2023-10-01 11548185 2024-09-30 11548185 2023-10-01 2024-09-30 11548185 2023-09-30 11548185 2022-10-01 2023-09-30 11548185 uk-core:WithinOneYear 2023-09-30 11548185 uk-core:WithinOneYear 2024-09-30 11548185 uk-core:AfterOneYear 2023-09-30 11548185 uk-core:AfterOneYear 2024-09-30 11548185 uk-core:ShareCapital 2024-09-30 11548185 uk-core:ShareCapital 2023-09-30 11548185 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 11548185 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 11548185 uk-bus:Director1 2023-10-01 2024-09-30 11548185 uk-core:PlantMachinery 2023-10-01 2024-09-30 11548185 uk-core:FurnitureFittings 2023-10-01 2024-09-30 11548185 uk-core:FurnitureFittings 2023-09-30 11548185 uk-core:PlantMachinery 2023-09-30 11548185 uk-core:PlantMachinery 2024-09-30 11548185 uk-core:FurnitureFittings 2024-09-30 11548185 uk-core:OtherThanOnDemand 2024-09-30 11548185 uk-core:OtherThanOnDemand 2023-09-30 11548185 uk-core:AfterOneYear 2023-10-01 2024-09-30 11548185 uk-core:BetweenTwoFiveYears 2023-09-30 11548185 uk-core:BetweenTwoFiveYears 2024-09-30 iso4217:GBP xbrli:pure 11548185 uk-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 11548185 uk-bus:FRS102 2023-10-01 2024-09-30 11548185 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 11548185 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
Greyfriars Project Management Limited
Registered Number:11548185
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2024
Greyfriars Project Management Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
3
Registered Number :
11548185
As at 30 September 2024
Greyfriars Project Management Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
17,545
7,444
2
17,545
7,444
Current assets
Inventories
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
Capital and reserves
Called up share capital
10
10
Retained earnings
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.
JNJ Barnard Director
These financial statements were approved and authorised for issue by the Board on 13 February 2025 and were signed by:
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4
Registered Number :
11548185
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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5
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.
Registered address:
Suite E
Queens House
123-129 Queens Road
Norwich
NR1 3PL
The presentation currency is £ sterling.
1. Accounting policies
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
33.33% Straight line
10% Straight line
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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6
For the year ended 30 September 2024
Greyfriars Project Management Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Furniture and
Fittings
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 October 2023
15,366
4,965
10,401
13,648
10,009
3,639
Additions
At 30 September 2024
14,040
14,974
29,014
Provision for depreciation and impairment
At 01 October 2023
7,922
942
6,980
Charge for year
3,547
937
2,610
At 30 September 2024
11,469
1,879
9,590
At 30 September 2024
Net book value
4,450
13,095
17,545
At 30 September 2023
3,421
4,023
7,444
3. Inventories
2023
2024
£
£
Stocks
36,499
50,986
4. Trade and other receivables
2023
2024
£
£
Trade debtors
123,522
86,238
Other debtors
25,997
2,161
88,399
149,519
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
35,374
4,639
Taxation and social security
69,834
112,551
Other creditors
3,622
13,906
108,830
131,096
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7
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
Lease 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
Within 1 year
10,329
2,582
Within 2 to 5 years
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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