Company Registration No. 02496798 (England and Wales)
Greysby Limited
Unaudited accounts
for the year ended 30 December 2024
Greysby Limited
Unaudited accounts
Contents
Greysby Limited
Company Information
for the year ended 30 December 2024
Directors
Nalinkumar Manibhai Patel
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
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
Greysby Limited
Statement of financial position
as at 30 December 2024
Tangible assets
14,291,749
14,449,088
Debtors
4,140,197
4,918,113
Cash at bank and in hand
1,215,064
40,663
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
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
Greysby Limited
Notes to the Accounts
for the year ended 30 December 2024
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.
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.
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.
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
At 30 December 2024
15,228,778
705,270
15,934,048
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
At 30 December 2024
14,047,739
244,010
14,291,749
At 30 December 2023
14,144,075
305,013
14,449,088
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
Amounts falling due within one year
Amounts due from group undertakings etc.
3,981,402
4,913,230
Other debtors
158,795
4,883
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,333
8,333
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
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
58,500
58,500
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).