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REGISTERED NUMBER: 07489899 (England and Wales)















GR8 FR8 LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






GR8 FR8 LIMITED (REGISTERED NUMBER: 07489899)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GR8 FR8 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: D W F Simpson
P J Dean





REGISTERED OFFICE: 2 Pendlebury Road
Gatley
Cheshire
SK8 4BH





REGISTERED NUMBER: 07489899 (England and Wales)





ACCOUNTANTS: Clarke Nicklin LLP
Chartered Accountants
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD

GR8 FR8 LIMITED (REGISTERED NUMBER: 07489899)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 75,860 95,623

CURRENT ASSETS
Debtors 5 159,236 166,748
Cash at bank 588,131 591,893
747,367 758,641
CREDITORS
Amounts falling due within one year 6 255,837 228,779
NET CURRENT ASSETS 491,530 529,862
TOTAL ASSETS LESS CURRENT
LIABILITIES

567,390

625,485

PROVISIONS FOR LIABILITIES 7 18,965 18,168
NET ASSETS 548,425 607,317

CAPITAL AND RESERVES
Called up share capital 225 225
Retained earnings 548,200 607,092
548,425 607,317

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

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

GR8 FR8 LIMITED (REGISTERED NUMBER: 07489899)

BALANCE SHEET - continued
30 SEPTEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by:





P J Dean - Director


GR8 FR8 LIMITED (REGISTERED NUMBER: 07489899)

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


1. STATUTORY INFORMATION

GR8 FR8 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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.

Going concern
The directors have reasonable expectation that the company has adequate resources to continue in
operational existence for the foreseeable future. The directors have reached this conclusion giving due
consideration to the projected future performance of the company and any potential risk that might impact
the company's ability to meet its required solvency levels. For this reason, they continue to adopt the going
concern basis in preparing the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


GR8 FR8 LIMITED (REGISTERED NUMBER: 07489899)

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


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

GR8 FR8 LIMITED (REGISTERED NUMBER: 07489899)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 2,634 4,264 294,538 20,331 321,767
Additions - - - 7,291 7,291
At 30 September 2024 2,634 4,264 294,538 27,622 329,058
DEPRECIATION
At 1 October 2023 2,295 2,917 203,734 17,198 226,144
Charge for year 84 337 22,701 3,932 27,054
At 30 September 2024 2,379 3,254 226,435 21,130 253,198
NET BOOK VALUE
At 30 September 2024 255 1,010 68,103 6,492 75,860
At 30 September 2023 339 1,347 90,804 3,133 95,623

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023 195,150
Transfer to ownership (195,150 )
At 30 September 2024 -
DEPRECIATION
At 1 October 2023 146,276
Transfer to ownership (146,276 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 48,874

GR8 FR8 LIMITED (REGISTERED NUMBER: 07489899)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 127,280 147,317
VAT 10,144 6,108
Prepayments and accrued income 21,812 13,323
159,236 166,748

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 17,352
Trade creditors 175,288 142,966
Tax 50,784 53,316
Social security and other taxes 1,107 1,497
Other creditors 12,884 2,087
Directors' loan accounts 78 478
Accruals and deferred income 15,696 11,083
255,837 228,779

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 18,965 18,168

Deferred
tax
£   
Balance at 1 October 2023 18,168
Provided during year 797
Balance at 30 September 2024 18,965

GR8 FR8 LIMITED (REGISTERED NUMBER: 07489899)

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


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
D W F Simpson
Balance outstanding at start of year (247 ) 9,626
Amounts advanced 247 65,122
Amounts repaid - (74,995 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - (247 )

P J Dean
Balance outstanding at start of year (231 ) 7,930
Amounts advanced 231 71,463
Amounts repaid - (79,624 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - (231 )

9. ULTIMATE CONTROLLING PARTY

The directors due to the shareholding they hold within the company.