Company Registration No. 06887646 (England and Wales)
Grind Ltd
Unaudited accounts
for the year ended 30 April 2024
Grind Ltd
Unaudited accounts
Contents
Grind Ltd
Company Information
for the year ended 30 April 2024
Company Number
06887646 (England and Wales)
Grind Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
32,829
38,621
Cash at bank and in hand
7,995
36,075
Creditors: amounts falling due within one year
(135,857)
(170,270)
Net current liabilities
(84,037)
(100,435)
Net liabilities
(51,208)
(61,814)
Called up share capital
10
10
Profit and loss account
(51,218)
(61,824)
Shareholders' funds
(51,208)
(61,814)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 January 2025 and were signed on its behalf by
Julie Singleton
Director
Company Registration No. 06887646
Grind Ltd
Notes to the Accounts
for the year ended 30 April 2024
Grind Ltd is a private company, limited by shares, registered in England and Wales, registration number 06887646.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2023
126,061
2,003
128,064
At 30 April 2024
126,061
2,003
128,064
At 1 May 2023
88,888
555
89,443
Charge for the year
5,575
217
5,792
At 30 April 2024
94,463
772
95,235
At 30 April 2024
31,598
1,231
32,829
At 30 April 2023
37,173
1,448
38,621
Amounts falling due within one year
Other debtors
38,648
29,732
Grind Ltd
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
30,899
39,897
Trade creditors
43,744
42,139
Taxes and social security
-
27,019
Other creditors
60,500
60,500
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).