Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-302023-07-01falseMenu creation.33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09002643 2023-07-01 2024-06-30 09002643 2022-07-01 2023-06-30 09002643 2024-06-30 09002643 2023-06-30 09002643 c:Director1 2023-07-01 2024-06-30 09002643 d:FurnitureFittings 2023-07-01 2024-06-30 09002643 d:FurnitureFittings 2024-06-30 09002643 d:FurnitureFittings 2023-06-30 09002643 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09002643 d:OfficeEquipment 2023-07-01 2024-06-30 09002643 d:OfficeEquipment 2024-06-30 09002643 d:OfficeEquipment 2023-06-30 09002643 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09002643 d:ComputerEquipment 2023-07-01 2024-06-30 09002643 d:ComputerEquipment 2024-06-30 09002643 d:ComputerEquipment 2023-06-30 09002643 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09002643 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09002643 d:CurrentFinancialInstruments 2024-06-30 09002643 d:CurrentFinancialInstruments 2023-06-30 09002643 d:Non-currentFinancialInstruments 2024-06-30 09002643 d:Non-currentFinancialInstruments 2023-06-30 09002643 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 09002643 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 09002643 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 09002643 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 09002643 d:ShareCapital 2024-06-30 09002643 d:ShareCapital 2023-06-30 09002643 d:RetainedEarningsAccumulatedLosses 2024-06-30 09002643 d:RetainedEarningsAccumulatedLosses 2023-06-30 09002643 c:FRS102 2023-07-01 2024-06-30 09002643 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09002643 c:FullAccounts 2023-07-01 2024-06-30 09002643 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09002643 2 2023-07-01 2024-06-30 09002643 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Registered number: 09002643














GRANGER ENTERPRISES LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 JUNE 2024

 
GRANGER ENTERPRISES LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1 - 2
Notes to the Financial Statements
 
 
3 - 7


 
GRANGER ENTERPRISES LIMITED
REGISTERED NUMBER:09002643

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
20,149
9,094

Current assets
  

Debtors
 5 
799,452
741,859

Cash at bank and in hand
  
217,244
185,979

  
1,016,696
927,838

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(653,648)
(659,545)

Net current assets
  
 
 
363,048
 
 
268,293

Total assets less current liabilities
  
383,197
277,387

Creditors: amounts falling due after more than one year
 7 
-
(9,613)

Net assets
  
383,197
267,774


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
383,097
267,674

  
383,197
267,774


Page 1

 
GRANGER ENTERPRISES LIMITED
REGISTERED NUMBER:09002643
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




N Elliott
Director

Date: 20 March 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
GRANGER ENTERPRISES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Granger Enterprises Limited is a private limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the company continued to be that of providing menu creation.
The company's functional and presentational currency is £ Sterling.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised in respect of royalties receivable, management fees, and consultancy fees net of Value Added Tax.
Royalty income is accounted for on an accruals basis. Royalty claims are not booked as income until amounts arising from such claims are reported.
Turnover from management and consultancy services is recognised in the period in which the services are provided.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102.
Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
GRANGER ENTERPRISES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.7

Pensions

The Company contributes to a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Taxation

Tax is recognised in profit or loss 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 reporting date in the countries where the Company operates and generates income.


 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
straight line
Office equipment
-
25%
straight line
Computer equipment
-
25%
straight line

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. 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.

 
2.11

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.

Page 4

 
GRANGER ENTERPRISES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.12

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 interest method.

 
2.13

Financial instruments


The Company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans to and from related
parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans
and other accounts receivable and payable, are initially measured at present value of the future cash
flows and subsequently at amortised cost using the effective interest method. Debt instruments that
are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 5

 
GRANGER ENTERPRISES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Computer equipment
Total

£
£
£
£



Cost


At 1 July 2023
104,644
7,180
29,543
141,367


Additions
15,524
109
4,478
20,111



At 30 June 2024

120,168
7,289
34,021
161,478



Depreciation


At 1 July 2023
100,789
7,180
24,304
132,273


Charge for the year on owned assets
5,875
14
3,167
9,056



At 30 June 2024

106,664
7,194
27,471
141,329



Net book value



At 30 June 2024
13,504
95
6,550
20,149



At 30 June 2023
3,855
-
5,239
9,094

Page 6

 
GRANGER ENTERPRISES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£



Trade debtors
174,649
151,111

Other debtors
624,803
590,748

799,452
741,859



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loan
9,525
114,305

Trade creditors
19,906
19,126

Taxation and social security
554,979
456,422

Other creditors
56,048
55,203

Accruals and deferred income
13,190
14,489

653,648
659,545


The bank loan is secured by a fixed and floating charge over the assets of the company.


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loan
-
9,613


The bank loan is secured by a fixed and floating charge over the assets of the company.


8.


Related party transactions

Included in other creditors at the reporting date, were interest free loans, repayable on demand totalling £40,360 (2023 - £40,360) from a company under common control.


9.


Controlling party

The parent undertaking is Elliott Granger Enterprises Limited, a company registered at Oriel House, York Lane, St Helier, Jersey JE2 4YH, as the ultimate controlling party.
The director regards the controlling party as the Trustees of the Bills Discretionary Trust.

 
Page 7