GRID ENGINEERING AND COMMISSIONING LIMITED

Company Registration Number:
12123313 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

GRID ENGINEERING AND COMMISSIONING LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

GRID ENGINEERING AND COMMISSIONING LIMITED

Company Information

for the Period Ended 31 July 2024




Director: Michael Brown
Registered office: 2
Bamford Grove
Uttoxeter
Staffordshire
GBR
ST14 5NS
Company Registration Number: 12123313 (England and Wales)

GRID ENGINEERING AND COMMISSIONING LIMITED

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 10,314 7,969
Total fixed assets: 10,314 7,969
Current assets
Debtors: 5,999 26,815
Cash at bank and in hand: 56,148 44,220
Total current assets: 62,147 71,035
Creditors: amounts falling due within one year: ( 21,064 ) ( 32,234 )
Net current assets (liabilities): 41,083 38,801
Total assets less current liabilities: 51,397 46,770
Creditors: amounts falling due after more than one year: ( 3,987 ) ( 6,447 )
Provision for liabilities: ( 1,960 ) ( 1,564 )
Total net assets (liabilities): 45,450 38,759

The notes form part of these financial statements

GRID ENGINEERING AND COMMISSIONING LIMITED

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 45,350 38,659
Shareholders funds: 45,450 38,759

For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 16 January 2025
And Signed On Behalf Of The Board By:

Name: Michael Brown
Status: Director

The notes form part of these financial statements

GRID ENGINEERING AND COMMISSIONING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents invoiced sales net of value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Office equipment:- 25% per annum on cost. Plant and machinery:- 25% per annum on cost.

    Other accounting policies

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

GRID ENGINEERING AND COMMISSIONING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

GRID ENGINEERING AND COMMISSIONING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

GRID ENGINEERING AND COMMISSIONING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible Assets

Total
Cost £
At 01 August 2023 28,180
Additions 9,179
Disposals -
Revaluations -
Transfers -
At 31 July 2024 37,359
Depreciation
At 01 August 2023 20,211
Charge for year 6,834
On disposals -
Other adjustments -
At 31 July 2024 27,045
Net book value
At 31 July 2024 10,314
At 31 July 2023 7,969