Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 12678230 Mrs Michelle Bookey Mrs Michelle Bookey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12678230 2023-06-30 12678230 2024-06-30 12678230 2023-07-01 2024-06-30 12678230 frs-core:CurrentFinancialInstruments 2024-06-30 12678230 frs-core:Non-currentFinancialInstruments 2024-06-30 12678230 frs-core:ComputerEquipment 2024-06-30 12678230 frs-core:ComputerEquipment 2023-07-01 2024-06-30 12678230 frs-core:ComputerEquipment 2023-06-30 12678230 frs-core:FurnitureFittings 2024-06-30 12678230 frs-core:FurnitureFittings 2023-07-01 2024-06-30 12678230 frs-core:FurnitureFittings 2023-06-30 12678230 frs-core:MotorVehicles 2024-06-30 12678230 frs-core:MotorVehicles 2023-07-01 2024-06-30 12678230 frs-core:MotorVehicles 2023-06-30 12678230 frs-core:PlantMachinery 2024-06-30 12678230 frs-core:PlantMachinery 2023-07-01 2024-06-30 12678230 frs-core:PlantMachinery 2023-06-30 12678230 frs-core:ShareCapital 2024-06-30 12678230 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12678230 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12678230 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12678230 frs-bus:SmallEntities 2023-07-01 2024-06-30 12678230 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12678230 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12678230 frs-bus:Director1 2023-07-01 2024-06-30 12678230 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 12678230 frs-countries:EnglandWales 2023-07-01 2024-06-30 12678230 2022-06-30 12678230 2023-06-30 12678230 2022-07-01 2023-06-30 12678230 frs-core:CurrentFinancialInstruments 2023-06-30 12678230 frs-core:Non-currentFinancialInstruments 2023-06-30 12678230 frs-core:ShareCapital 2023-06-30 12678230 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12678230
Grosvenor Event Rentals Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12678230
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 189,191 205,748
189,191 205,748
CURRENT ASSETS
Stocks 5 87,420 2,516
Debtors 6 91,614 51,340
Cash at bank and in hand 6,583 3,944
185,617 57,800
Creditors: Amounts Falling Due Within One Year 7 (168,786 ) (87,394 )
NET CURRENT ASSETS (LIABILITIES) 16,831 (29,594 )
TOTAL ASSETS LESS CURRENT LIABILITIES 206,022 176,154
Creditors: Amounts Falling Due After More Than One Year 8 (214,373 ) (185,763 )
NET LIABILITIES (8,351 ) (9,609 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (8,352 ) (9,610 )
SHAREHOLDERS' FUNDS (8,351) (9,609)
Page 1
Page 2
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Michelle Bookey
Director
15/01/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Grosvenor Event Rentals Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12678230 . The registered office is 16 Hillview Gardens, London, NW4 2JH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 25% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 6)
5 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2023 34,678 206,166 91,737 916 333,497
Additions 11,555 21,125 9,487 - 42,167
As at 30 June 2024 46,233 227,291 101,224 916 375,664
Depreciation
As at 1 July 2023 15,297 76,117 36,106 229 127,749
Provided during the period 7,734 37,794 13,024 172 58,724
As at 30 June 2024 23,031 113,911 49,130 401 186,473
...CONTINUED
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Net Book Value
As at 30 June 2024 23,202 113,380 52,094 515 189,191
As at 1 July 2023 19,381 130,049 55,631 687 205,748
5. Stocks
2024 2023
£ £
Stock 87,420 2,516
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 48,834 23,147
Other debtors 42,780 28,193
91,614 51,340
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 90,069 34,411
Bank loans and overdrafts 21,246 7,363
VAT 8,063 15,623
Other creditors 49,408 29,997
168,786 87,394
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 214,373 185,763
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4