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REGISTERED NUMBER: 01404430 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

GROSVENOR CONSTRUCTION SERVICES
(BANBURY) LIMITED

GROSVENOR CONSTRUCTION SERVICES
(BANBURY) LIMITED (REGISTERED NUMBER: 01404430)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GROSVENOR CONSTRUCTION SERVICES
(BANBURY) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mr T R Blencowe
Mrs D Blencowe





REGISTERED OFFICE: Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH





BUSINESS ADDRESS: Old Parish Barn
Sandford St Martin
Chipping Norton
Oxfordshire
OX7 7AG





REGISTERED NUMBER: 01404430 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

GROSVENOR CONSTRUCTION SERVICES
(BANBURY) LIMITED (REGISTERED NUMBER: 01404430)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 135,285 141,880

CURRENT ASSETS
Debtors 5 25,146 73,785
Cash at bank 50,783 -
75,929 73,785
CREDITORS
Amounts falling due within one year 6 111,412 178,369
NET CURRENT LIABILITIES (35,483 ) (104,584 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,802

37,296

CREDITORS
Amounts falling due after more than one
year

7

6,134

10,733
NET ASSETS 93,668 26,563

CAPITAL AND RESERVES
Called up share capital 8 198 198
Retained earnings 93,470 26,365
SHAREHOLDERS' FUNDS 93,668 26,563

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

GROSVENOR CONSTRUCTION SERVICES
(BANBURY) LIMITED (REGISTERED NUMBER: 01404430)

BALANCE SHEET - continued
31 JANUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by:





Mr T R Blencowe - Director


GROSVENOR CONSTRUCTION SERVICES
(BANBURY) LIMITED (REGISTERED NUMBER: 01404430)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Grosvenor Construction Services (Banbury) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Fixtures and fittings - Straight line over 3 years
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

GROSVENOR CONSTRUCTION SERVICES
(BANBURY) LIMITED (REGISTERED NUMBER: 01404430)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2023
and 31 January 2024 175,000 776 52,169 8,789 236,734
DEPRECIATION
At 1 February 2023 45,500 776 39,789 8,789 94,854
Charge for year 3,500 - 3,095 - 6,595
At 31 January 2024 49,000 776 42,884 8,789 101,449
NET BOOK VALUE
At 31 January 2024 126,000 - 9,285 - 135,285
At 31 January 2023 129,500 - 12,380 - 141,880

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 6,600 72,863
Directors' current accounts 18,546 -
Prepayments - 922
25,146 73,785

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 40,521 107,059
Trade creditors - 1,507
Tax 26,060 15,373
Social security and other taxes - 12
VAT 5,058 11,646
Other creditors 34,989 39,989
Directors' current accounts - 83
Accrued expenses 4,784 2,700
111,412 178,369

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans - 1-2 years 4,600 4,600
Bank loans - 2-5 years 1,534 6,133
6,134 10,733

GROSVENOR CONSTRUCTION SERVICES
(BANBURY) LIMITED (REGISTERED NUMBER: 01404430)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
198 Ordinary £1 198 198