81 false false false false false false false false false false true false false false false false false No description of principal activity 2023-05-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 01426081 2023-05-01 2024-04-30 01426081 2024-04-30 01426081 2023-04-30 01426081 2022-05-01 2023-04-30 01426081 2023-04-30 01426081 2022-04-30 01426081 bus:Director1 2023-05-01 2024-04-30 01426081 bus:Director2 2023-05-01 2024-04-30 01426081 core:LandBuildings core:OwnedOrFreeholdAssets 2023-04-30 01426081 core:LandBuildings core:LongLeaseholdAssets 2023-04-30 01426081 core:PlantMachinery 2023-04-30 01426081 core:FurnitureFittingsToolsEquipment 2023-04-30 01426081 core:LandBuildings core:OwnedOrFreeholdAssets 2024-04-30 01426081 core:LandBuildings core:LongLeaseholdAssets 2024-04-30 01426081 core:PlantMachinery 2024-04-30 01426081 core:FurnitureFittingsToolsEquipment 2024-04-30 01426081 core:MotorVehicles 2024-04-30 01426081 core:LandBuildings core:LongLeaseholdAssets 2023-05-01 2024-04-30 01426081 core:PlantMachinery 2023-05-01 2024-04-30 01426081 core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 01426081 core:MotorVehicles 2023-05-01 2024-04-30 01426081 core:WithinOneYear 2024-04-30 01426081 core:WithinOneYear 2023-04-30 01426081 core:AfterOneYear 2024-04-30 01426081 core:AfterOneYear 2023-04-30 01426081 core:RevaluationReserve 2024-04-30 01426081 core:RevaluationReserve 2023-04-30 01426081 core:CapitalRedemptionReserve 2024-04-30 01426081 core:CapitalRedemptionReserve 2023-04-30 01426081 core:Share-basedPaymentsReserve 2024-04-30 01426081 core:Share-basedPaymentsReserve 2023-04-30 01426081 core:RetainedEarningsAccumulatedLosses 2024-04-30 01426081 core:RetainedEarningsAccumulatedLosses 2023-04-30 01426081 core:ProvisionsDeferredTax 2024-04-30 01426081 core:ProvisionsDeferredTax 2023-04-30 01426081 core:LandBuildings core:OwnedOrFreeholdAssets 2023-04-30 01426081 core:LandBuildings core:LongLeaseholdAssets 2023-04-30 01426081 core:PlantMachinery 2023-04-30 01426081 core:FurnitureFittingsToolsEquipment 2023-04-30 01426081 bus:SmallEntities 2023-05-01 2024-04-30 01426081 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 01426081 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 01426081 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 01426081 bus:FullAccounts 2023-05-01 2024-04-30 01426081 core:RevaluationReserve 2023-05-01 2024-04-30
COMPANY REGISTRATION NUMBER: 01426081
Gramelan Limited
Filleted Unaudited Financial Statements
30 April 2024
Gramelan Limited
Balance Sheet
30 April 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
5
2,938,799
2,586,028
Current assets
Stocks
59,886
47,900
Debtors
7
297,649
45,640
Cash at bank and in hand
1,677,189
1,777,797
------------
------------
2,034,724
1,871,337
Creditors: amounts falling due within one year
8
954,578
630,542
------------
------------
Net current assets
1,080,146
1,240,795
------------
------------
Total assets less current liabilities
4,018,945
3,826,823
Creditors: amounts falling due after more than one year
9
31,540
11,814
Provisions
94,300
78,190
------------
------------
Net assets
3,893,105
3,736,819
------------
------------
Capital and reserves
Revaluation reserve
11
352,125
369,860
Capital redemption reserve
11
10,371
10,371
Called up Share Capital
11
10,373
10,373
Profit and loss account
11
3,520,236
3,346,215
------------
------------
Shareholders funds
3,893,105
3,736,819
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Gramelan Limited
Balance Sheet (continued)
30 April 2024
These financial statements were approved by the board of directors and authorised for issue on 28 January 2025 , and are signed on behalf of the board by:
R Job
M Job
Director
Director
Company registration number: 01426081
Gramelan Limited
Notes to the Financial Statements
Year ended 30 April 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is St Denys House, 22 East Hill, St Austell, PL25 4TR, England.
2. Basis of preparation 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.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
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.
Tangible assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated life; Plant & equipment 15% reducing balance Fixtures & fittings 15% reducing balance Motor vehicles 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 81 (2023: 61 ).
5. Tangible assets
Investment property
Land and buildings
Plant and machinery
Fixtures, fittings and equipment
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 May 2023
749,245
1,881,299
886,005
100,178
3,616,727
Additions
298,275
198,766
40,049
44,977
582,067
Disposals
( 74,800)
( 74,800)
---------
------------
------------
---------
--------
------------
At 30 Apr 2024
749,245
2,179,574
1,009,971
140,227
44,977
4,123,994
---------
------------
------------
---------
--------
------------
Depreciation
At 1 May 2023
434,857
544,377
51,465
1,030,699
Charge for the year
81,055
96,875
13,512
6,297
197,739
Disposals
( 43,243)
( 43,243)
---------
------------
------------
---------
--------
------------
At 30 Apr 2024
515,912
598,009
64,977
6,297
1,185,195
---------
------------
------------
---------
--------
------------
Carrying amount
At 30 Apr 2024
749,245
1,663,662
411,962
75,250
38,680
2,938,799
---------
------------
------------
---------
--------
------------
At 30 Apr 2023
749,245
1,446,442
341,628
48,713
2,586,028
---------
------------
------------
---------
--------
------------
6. Investment property
Total
£
FAIR VALUE
At 1 May 2023
749,245
At 30 April 2024
749,245
NET BOOK VALUE
At 30 April 2024
749,245
At 30 April 2023
749,245
Test
7. Debtors
2024
2023
£
£
Trade debtors
16,548
1,253
Other debtors
281,101
44,387
---------
--------
297,649
45,640
---------
--------
8. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
151,687
102,411
Corporation tax
89,432
106,759
Social security and other taxes
25,178
68,501
Other creditors
688,281
352,871
---------
---------
954,578
630,542
---------
---------
9. Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
31,540
11,814
--------
--------
10. Deferred tax
The deferred tax included in the balance sheet is as follows:
2024
2023
£
£
Included in provisions
94,300
78,190
--------
--------
The deferred tax account consists of the tax effect of timing differences in respect of:
2024
2023
£
£
Provisions
94,300
78,190
--------
--------
11
.Reserves
Revaluation reserve
£
At 1 May 2023369,860
Reclassification(14,989)
Revaluation - Deferred Tax(2,746)
At 30 April 2024352,125
12. Directors' advances, credits and guarantees
As at 30 April 2024 there was a balance due to the directors from the company of £143,735 (2023:£220,035).