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Company Registration No. 07244449 (England and Wales)
Greystones Investments Ltd Unaudited accounts for the year ended 31 May 2024
Greystones Investments Ltd Unaudited accounts Contents
Page
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Greystones Investments Ltd Company Information for the year ended 31 May 2024
Directors
Peter Sherlock Brenda McEvoy
Company Number
07244449 (England and Wales)
Registered Office
40 MORNINGTON ROAD WOODFORD GREEN ESSEX IG8 0TL ENGLAND
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Greystones Investments Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,225,379 
4,226,485 
Investments
100 
100 
4,225,479 
4,226,585 
Current assets
Debtors
461,306 
2,042,865 
Cash at bank and in hand
108,925 
128,019 
570,231 
2,170,884 
Creditors: amounts falling due within one year
(279,013)
(265,367)
Net current assets
291,218 
1,905,517 
Total assets less current liabilities
4,516,697 
6,132,102 
Creditors: amounts falling due after more than one year
(2,760,913)
(4,500,069)
Net assets
1,755,784 
1,632,033 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,755,684 
1,631,933 
Shareholders' funds
1,755,784 
1,632,033 
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 1 November 2024 and were signed on its behalf by
Peter Sherlock Director Company Registration No. 07244449
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Greystones Investments Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Greystones Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 07244449. The registered office is 40 MORNINGTON ROAD, WOODFORD GREEN, ESSEX, IG8 0TL, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
4,225,379 
3,316 
4,228,695 
At 31 May 2024
4,225,379 
3,316 
4,228,695 
Depreciation
At 1 June 2023
- 
2,210 
2,210 
Charge for the year
- 
1,106 
1,106 
At 31 May 2024
- 
3,316 
3,316 
Net book value
At 31 May 2024
4,225,379 
- 
4,225,379 
At 31 May 2023
4,225,379 
1,106 
4,226,485 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 June 2023
100 
Valuation at 31 May 2024
100 
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Greystones Investments Ltd Notes to the Accounts for the year ended 31 May 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
58,568 
58,568 
Other debtors
402,738 
1,984,297 
461,306 
2,042,865 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
60,000 
75,000 
Taxes and social security
40,048 
29,076 
Other creditors
35,000 
38,717 
Accruals
143,965 
122,574 
279,013 
265,367 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,159,350 
1,529,099 
Other creditors
601,563 
548,390 
Loans from directors
- 
2,422,580 
2,760,913 
4,500,069 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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