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Company Registration No. 14190713 (England and Wales)
Greys Capital Limited Unaudited accounts for the year ended 30 June 2024
Greys Capital Limited Unaudited accounts Contents
Page
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Greys Capital Limited Company Information for the year ended 30 June 2024
Director
Lydia Sayers
Company Number
14190713 (England and Wales)
Registered Office
47a Broadgates Market Place Henley On Thames RG9 2AD United Kingdom
Accountants
Balmoral Consultancy Services Limited Congress House 14 Lyon Road Harrow Middlesex HA1 2EN
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Greys Capital Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
213,402 
213,402 
Cash at bank and in hand
100 
100 
213,502 
213,502 
Creditors: amounts falling due within one year
(11,200)
(11,200)
Net current assets
202,302 
202,302 
Total assets less current liabilities
202,302 
202,302 
Creditors: amounts falling due after more than one year
(204,302)
(203,102)
Net liabilities
(2,000)
(800)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,100)
(900)
Shareholders' funds
(2,000)
(800)
For the year ending 30 June 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 her 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 25 March 2025 and were signed on its behalf by
Lydia Sayers Director Company Registration No. 14190713
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Greys Capital Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Greys Capital Limited is a private company, limited by shares, registered in England and Wales, registration number 14190713. The registered office is 47a Broadgates, Market Place, Henley On Thames, RG9 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,rebates,value added tax and other sales taxes. turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation
Tax is recognised in the Statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.
Debtors
Short term debtors are measured at transaction price. less any impariment.Loans receivable are measured initially at fair value,net of transaction costs,and are measured subsequently at amortised cost using the effective interest method, less any impairment
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value net of transaction costs, and are measured subsequently at amortised cost using the effective method.
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.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
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Greys Capital Limited Notes to the Accounts for the year ended 30 June 2024
Going concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue for the foreseeable future. Thus, the director continues to adopt the going concern basis of accounting in preparing the financial statements.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
213,402 
213,402 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
11,200 
11,200 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
204,302 
203,102 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Controlling party
During the year under review the company was under the control of Lydia Sayers by virtue of her 100% shareholding in the company.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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