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REGISTERED NUMBER: 10255758 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Grb Kent Limited

Grb Kent Limited (Registered number: 10255758)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Grb Kent Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: G Butler





REGISTERED OFFICE: 6 Beaconsfield Road
Chatham
Kent
ME4 5SW





REGISTERED NUMBER: 10255758 (England and Wales)





ACCOUNTANTS: AJ Accounting Services
58 Park Road
Sittingbourne
Kent
ME10 1DY

Grb Kent Limited (Registered number: 10255758)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,896 7,650

CURRENT ASSETS
Debtors 5 84,863 57,642

CREDITORS
Amounts falling due within one year 6 26,771 13,184
NET CURRENT ASSETS 58,092 44,458
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,988

52,108

CREDITORS
Amounts falling due after more than
one year

7

1,933

7,409
NET ASSETS 61,055 44,699

RESERVES
Retained earnings 61,055 44,699
SHAREHOLDERS' FUNDS 61,055 44,699

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Grb Kent Limited (Registered number: 10255758)

Balance Sheet - continued
30 June 2024


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

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

The financial statements were approved by the director and authorised for issue on 22 November 2024 and were signed by:





G Butler - Director


Grb Kent Limited (Registered number: 10255758)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Grb Kent Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Grb Kent Limited (Registered number: 10255758)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 13,600
DEPRECIATION
At 1 July 2023 5,950
Charge for year 2,754
At 30 June 2024 8,704
NET BOOK VALUE
At 30 June 2024 4,896
At 30 June 2023 7,650

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 84,863 57,642

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 1,189 2,739
Hire purchase contracts 2,698 2,464
Trade creditors - 1
Taxation and social security 5,655 5,381
Other creditors 17,229 2,599
26,771 13,184

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 1,431 4,209
Hire purchase contracts 502 3,200
1,933 7,409

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £5,000 (2023 - £5,000) were paid to the director .

Grb Kent Limited (Registered number: 10255758)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. RELATED PARTY DISCLOSURES - continued

At the end of the period under review the company owed the director £16,734 (2023: £2,120) by way of his directors loan account. This loan is not liable to interest charges and is repayable on demand.


9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G Butler.