Company Registration No. 04230111 (England and Wales)
Greylees Limited
Unaudited accounts
for the year ended 31 July 2024
Greylees Limited
Unaudited accounts
Contents
Greylees Limited
Company Information
for the year ended 31 July 2024
Company Number
04230111 (England and Wales)
Registered Office
Boiling Wells Farm
South Rauceby
Sleaford
Lincolnshire
NG34 8QX
Accountants
Expert FD Limited
Sparkhouse
Rope Walk
Lincoln
Lincolnshire
LN6 7DQ
Greylees Limited
Statement of financial position
as at 31 July 2024
Intangible assets
53,333
53,333
Tangible assets
5,100,993
4,676,583
Cash at bank and in hand
7,639
100,401
Creditors: amounts falling due within one year
(650,893)
(707,165)
Net current assets
72,521
131,735
Total assets less current liabilities
5,226,847
4,861,651
Creditors: amounts falling due after more than one year
(3,857,100)
(3,767,365)
Net assets
1,369,747
1,094,286
Called up share capital
100
100
Profit and loss account
1,369,647
1,094,186
Shareholders' funds
1,369,747
1,094,286
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 18 December 2024 and were signed on its behalf by
D Bellamy
Director
Company Registration No. 04230111
Greylees Limited
Notes to the Accounts
for the year ended 31 July 2024
Greylees Limited is a private company, limited by shares, registered in England and Wales, registration number 04230111. The registered office is Boiling Wells Farm, South Rauceby, Sleaford, Lincolnshire, NG34 8QX.
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.
These financial statements for the year ended 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Intangible fixed assets
Total
Greylees Limited
Notes to the Accounts
for the year ended 31 July 2024
5
Tangible fixed assets
Total
At 1 August 2023
5,526,048
Charge for the year
51,120
6
Average number of employees
During the year the average number of employees was 5 (2023: 5).