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REGISTERED NUMBER: 09080404 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

GRAKELL LTD

GRAKELL LTD (REGISTERED NUMBER: 09080404)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GRAKELL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Ms S M Graves
Mrs J I Moeckell





REGISTERED OFFICE: 40/41 Great Castle Street
Second Floor
Windsor House
London
W1W 8LU





REGISTERED NUMBER: 09080404 (England and Wales)





ACCOUNTANTS: Jamieson Stone LLP
Windsor House
40/41 Great Castle Street
London
W1W 8LU

GRAKELL LTD (REGISTERED NUMBER: 09080404)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 3 - -
Investment property 4 323,461 723,461
323,461 723,461

CURRENT ASSETS
Cash at bank and in hand 57,810 28,547

CREDITORS
Amounts falling due within one year 5 (38,946 ) (27,988 )
NET CURRENT ASSETS 18,864 559
TOTAL ASSETS LESS CURRENT
LIABILITIES

342,325

724,020

CREDITORS
Amounts falling due after more than one year 6 (304,286 ) (554,062 )
NET ASSETS 38,039 169,958

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 - 101,583
Retained earnings 37,939 68,275
SHAREHOLDERS' FUNDS 38,039 169,958

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

GRAKELL LTD (REGISTERED NUMBER: 09080404)

BALANCE SHEET - continued
30 JUNE 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 24 March 2025 and were signed on its behalf by:





Mrs J I Moeckell - Director


GRAKELL LTD (REGISTERED NUMBER: 09080404)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. 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 the total amount receivable by the company excluding value added tax, in the ordinary course of its business for goods supplied and services provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixture & equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2. EMPLOYEES AND DIRECTORS

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

3. TANGIBLE FIXED ASSETS
Fixture &
equipment
£   
COST
At 1 July 2023
and 30 June 2024 3,984
DEPRECIATION
At 1 July 2023
and 30 June 2024 3,984
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

GRAKELL LTD (REGISTERED NUMBER: 09080404)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 723,461
Disposals (400,000 )
At 30 June 2024 323,461
NET BOOK VALUE
At 30 June 2024 323,461
At 30 June 2023 723,461

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 17,700 17,700
Trade creditors - 2
Corporation tax 35 4,906
Other creditors 12,620 1,205
Directors' current accounts 1,090 1,090
Accruals and deferred income 7,501 3,085
38,946 27,988

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans due between
1 & 2 years 35,400 35,400
Bank loans due between
2 & 5 years 62,700 62,700
Bank loans due after 5 years
by instalments 42,950 42,950
Directors' loan accounts 163,236 413,012
304,286 554,062

Amounts falling due in more than five years:

Repayable by instalments
Bank loans due after 5 years
by instalments 42,950 42,950
42,950 42,950

GRAKELL LTD (REGISTERED NUMBER: 09080404)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. RESERVES
Revaluation
reserve
£   
At 1 July 2023 101,583
Revaluation (101,583 )

At 30 June 2024 -