Graft & Skill Limited
Notes to the Accounts
for the year ended 31 August 2024
1. Statutory information
Graft & Skill Limited is a private company, limited by guarantee, registered in England & Wales, registration number 12174622. The registered office is 78, Fairfax Road, London, N8 0NL.
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.
4. Tangible fixed assets
Computer
Total
At 1 September 2023
4,256
4,256
At 31 August 2024
4,256
4,256
At 1 September 2023
3,335
3,335
Charge for the year
921
921
At 31 August 2024
4,256
4,256
Amounts falling due within one year
Accrued income and prepayments
1,253
1,253
6. Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,787
2,328