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REGISTERED NUMBER: 05266255 (England and Wales)


























Financial Statements

for the Year Ended 28 February 2024

for

Grayloch Ltd

Grayloch Ltd (Registered number: 05266255)






Contents of the Financial Statements
for the Year Ended 28 February 2024




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


Grayloch Ltd (Registered number: 05266255)

Abridged Balance Sheet
28 February 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 4,904 5,545
Debtors 600 1,061
Cash at bank and in hand 16,689 32,771
22,193 39,377
CREDITORS
Amounts falling due within one year 3,648 3,556
NET CURRENT ASSETS 18,545 35,821
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,545

35,821

CREDITORS
Amounts falling due after more than one
year

1,150

1,150
NET ASSETS 17,395 34,671

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 17,392 34,668
SHAREHOLDERS' FUNDS 17,395 34,671

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

Grayloch Ltd (Registered number: 05266255)

Abridged Balance Sheet - continued
28 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by:





M H Cleaver - Director


Grayloch Ltd (Registered number: 05266255)

Notes to the Financial Statements
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

Grayloch Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05266255

Registered office: 2nd Floor
28 Rodney Street
Liverpool
Merseyside
L1 2TQ

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023
and 28 February 2024 24,000
AMORTISATION
At 1 March 2023
and 28 February 2024 24,000
NET BOOK VALUE

At 28 February 2024 -
At 28 February 2023 -

Grayloch Ltd (Registered number: 05266255)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023
and 28 February 2024 3,117
DEPRECIATION
At 1 March 2023
and 28 February 2024 3,117
NET BOOK VALUE
At 28 February 2024 -
At 28 February 2023 -