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Company Registration No. 6650378 (England and Wales)
Graeme Strong Limited Unaudited accounts for the year ended 31 July 2024
Graeme Strong Limited Unaudited accounts Contents
Page
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Graeme Strong Limited Company Information for the year ended 31 July 2024
Director
Graeme Strong
Secretary
Natalie Strong
Company Number
6650378 (England and Wales)
Registered Office
82 ORMISTON ROAD LONDON SE10 0LN
Accountants
David Meyer FCCA 2 Downage London NW4 1AA
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Graeme Strong Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
28,058 
26,643 
Current assets
Debtors
5,833 
- 
Cash at bank and in hand
89,203 
142,138 
95,036 
142,138 
Creditors: amounts falling due within one year
(122,399)
(109,030)
Net current (liabilities)/assets
(27,363)
33,108 
Net assets
695 
59,751 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
595 
59,651 
Shareholders' funds
695 
59,751 
For the year ending 31 July 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 17 February 2025 and were signed on its behalf by
Graeme Strong Director Company Registration No. 6650378
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Graeme Strong Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Graeme Strong Limited is a private company, limited by shares, registered in England and Wales, registration number 6650378. The registered office is 82 ORMISTON ROAD, LONDON, SE10 0LN.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
129,318 
14,350 
143,668 
Additions
10,768 
- 
10,768 
At 31 July 2024
140,086 
14,350 
154,436 
Depreciation
At 1 August 2023
105,230 
11,795 
117,025 
Charge for the year
8,714 
639 
9,353 
At 31 July 2024
113,944 
12,434 
126,378 
Net book value
At 31 July 2024
26,142 
1,916 
28,058 
At 31 July 2023
24,088 
2,555 
26,643 
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Graeme Strong Limited Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,833 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
490 
VAT
3,199 
1,191 
Trade creditors
- 
249 
Taxes and social security
(5,143)
5,793 
Loans from directors
124,094 
101,307 
Accruals
249 
- 
122,399 
109,030 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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