IRIS Accounts Production v24.2.0.383 12108706 director 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh121087062023-07-31121087062024-07-31121087062023-08-012024-07-31121087062022-07-31121087062022-08-012023-07-31121087062023-07-3112108706ns15:EnglandWales2023-08-012024-07-3112108706ns14:PoundSterling2023-08-012024-07-3112108706ns10:Director12023-08-012024-07-3112108706ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3112108706ns10:SmallEntities2023-08-012024-07-3112108706ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3112108706ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3112108706ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3112108706ns10:FullAccounts2023-08-012024-07-3112108706ns10:RegisteredOffice2023-08-012024-07-3112108706ns5:CurrentFinancialInstruments2024-07-3112108706ns5:CurrentFinancialInstruments2023-07-3112108706ns5:Non-currentFinancialInstruments2024-07-3112108706ns5:Non-currentFinancialInstruments2023-07-3112108706ns5:ShareCapital2024-07-3112108706ns5:ShareCapital2023-07-3112108706ns5:RetainedEarningsAccumulatedLosses2024-07-3112108706ns5:RetainedEarningsAccumulatedLosses2023-07-3112108706ns5:MotorVehicles2023-08-012024-07-3112108706ns5:MotorVehicles2023-07-3112108706ns5:MotorVehicles2024-07-3112108706ns5:MotorVehicles2023-07-3112108706ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3112108706ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31
REGISTERED NUMBER: 12108706 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

GREASE LIGHTNING OVEN CLEANING
(DOMESTIC) LIMITED
GREASE LIGHTNING OVEN CLEANING

GREASE LIGHTNING OVEN CLEANING
(DOMESTIC) LIMITED (REGISTERED NUMBER: 12108706)
GREASE LIGHTNING OVEN CLEANING






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


GREASE LIGHTNING OVEN CLEANING
(DOMESTIC) LIMITED
GREASE LIGHTNING OVEN CLEANING

COMPANY INFORMATION
for the Year Ended 31 July 2024







DIRECTOR: B Gillespie





REGISTERED OFFICE: Aruna House
2 Kings Road
Haslemere
Surrey
GU27 2QA





REGISTERED NUMBER: 12108706 (England and Wales)





ACCOUNTANTS: A & N (Haslemere) Limited
Aruna House
2 Kings Road
Haslemere
Surrey
GU27 2QA

GREASE LIGHTNING OVEN CLEANING
(DOMESTIC) LIMITED (REGISTERED NUMBER: 12108706)
GREASE LIGHTNING OVEN CLEANING

STATEMENT OF FINANCIAL POSITION
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 3,322 4,430

CURRENT ASSETS
Debtors 4 16,693 15,298
Cash at bank 3,470 2,116
20,163 17,414
CREDITORS
Amounts falling due within one year 5 40,721 34,549
NET CURRENT LIABILITIES (20,558 ) (17,135 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,236

)

(12,705

)

CREDITORS
Amounts falling due after more than one
year

6

4,750

7,750
NET LIABILITIES (21,986 ) (20,455 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (22,086 ) (20,555 )
(21,986 ) (20,455 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

GREASE LIGHTNING OVEN CLEANING
(DOMESTIC) LIMITED (REGISTERED NUMBER: 12108706)
GREASE LIGHTNING OVEN CLEANING

STATEMENT OF FINANCIAL POSITION - continued
31 July 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 3 December 2024 and were signed by:





B Gillespie - Director


GREASE LIGHTNING OVEN CLEANING
(DOMESTIC) LIMITED (REGISTERED NUMBER: 12108706)
GREASE LIGHTNING OVEN CLEANING

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024

1. 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.
Motor vehicles - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Going concern
The directors consider that there are no material uncertainties about the company's ability to continue as a
going concern. There are no material uncertainties affecting the current year's accounts.

2. EMPLOYEES AND DIRECTORS

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

GREASE LIGHTNING OVEN CLEANING
(DOMESTIC) LIMITED (REGISTERED NUMBER: 12108706)
GREASE LIGHTNING OVEN CLEANING

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

3. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 August 2023
and 31 July 2024 10,500
DEPRECIATION
At 1 August 2023 6,070
Charge for year 1,108
At 31 July 2024 7,178
NET BOOK VALUE
At 31 July 2024 3,322
At 31 July 2023 4,430

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 7,112 3,866
Other debtors 9,581 11,432
16,693 15,298

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 3,000 3,000
Trade creditors - 675
Taxation and social security 37,667 30,819
Other creditors 54 55
40,721 34,549

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 4,750 7,750