- 5 -
Groovy Lettings Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
7,052 
7,050 
Amounts owed to group undertakings and other participating interests
3,925 
1,925 
Loans from directors
1,500 
1,500 
Accruals
1,850 
1,850 
14,327 
12,325 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
- 6 -