2 2 Grangefield Products (Mail Order) Ltd 00961692 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is Printing. Digita Accounts Production Advanced 6.30.9574.0 true 00961692 2023-06-01 2024-05-31 00961692 2024-05-31 00961692 core:CurrentFinancialInstruments 2024-05-31 00961692 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 00961692 core:Non-currentFinancialInstruments core:AfterOneYear 2024-05-31 00961692 core:FurnitureFittings 2024-05-31 00961692 core:OtherPropertyPlantEquipment 2024-05-31 00961692 bus:SmallEntities 2023-06-01 2024-05-31 00961692 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 00961692 bus:FilletedAccounts 2023-06-01 2024-05-31 00961692 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 00961692 bus:RegisteredOffice 2023-06-01 2024-05-31 00961692 bus:CompanySecretaryDirector1 2023-06-01 2024-05-31 00961692 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 00961692 core:FurnitureFittings 2023-06-01 2024-05-31 00961692 core:OtherPropertyPlantEquipment 2023-06-01 2024-05-31 00961692 core:PlantMachinery 2023-06-01 2024-05-31 00961692 countries:EnglandWales 2023-06-01 2024-05-31 00961692 2023-05-31 00961692 core:FurnitureFittings 2023-05-31 00961692 core:OtherPropertyPlantEquipment 2023-05-31 00961692 2022-06-01 2023-05-31 00961692 2023-05-31 00961692 core:CurrentFinancialInstruments 2023-05-31 00961692 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 00961692 core:Non-currentFinancialInstruments core:AfterOneYear 2023-05-31 00961692 core:FurnitureFittings 2023-05-31 00961692 core:OtherPropertyPlantEquipment 2023-05-31 xbrli:pure iso4217:GBP

Registration number: 00961692

Grangefield Products (Mail Order) Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

Grangefield Products (Mail Order) Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Grangefield Products (Mail Order) Ltd

(Registration number: 00961692)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

10,998

12,938

Current assets

 

Stocks

4,890

5,250

Debtors

5

27,920

43,622

Cash at bank and in hand

 

11,407

28,552

 

44,217

77,424

Creditors: Amounts falling due within one year

6

(47,202)

(68,165)

Net current (liabilities)/assets

 

(2,985)

9,259

Total assets less current liabilities

 

8,013

22,197

Creditors: Amounts falling due after more than one year

6

(4,602)

(8,654)

Net assets

 

3,411

13,543

Capital and reserves

 

Called up share capital

1,000

1,000

Share premium reserve

411

411

Retained earnings

2,000

12,132

Shareholders' funds

 

3,411

13,543

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 February 2025
 

.........................................
Mr Jonathan Mark Dyson
Company secretary and director

 

Grangefield Products (Mail Order) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1065 - 1069 Thornton Road
Bradford
West Yorkshire
BD8 0PA

These financial statements were authorised for issue by the director on 3 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A
- 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture and fittings

15% reducing balance

Plant and machinery

15% reducing balance

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

 

Grangefield Products (Mail Order) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

4

Tangible assets

Fixtures and fittings
£

Plant and machinery
 £

Total
£

Cost or valuation

At 1 June 2023

25,427

225,457

250,884

At 31 May 2024

25,427

225,457

250,884

Depreciation

At 1 June 2023

24,846

213,100

237,946

Charge for the year

87

1,853

1,940

At 31 May 2024

24,933

214,953

239,886

Carrying amount

At 31 May 2024

494

10,504

10,998

At 31 May 2023

581

12,357

12,938

5

Debtors

2024
£

2023
£

Trade debtors

20,696

36,659

Prepayments

991

2,063

Other debtors

6,233

4,900

27,920

43,622

 

Grangefield Products (Mail Order) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

20,620

30,967

Trade creditors

 

1,826

13,102

Taxation and social security

 

4,840

7,089

Accruals and deferred income

 

2,045

1,979

Other creditors

 

17,871

15,028

 

47,202

68,165

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

4,602

8,654