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REGISTERED NUMBER: 13137878 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

GRANGE PARK ENTERPRISES LTD

GRANGE PARK ENTERPRISES LTD (REGISTERED NUMBER: 13137878)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GRANGE PARK ENTERPRISES LTD

COMPANY INFORMATION
for the year ended 31 MAY 2024







DIRECTORS: M Megan
M F Megan





REGISTERED OFFICE: 1 High Street
Thatcham
RG19 3JG





REGISTERED NUMBER: 13137878 (England and Wales)





ACCOUNTANTS: C B Heslop & Company Limited
Chartered Accountants
1 High Street
Thatcham
Berks
RG19 3JG

GRANGE PARK ENTERPRISES LTD (REGISTERED NUMBER: 13137878)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £   
CURRENT ASSETS
Debtors 4 16,458 23,405
Cash at bank 6,955 28,050
23,413 51,455
CREDITORS
Amounts falling due within one year 5 22,051 24,670
NET CURRENT ASSETS 1,362 26,785
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,362

26,785

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 1,162 26,585
1,362 26,785

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 25 February 2025 and were signed on its behalf by:





M F Megan - Director


GRANGE PARK ENTERPRISES LTD (REGISTERED NUMBER: 13137878)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 MAY 2024

1. STATUTORY INFORMATION

Grange Park Enterprises Ltd 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.

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.

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 or deferred taxation assets and liabilities are not discounted.

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 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors - 18,000
Other debtors 16,458 5,405
16,458 23,405

GRANGE PARK ENTERPRISES LTD (REGISTERED NUMBER: 13137878)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 MAY 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Taxation and social security 21,026 19,731
Other creditors 1,025 4,939
22,051 24,670

6. CONTINGENT LIABILITIES

There were no contingent liabilities at the balance sheet date or at 31 May 2023.

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
M Megan
Balance outstanding at start of year - -
Amounts advanced 8,229 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,229 -

M F Megan
Balance outstanding at start of year - -
Amounts advanced 8,229 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,229 -

The above overdrawn loan account balances were repaid within 9 months of the year end.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors by virtue of their issued share capital.