Silverfin false false 31/10/2024 01/11/2023 31/10/2024 Catherine Causebrook 07/04/2018 James Nicholas Causebrook 18/12/2014 Samantha Laurin Smith 07/04/2018 05 March 2025 The principal activity of the Company in the year under review was that of agents for a manufacturer of food packaging machinery. 09361278 2024-10-31 09361278 bus:Director1 2024-10-31 09361278 bus:Director2 2024-10-31 09361278 bus:Director3 2024-10-31 09361278 2023-10-31 09361278 core:CurrentFinancialInstruments 2024-10-31 09361278 core:CurrentFinancialInstruments 2023-10-31 09361278 core:Non-currentFinancialInstruments 2024-10-31 09361278 core:Non-currentFinancialInstruments 2023-10-31 09361278 core:ShareCapital 2024-10-31 09361278 core:ShareCapital 2023-10-31 09361278 core:RetainedEarningsAccumulatedLosses 2024-10-31 09361278 core:RetainedEarningsAccumulatedLosses 2023-10-31 09361278 core:CostValuation 2023-10-31 09361278 core:CostValuation 2024-10-31 09361278 bus:OrdinaryShareClass1 2024-10-31 09361278 bus:OrdinaryShareClass2 2024-10-31 09361278 2023-11-01 2024-10-31 09361278 bus:FilletedAccounts 2023-11-01 2024-10-31 09361278 bus:SmallEntities 2023-11-01 2024-10-31 09361278 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 09361278 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09361278 bus:Director1 2023-11-01 2024-10-31 09361278 bus:Director2 2023-11-01 2024-10-31 09361278 bus:Director3 2023-11-01 2024-10-31 09361278 2022-11-01 2023-10-31 09361278 core:Non-currentFinancialInstruments 2023-11-01 2024-10-31 09361278 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 09361278 bus:OrdinaryShareClass1 2022-11-01 2023-10-31 09361278 bus:OrdinaryShareClass2 2023-11-01 2024-10-31 09361278 bus:OrdinaryShareClass2 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09361278 (England and Wales)

GRUNWALD ENGINEERING SERVICES LTD

Unaudited Financial Statements
For the financial year ended 31 October 2024
Pages for filing with the registrar

GRUNWALD ENGINEERING SERVICES LTD

Unaudited Financial Statements

For the financial year ended 31 October 2024

Contents

GRUNWALD ENGINEERING SERVICES LTD

COMPANY INFORMATION

For the financial year ended 31 October 2024
GRUNWALD ENGINEERING SERVICES LTD

COMPANY INFORMATION (continued)

For the financial year ended 31 October 2024
DIRECTORS Catherine Causebrook
James Nicholas Causebrook
Samantha Laurin Smith
REGISTERED OFFICE 18 Northgate
Sleaford
NG34 7BJ
United Kingdom
BUSINESS ADDRESS Unit 1
Blankney Grange
Longwood Lane
Blankney
Lincoln
LN4 3BD
COMPANY NUMBER 09361278 (England and Wales)
ACCOUNTANT Duncan & Toplis Limited
18 Northgate
Sleaford
Lincolnshire
NG34 7BJ
GRUNWALD ENGINEERING SERVICES LTD

STATEMENT OF FINANCIAL POSITION

As at 31 October 2024
GRUNWALD ENGINEERING SERVICES LTD

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 October 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 279,450 279,450
279,450 279,450
Current assets
Debtors 4 139 109
Cash at bank and in hand 1,317 2,797
1,456 2,906
Creditors: amounts falling due within one year 5 ( 120,493) ( 212,325)
Net current liabilities (119,037) (209,419)
Total assets less current liabilities 160,413 70,031
Creditors: amounts falling due after more than one year 6 ( 6,094) ( 16,514)
Net assets 154,319 53,517
Capital and reserves
Called-up share capital 7 100 100
Profit and loss account 154,219 53,417
Total shareholders' funds 154,319 53,517

For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Grunwald Engineering Services Ltd (registered number: 09361278) were approved and authorised for issue by the Board of Directors on 05 March 2025. They were signed on its behalf by:

James Nicholas Causebrook
Director
GRUNWALD ENGINEERING SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
GRUNWALD ENGINEERING SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Grunwald Engineering Services Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 18 Northgate, Sleaford, NG34 7BJ, United Kingdom. The principal place of business is Unit 1, Blankney Grange, Longwood Lane, Blankney, Lincoln, LN4 3BD.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Fixed asset investments

The value of the company's interest in it's subsidiary company Grunwald UK Limited is reflected at the original value of the company at the time of it's acquisition. The directors consider any diminution in value experienced by the subsidiary since acquisition is not permanent, and as such no adjustment has been made in the financial statements.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 November 2023 279,450
At 31 October 2024 279,450
Carrying value at 31 October 2024 279,450
Carrying value at 31 October 2023 279,450

4. Debtors

2024 2023
£ £
Other debtors 139 109

5. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 10,355 10,098
Amounts owed to Group undertakings 107,549 199,748
Other taxation and social security 1,071 1,139
Other creditors 1,518 1,340
120,493 212,325

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 6,094 16,514

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
55 B ordinary shares of £ 1.00 each 55 55
45 C ordinary shares of £ 1.00 each 45 45
100 100