31 December 2023 false No description of principal activity Taxfiler 2024.6 02496798business:PrivateLimitedCompanyLtd2023-12-312024-12-30 024967982023-12-30 024967982023-12-312024-12-30 02496798business:AuditExemptWithAccountantsReport2023-12-312024-12-30 02496798business:FilletedAccounts2023-12-312024-12-30 024967982024-12-30 02496798business:Director12023-12-312024-12-30 02496798business:Director22023-12-312024-12-30 02496798business:CompanySecretary12023-12-312024-12-30 02496798business:RegisteredOffice2023-12-312024-12-30 024967982023-12-30 02496798core:WithinOneYear2024-12-30 02496798core:WithinOneYear2023-12-30 02496798core:AfterOneYear2024-12-30 02496798core:AfterOneYear2023-12-30 02496798core:ShareCapitalcore:PreviouslyStatedAmount2024-12-30 02496798core:ShareCapitalcore:PreviouslyStatedAmount2023-12-30 02496798core:RevaluationReservecore:PreviouslyStatedAmount2024-12-30 02496798core:RevaluationReservecore:PreviouslyStatedAmount2023-12-30 02496798core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-30 02496798core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-30 02496798core:PreviouslyStatedAmount2024-12-30 02496798core:PreviouslyStatedAmount2023-12-30 02496798business:SmallEntities2023-12-312024-12-30 02496798countries:EnglandWales2023-12-312024-12-30 02496798core:LandBuildings2023-12-312024-12-30 02496798core:PlantMachinery2023-12-312024-12-30 02496798core:LandBuildings2023-12-30 02496798core:PlantMachinery2023-12-30 02496798core:LandBuildings2024-12-30 02496798core:PlantMachinery2024-12-30 024967982023-01-012023-12-30 iso4217:GBP xbrli:pure
Company Registration No. 02496798 (England and Wales)
Greysby Limited Unaudited accounts for the year ended 30 December 2024
Greysby Limited Unaudited accounts Contents
Page
- 2 -
Greysby Limited Company Information for the year ended 30 December 2024
Directors
Nalinkumar Manibhai Patel Prital Patel
Secretary
Prital Patel
Company Number
02496798 (England and Wales)
Registered Office
30-32 St. Georges Drive London SW1V 4BN
Accountants
ANDERTONS EUROPE LIMITED 1st Floor 156 Cromwell Road London SW7 4EF
- 3 -
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Greysby Limited for the year ended 30 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Greysby Limited for the year ended 30 December 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
ANDERTONS EUROPE LIMITED Chartered Certified Accountants 1st Floor 156 Cromwell Road London SW7 4EF 23 June 2025
- 4 -
Greysby Limited Statement of financial position as at 30 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,291,749 
14,449,088 
Investments
10,000 
10,000 
14,301,749 
14,459,088 
Current assets
Debtors
4,140,197 
4,918,113 
Cash at bank and in hand
1,215,064 
40,663 
5,355,261 
4,958,776 
Creditors: amounts falling due within one year
(5,727,805)
(5,718,442)
Net current liabilities
(372,544)
(759,666)
Total assets less current liabilities
13,929,205 
13,699,422 
Creditors: amounts falling due after more than one year
(82,176)
(91,391)
Net assets
13,847,029 
13,608,031 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
11,060,472 
11,060,472 
Profit and loss account
2,786,457 
2,547,459 
Shareholders' funds
13,847,029 
13,608,031 
For the year ending 30 December 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 23 June 2025 and were signed on its behalf by
Nalinkumar Manibhai Patel Director Company Registration No. 02496798
- 5 -
Greysby Limited Notes to the Accounts for the year ended 30 December 2024
1
Statutory information
Greysby Limited is a private company, limited by shares, registered in England and Wales, registration number 02496798. The registered office is 30-32 St. Georges Drive, , London, SW1V 4BN.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
2% Straight Line
Plant & machinery
20% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 31 December 2023
15,170,445 
705,270 
15,875,715 
Additions
58,333 
- 
58,333 
At 30 December 2024
15,228,778 
705,270 
15,934,048 
Depreciation
At 31 December 2023
1,026,370 
400,257 
1,426,627 
Charge for the year
154,669 
61,003 
215,672 
At 30 December 2024
1,181,039 
461,260 
1,642,299 
Net book value
At 30 December 2024
14,047,739 
244,010 
14,291,749 
At 30 December 2023
14,144,075 
305,013 
14,449,088 
- 6 -
Greysby Limited Notes to the Accounts for the year ended 30 December 2024
5
Investments
Subsidiary undertakings 
£ 
Valuation at 31 December 2023
10,000 
Valuation at 30 December 2024
10,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
3,981,402 
4,913,230 
Other debtors
158,795 
4,883 
4,140,197 
4,918,113 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,333 
8,333 
VAT
96,305 
80,113 
Trade creditors
9,474 
4,870 
Amounts owed to group undertakings and other participating interests
4,959,952 
5,021,605 
Taxes and social security
432,580 
283,849 
Other creditors
219,083 
195,052 
Loans from directors
2,078 
124,620 
5,727,805 
5,718,442 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
23,676 
32,891 
Other creditors
58,500 
58,500 
82,176 
91,391 
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).
- 7 -