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REGISTERED NUMBER: 04416536 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

GRADON CONSTRUCTION LTD

GRADON CONSTRUCTION LTD (REGISTERED NUMBER: 04416536)

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










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


GRADON CONSTRUCTION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mr J Grady
Mrs L M Grady





SECRETARY: Mrs L M Grady





REGISTERED OFFICE: 97 Ballogie Avenue
Neasden
London
NW10 1SU





REGISTERED NUMBER: 04416536 (England and Wales)





ACCOUNTANTS: Mountsides Limited
Chartered Accountants
2 Mountside
Stanmore
Middlesex
HA7 2DT

GRADON CONSTRUCTION LTD (REGISTERED NUMBER: 04416536)

ABRIDGED BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 47,541 61,643

CURRENT ASSETS
Debtors 74,876 351,756
Cash at bank 1,242,811 1,669,019
1,317,687 2,020,775
CREDITORS
Amounts falling due within one year (382,765 ) (923,030 )
NET CURRENT ASSETS 934,922 1,097,745
TOTAL ASSETS LESS CURRENT
LIABILITIES

982,463

1,159,388

CREDITORS
Amounts falling due after more than one
year

(5,598

)

(11,705

)

PROVISIONS FOR LIABILITIES (7,857 ) (7,857 )
NET ASSETS 969,008 1,139,826

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 968,908 1,139,726
SHAREHOLDERS' FUNDS 969,008 1,139,826

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

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

GRADON CONSTRUCTION LTD (REGISTERED NUMBER: 04416536)

ABRIDGED BALANCE SHEET - continued
30 APRIL 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2025 and were signed on its behalf by:




Mr J Grady - Director



Mrs L M Grady - Director


GRADON CONSTRUCTION LTD (REGISTERED NUMBER: 04416536)

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


1. STATUTORY INFORMATION

Gradon Construction Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover represents net invoiced sales of services, excluding value added tax relating to the principal activity of the company being that of building and construction.

Turnover has also been recognised in respect of on going services with the value of work completed but unbilled at the balance sheet date being taken to turnover and the associated costs, where not invoiced at that date, being accrued for

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
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

GRADON CONSTRUCTION LTD (REGISTERED NUMBER: 04416536)

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


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 128,107
Additions 2,675
At 30 April 2024 130,782
DEPRECIATION
At 1 May 2023 66,464
Charge for year 16,777
At 30 April 2024 83,241
NET BOOK VALUE
At 30 April 2024 47,541
At 30 April 2023 61,643

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 May 2023
and 30 April 2024 37,975
DEPRECIATION
At 1 May 2023 9,494
Charge for year 7,120
At 30 April 2024 16,614
NET BOOK VALUE
At 30 April 2024 21,361
At 30 April 2023 28,481

6. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 11,705 17,812

GRADON CONSTRUCTION LTD (REGISTERED NUMBER: 04416536)

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


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1.00 100 100