| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 January 2025 |
| for |
| London Grapple Ltd |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 January 2025 |
| for |
| London Grapple Ltd |
| London Grapple Ltd (Registered number: 13160084) |
| Contents of the Financial Statements |
| for the Year Ended 31 January 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| London Grapple Ltd |
| Company Information |
| for the Year Ended 31 January 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Unit 7 |
| Mulberry Place |
| Pinnell Road |
| Eltham |
| London |
| SE9 6AR |
| London Grapple Ltd (Registered number: 13160084) |
| Balance Sheet |
| 31 January 2025 |
| 31.1.25 | 31.1.24 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | 9 |
| SHAREHOLDERS' FUNDS |
| 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. |
| London Grapple Ltd (Registered number: 13160084) |
| Balance Sheet - continued |
| 31 January 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| London Grapple Ltd (Registered number: 13160084) |
| Notes to the Financial Statements |
| for the Year Ended 31 January 2025 |
| 1. | STATUTORY INFORMATION |
| London Grapple Ltd is a |
| 2. | ACCOUNTING POLICIES |
| BASIS OF PREPARING THE FINANCIAL STATEMENTS |
| TURNOVER |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| TANGIBLE FIXED ASSETS |
| Plant and machinery etc | - |
| STOCKS |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| TAXATION |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| DEFERRED TAX |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| HIRE PURCHASE AND LEASING COMMITMENTS |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| London Grapple Ltd (Registered number: 13160084) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 February 2024 |
| Additions |
| At 31 January 2025 |
| DEPRECIATION |
| At 1 February 2024 |
| Charge for year |
| At 31 January 2025 |
| NET BOOK VALUE |
| At 31 January 2025 |
| At 31 January 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.25 | 31.1.24 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.25 | 31.1.24 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 7. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 31.1.25 | 31.1.24 |
| £ | £ |
| Within one year |
| Between one and five years |
| London Grapple Ltd (Registered number: 13160084) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2025 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.1.25 | 31.1.24 |
| value: | £ | £ |
| Ordinary A | £0.01 | 1 | 1 |
| Ordinary B | £0.01 | 1 | 1 |
| Ordinary C | £0.01 | 1 | 1 |
| 3 | 3 |
| 9. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 February 2024 |
| Profit for the year |
| Dividends | ( |
) |
| At 31 January 2025 |
| 10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| At the year end, the company owed £59,995 (2024: £64,000) to Mr S J McMillan. |
| At the year end, the company owed £327 (2024: £315) to Mr A Woodhouse. |
| These balances are included within other creditors. |
| The above loans are interest free and repayable on demand. |
| London Grapple Ltd (Registered number: 13160084) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2025 |
| 11. | RELATED PARTY DISCLOSURES |
| Ross Nicholls Holdings Limited |
| Ross Nicholls Holdings Limited is registered in England and Wales, and the company registration number is 13455217. |
| A company of which Mr R Nicholls is a director and shareholder. |
| During the year, the company paid dividends of £64,142 (2024: £75,569) to Ross Nicholls Holdings Limited. |
| At the year end, the company owed a total of £11,708 (2024: £16,000) to Ross Nicholls Holdings Limited. |
| The above loan is interest free and repayable on demand. |
| Woodhouse SE Holdings Ltd |
| Woodhouse SE Holdings Ltd is registered in England and Wales, and the company registration number is 13390292. |
| A company of which Mr A Woodhouse is a director and shareholder. |
| During the year, the company paid dividends of £55,055 (2024: £66,512) to Woodhouse SE Holdings Ltd. |
| At the year end, the company owed a total of £9,434 (2024: £13,736) to Woodhouse SE Holdings Ltd. |
| The above loan is interest free and repayable on demand. |
| SE8 Holdings Ltd |
| SE8 Holdings Ltd is registered in England and Wales, and the company registration number is 13449914. |
| A company of which Mr S J McMillan is a director and shareholder. |
| During the year, the company paid dividends of £34,142 (2024: £45,569) to SE8 Holdings Ltd. |
| At the year end, the company owed a total of £11,708 (2024: £72,319) to SE8 Holdings Ltd. |
| The above loan is interest free and repayable on demand. |
| 12. | ULTIMATE CONTROLLING PARTY |
| The company is controlled by its directors: Mr A Woodhouse, Mr R Nicholls, and Mr S J McMillan. |