Company Registration No. 02633289 (England and Wales)
GRANART LIMITED
Unaudited accounts
for the year ended 31 August 2024
GRANART LIMITED
Unaudited accounts
Contents
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
GRANART LIMITED
Statement of financial position
as at 31 August 2024
Tangible assets
97,735
103,704
Cash at bank and in hand
148,004
187,937
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
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
GRANART LIMITED
Notes to the Accounts
for the year ended 31 August 2024
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.
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.
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.
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
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
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
GRANART LIMITED
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
86,365
94,834
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,809
10,010
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
Loans from directors
1,280
(35,676)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
20,855
30,085
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).