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Company Registration No. 02633289 (England and Wales)
GRANART LIMITED Unaudited accounts for the year ended 31 August 2024
GRANART LIMITED Unaudited accounts Contents
Page
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GRANART LIMITED Company Information for the year ended 31 August 2024
Directors
W G Stevenson O J Stevenson M W Stevenson J S Stevenson
Company Number
02633289 (England and Wales)
Registered Office
Windy Walls Farm Ashbourne Lane Chapel-En-Le-Frith High Peak SK23 9UF United Kingdom
Accountants
Stoney Philbin & Company Limited 7 High Street Chapel-en-le-Frith High Peak SK23 0HD
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GRANART LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
97,735 
103,704 
Current assets
Inventories
37,493 
27,798 
Debtors
86,365 
106,997 
Cash at bank and in hand
148,004 
187,937 
271,862 
322,732 
Creditors: amounts falling due within one year
(116,934)
(123,962)
Net current assets
154,928 
198,770 
Total assets less current liabilities
252,663 
302,474 
Creditors: amounts falling due after more than one year
(40,768)
(49,991)
Provisions for liabilities
Other provisions
(5,975)
(10,223)
Net assets
205,920 
242,260 
Capital and reserves
Called up share capital
2,000 
2,000 
Profit and loss account
203,920 
240,260 
Shareholders' funds
205,920 
242,260 
For the year ending 31 August 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by
W G Stevenson Director Company Registration No. 02633289
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GRANART LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
GRANART LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02633289. The registered office is Windy Walls Farm, Ashbourne Lane, Chapel-En-Le-Frith, High Peak, SK23 9UF, United Kingdom.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Reducing Balance
Plant & machinery
10% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
33% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 September 2023
29,078 
53,433 
144,393 
5,056 
231,960 
Additions
- 
- 
20,833 
638 
21,471 
At 31 August 2024
29,078 
53,433 
165,226 
5,694 
253,431 
Depreciation
At 1 September 2023
24,070 
31,767 
68,550 
3,869 
128,256 
Charge for the year
501 
2,167 
24,169 
603 
27,440 
At 31 August 2024
24,571 
33,934 
92,719 
4,472 
155,696 
Net book value
At 31 August 2024
4,507 
19,499 
72,507 
1,222 
97,735 
At 31 August 2023
5,008 
21,666 
75,843 
1,187 
103,704 
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GRANART LIMITED Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
86,365 
94,834 
Amounts falling due after more than one year
Other debtors
- 
12,163 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,809 
10,010 
VAT
15,146 
- 
Obligations under finance leases and hire purchase contracts
23,920 
21,412 
Trade creditors
48,046 
64,941 
Taxes and social security
19,283 
53,866 
Other creditors
- 
6,959 
Loans from directors
1,280 
(35,676)
Accruals
2,450 
2,450 
116,934 
123,962 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
19,913 
19,906 
Obligations under finance leases and hire purchase contracts
20,855 
30,085 
40,768 
49,991 
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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