Company Registration No. 09818235 (England and Wales)
GRAVITON GLOBAL HOLDINGS LTD
Unaudited accounts
for the year ended 30 April 2024
GRAVITON GLOBAL HOLDINGS LTD
Unaudited accounts
Contents
GRAVITON GLOBAL HOLDINGS LTD
Company Information
for the year ended 30 April 2024
Director
Prem Kumar Perumal
Company Number
09818235 (England and Wales)
Registered Office
First floor office
19 Hercules Way
Farnborough
GU14 6UU
England
GRAVITON GLOBAL HOLDINGS LTD
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
271
14,462
Creditors: amounts falling due within one year
(14,102)
10,107
Net current assets
30,155
30,629
Total assets less current liabilities
31,052
31,750
Creditors: amounts falling due after more than one year
(19,867)
(24,565)
Called up share capital
1
1
Profit and loss account
11,184
7,184
Shareholders' funds
11,185
7,185
For the year ending 30 April 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 28 January 2025 and were signed on its behalf by
Prem Kumar Perumal
Director
Company Registration No. 09818235
GRAVITON GLOBAL HOLDINGS LTD
Notes to the Accounts
for the year ended 30 April 2024
GRAVITON GLOBAL HOLDINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 09818235. The registered office is First floor office, 19 Hercules Way, Farnborough, GU14 6UU, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
During the previous year the company was in receipt of relief in respect of the Bounce Back Loan Scheme (BBLS). The Business Interruption Payment made by the government on behalf of the company has been brought in as a grant income and reflects the amounts relating to the financial year.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
1,049
233
444
1,726
At 30 April 2024
1,049
233
444
1,726
At 1 May 2023
205
138
262
605
Charge for the year
169
19
36
224
At 30 April 2024
374
157
298
829
At 30 April 2024
675
76
146
897
At 30 April 2023
844
95
182
1,121
GRAVITON GLOBAL HOLDINGS LTD
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Other debtors
43,965
6,039
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,208
5,836
Taxes and social security
2,438
2,513
Other creditors
2,772
(109)
Loans from directors
-
(18,947)
7
Creditors: amounts falling due after more than one year
2024
2023
Trade creditors
6,420
11,460
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).