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Company Registration No. 14002123 (England and Wales)
Grand Construction and Sons Ltd Unaudited accounts for the year ended 31 March 2024
Grand Construction and Sons Ltd Unaudited accounts Contents
Page
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Grand Construction and Sons Ltd Company Information for the year ended 31 March 2024
Director
G Gore
Company Number
14002123 (England and Wales)
Registered Office
1 THE GLEN WORTHING WEST SUSSEX BN13 2AD United Kingdom
Accountants
Darling & Co 1 The Glen Worthing West Sussex BN13 2AD
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Grand Construction and Sons Ltd Accountants' report
Accountants' report to the director of Grand Construction and Sons Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Grand Construction and Sons Ltd for the year ended 31 March 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Grand Construction and Sons Ltd, as a body, in accordance with the terms of our engagement letter dated 25 March 2022. Our work has been undertaken solely to prepare for your approval the accounts of Grand Construction and Sons Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Grand Construction and Sons Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Grand Construction and Sons Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Grand Construction and Sons Ltd. You consider that Grand Construction and Sons Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Grand Construction and Sons Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Darling & Co 1 The Glen Worthing West Sussex BN13 2AD 26 March 2025
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Grand Construction and Sons Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,089 
1,215 
Current assets
Inventories
630 
1,500 
Debtors
21,353 
14,495 
Cash at bank and in hand
1,295 
17,413 
23,278 
33,408 
Creditors: amounts falling due within one year
(6,041)
(22,137)
Net current assets
17,237 
11,271 
Net assets
18,326 
12,486 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
18,226 
12,386 
Shareholders' funds
18,326 
12,486 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 March 2025 and were signed on its behalf by
G Gore Director Company Registration No. 14002123
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Grand Construction and Sons Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Grand Construction and Sons Ltd is a private company, limited by shares, registered in England and Wales, registration number 14002123. The registered office is 1 THE GLEN, WORTHING, WEST SUSSEX, BN13 2AD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
over ten years
Computer equipment
over ten years
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
842 
439 
1,281 
At 31 March 2024
842 
439 
1,281 
Depreciation
At 1 April 2023
7 
59 
66 
Charge for the year
43 
83 
126 
At 31 March 2024
50 
142 
192 
Net book value
At 31 March 2024
792 
297 
1,089 
At 31 March 2023
835 
380 
1,215 
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Grand Construction and Sons Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,067 
900 
Accrued income and prepayments
150 
63 
Other debtors
15,136 
13,532 
21,353 
14,495 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
582 
2,798 
Taxes and social security
4,709 
11,913 
Other creditors
750 
6,190 
Loans from directors
- 
1,236 
6,041 
22,137 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
A Mitchell
Director's loan account
3,157 
3,314 
- 
6,471 
G Gore
Director's loan account
10,375 
- 
1,710 
8,665 
13,532 
3,314 
1,710 
15,136 
8
Average number of employees
During the year the average number of employees was 2 (2023: 3).
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