GRAVIS ADCO 1 LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Gravis ADCo 1 Ltd is a private company, limited by shares and incorporated in England and Wales, registration number 13405585. The registered office is 24 Savile Row, London, W1S 2ES.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
These financial statements are presented in sterling, which is the functional currency of the Company and rounded to the nearest £.
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Compliance with accounting standards
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The financial statements have been prepared using FRS102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland, including the disclosure and presentation requirements of Section 1A, applicable to small companies. There were no material departures from that standard.
Short term debtors are measured at transaction price, less any impairment.
The Company has no employees other than the Directors, who did not receive any remuneration (2023 -£NIL).
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Called up share capital not paid
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Allotted, called up and fully paid
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1 (2023 - 1) Ordinary share of £1.00
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