Greyfriars Project Management Limited |
Registered Number:11548185 |
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2024
Greyfriars Project Management Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Greyfriars Project Management Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
17,545
7,444
2
17,545
7,444
50,986
36,499
3
Trade and other receivables |
88,399
149,519
4
258,443
Cash and cash equivalents |
221,316
407,334
397,828
Trade and other payables: amounts falling due within one |
year |
(131,096)
(108,830)
5
266,732
298,504
Net current assets
Total assets less current liabilities |
316,049
274,176
Trade and other payables: amounts falling due after more |
than one year |
-
(1,884)
6
(4,386)
(73)
Provisions for liabilities |
309,779
Net assets
274,103
10
10
309,769
274,093
309,779
274,103
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 13 February 2025 and were signed by: |
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For the year ended 30 September 2024
Greyfriars Project Management Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 30 September 2024
Greyfriars Project Management Limited
Notes to the Financial Statements
Statutory Information
Greyfriars Project Management Limited is a private limited company, limited by shares, domiciled in England and |
Wales, registration number 11548185. |
Suite E
Queens House
123-129 Queens Road
Norwich
NR1 3PL
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
In the year ended 30 September 2022 the accounts were prepared under the micro entity provisions of FRS 105. In |
producing the accounts for the year ended 30 September 2023 the figures for 2022 have been restated to provide |
comparatives, no alterations have been made to the total figures. |
Property, plant and equipment
Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Furniture and Fittings
Inventories
Inventories represents work carried out by the year end but not invoiced to the customer at the lower of cost and net realisable value. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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For the year ended 30 September 2024
Greyfriars Project Management Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
15,366
4,965
10,401
13,648
10,009
3,639
14,040
14,974
29,014
Provision for depreciation and impairment |
7,922
942
6,980
Charge for year
3,547
937
2,610
11,469
1,879
9,590
4,450
13,095
17,545
3,421
4,023
7,444
2023
2024
36,499
50,986
4. Trade and other receivables |
2023
2024
123,522
86,238
25,997
2,161
88,399
149,519
5. Trade and other payables: amounts falling due within one year |
2023
2024
35,374
4,639
Taxation and social security |
69,834
112,551
3,622
13,906
108,830
131,096
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For the year ended 30 September 2024
Greyfriars Project Management Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
Accruals and deferred income |
1,884
-
Analysis of creditors falling due after more than five years: |
Payable otherwise than by instalments |
1,884
-
The £1,884 (2023 £0) is a provision for dilpidations at the end of the 5 year lease. |
7. Guarantees and other financial commitments |
At 30 September 2024 the company had annual commitments under non-cancellable operating leases as set out |
below: |
2023
2024
Operating leases which expire: |
7,747
7,747
10,329
2,582
10,329
18,076
8. Average number of persons employed |
During the year the average number of employees was 17 (2023 : 14)
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