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REGISTERED NUMBER: 00810921















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024

FOR

GREYSTAR LIMITED

GREYSTAR LIMITED (REGISTERED NUMBER: 00810921)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GREYSTAR LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 5 APRIL 2024







DIRECTOR: A Lashmar





SECRETARY:





REGISTERED OFFICE: Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB





REGISTERED NUMBER: 00810921





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

GREYSTAR LIMITED (REGISTERED NUMBER: 00810921)

BALANCE SHEET
5 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,078 42,070
Investments 5 537,057 537,057
577,135 579,127

CURRENT ASSETS
Cash at bank and in hand 38,219 46,944

CREDITORS
Amounts falling due within one year 6 178,365 201,731
NET CURRENT LIABILITIES (140,146 ) (154,787 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

436,989

424,340

PROVISIONS FOR LIABILITIES 4,022 4,022
NET ASSETS 432,967 420,318

CAPITAL AND RESERVES
Called up share capital 7 99 99
Other reserves 8 7,700 7,700
Retained earnings 8 425,168 412,519
SHAREHOLDERS' FUNDS 432,967 420,318

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

GREYSTAR LIMITED (REGISTERED NUMBER: 00810921)

BALANCE SHEET - continued
5 APRIL 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 16 November 2024 and were signed by:





A Lashmar - Director


GREYSTAR LIMITED (REGISTERED NUMBER: 00810921)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

1. STATUTORY INFORMATION

Greystar Limited is a private company, limited by shares , registered in Not specified/Other. 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.
Improvements to property - 2% on cost
Fixtures and fittings - 15% on reducing balance

Investment properties are not shown in the Balance Sheet at their open market value because the directors consider that to do so would involve expense or delay out of proportion to the value to the members of the company. This policy does not comply with the provisions of Statement of Standard Accounting Practice number 19.

Deferred tax
Where material, provision is made for deferred tax using the liability method to take into account all timing differences between the incidence of income and expenditure for taxation and accounting purposes. The company has not adopted a policy of discounting deferred tax assets and liabilities.


3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
At 6 April 2023
and 5 April 2024 49,092 30,231 79,323
DEPRECIATION
At 6 April 2023 11,699 25,554 37,253
Charge for year 982 1,010 1,992
At 5 April 2024 12,681 26,564 39,245
NET BOOK VALUE
At 5 April 2024 36,411 3,667 40,078
At 5 April 2023 37,393 4,677 42,070

GREYSTAR LIMITED (REGISTERED NUMBER: 00810921)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024

5. FIXED ASSET INVESTMENTS
Investment
properties
£   
COST
At 6 April 2023
and 5 April 2024 537,057
NET BOOK VALUE
At 5 April 2024 537,057
At 5 April 2023 537,057

Investment properties are not shown in the Balance Sheet at their open market value because the directors consider that to do so would involve expense or delay out of proportion to the value to the members of the company.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1,433
Tax 3,421 4,374
Directors' current accounts 173,384 194,364
Accrued expenses 1,560 1,560
178,365 201,731

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
99 Ordinary £1 99 99

8. RESERVES
Retained Other
earnings reserves Totals
£    £    £   

At 6 April 2023 412,519 7,700 420,219
Profit for the year 12,649 12,649
At 5 April 2024 425,168 7,700 432,868