Grant Property Restoration Ltd |
Registered Number:14254660 |
For the year ended 31 July 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 July 2024
Grant Property Restoration Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Grant Property Restoration Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
3,146
2,541
2
3,146
2,541
280
280
3
Trade and other receivables |
5,141
7,307
4
1,182
Cash and cash equivalents |
3,993
11,580
6,603
Trade and other payables: amounts falling due within one |
year |
(8,514)
(13,435)
5
(1,911)
(1,855)
Net current liabilities
Total assets less current liabilities |
1,291
630
(598)
(483)
Provisions for liabilities |
693
Net assets
147
10
10
683
137
693
147
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Andrew David Grant Director |
These financial statements were approved and authorised for issue by the Board on 13 January 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 July 2024
Grant Property Restoration Ltd
Notes to the Financial Statements
Statutory Information
Grant Property Restoration Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 14254660. |
Upper Flat Bakers Cross House
The Hill
Cranbrook
Kent
TN17 3AQ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes for construction, restoration and decorating services. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Motor Vehicles
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
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For the year ended 31 July 2024
Grant Property Restoration Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
3,260
1,915
1,345
1,766
-
1,766
3,111
1,915
5,026
Provision for depreciation and impairment |
719
383
336
Charge for year
1,161
383
778
1,880
766
1,114
1,997
1,149
3,146
1,009
1,532
2,541
2023
2024
280
280
4. Trade and other receivables |
2023
2024
7,307
5,141
5. Trade and other payables: amounts falling due within one year |
2023
2024
Taxation and social security |
12,490
7,614
945
900
13,435
8,514
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For the year ended 31 July 2024
Grant Property Restoration Ltd
Notes to the Financial Statements Continued
6. Directors advances and guarantees |
Loaned
Repaid
Interest
Mr Andrew David Grant
Repayable on demand
3,843
4,297
30,060
30,094
488
3,843
4,297
30,060
30,094
488
7. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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