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Company registration number:
13815284
Deborah Grayson Coaching Ltd
Unaudited Filleted Financial Statements for the year ended
31 December 2024
Deborah Grayson Coaching Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Deborah Grayson Coaching Ltd
Year ended
31 December 2024
As described on the statement of financial position, the Board of Directors of
Deborah Grayson Coaching Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 December 2024
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Proud Goulbourn
Office 16, Hamilton Davies House
117c Liverpool Road
Cadishead
Manchester
M44 5BG
United Kingdom
Date:
19 May 2025
Deborah Grayson Coaching Ltd
Statement of Financial Position
31 December 2024
20242023
Note££
Fixed assets    
Tangible assets 5
45,738
 
24,064
 
Current assets    
Debtors 6
846
 
8,556
 
Cash at bank and in hand
11,874
 
20,359
 
12,720
 
28,915
 
Creditors: amounts falling due within one year 7
(12,730
)
(20,451
)
Net current (liabilities)/assets
(10
)
8,464
 
Total assets less current liabilities 45,728   32,528  
Creditors: amounts falling due after more than one year 8
(28,645
)
(12,239
)
Provisions for liabilities
(8,690
)
(6,016
)
Net assets
8,393
 
14,273
 
Capital and reserves    
Profit and loss account
8,393
 
14,273
 
Shareholders funds
8,393
 
14,273
 
For the year ending
31 December 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
19 May 2025
, and are signed on behalf of the board by:
D Grayson
Director
Company registration number:
13815284
Deborah Grayson Coaching Ltd
Notes to the Financial Statements
Year ended
31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
44 Waltersgreen Crescent Golborne
,
Warrington
,
WA3 3WB
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services supplied net of discounts and VAT.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses .
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery
33% straight line
Office equipment
20% straight line
Fixtures and fittings
15% straight line
Motor vehicles
20% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023:
1.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 January 2024
40,476
 
Additions
52,286
 
Disposals
(28,150
)
At
31 December 2024
64,612
 
Depreciation  
At
1 January 2024
16,412
 
Charge
13,722
 
Disposals
(11,260
)
At
31 December 2024
18,874
 
Carrying amount  
At
31 December 2024
45,738
 
At 31 December 2023
24,064
 

6 Debtors

20242023
££
Other debtors
846
 
8,556
 

7 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
(221
)
7,130
 
Other creditors
12,951
 
13,321
 
12,730
 
20,451
 
The Hire Purchase Creditor of £26,266 is secured on the Motor Vehicle NBV £22.866

8 Creditors: amounts falling due after more than one year

20242023
££
Other creditors
28,645
 
12,239