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REGISTERED NUMBER: 03590814 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

GRANITE SUPPLIES LIMITED

GRANITE SUPPLIES LIMITED (REGISTERED NUMBER: 03590814)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GRANITE SUPPLIES LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTOR: Mr B G Perks





SECRETARY: Mrs E Perks





REGISTERED OFFICE: 8 Dymock Walk
Oakley
Cheltenham
Gloucestershire
GL52 5GE





REGISTERED NUMBER: 03590814 (England and Wales)





ACCOUNTANTS: Kingscott Dix (Cheltenham) Limited
7 Rockfield Business Park
Old Station Drive
Leckhampton
Cheltenham
GL53 0AN

GRANITE SUPPLIES LIMITED (REGISTERED NUMBER: 03590814)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 306 383

CURRENT ASSETS
Debtors 5 54,112 2,589
Cash at bank 64,951 116,646
119,063 119,235
CREDITORS
Amounts falling due within one year 6 (99,628 ) (98,847 )
NET CURRENT ASSETS 19,435 20,388
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,741

20,771

CREDITORS
Amounts falling due after more than one
year

7

(4,240

)

(14,240

)
NET ASSETS 15,501 6,531

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 15,499 6,529
SHAREHOLDERS' FUNDS 15,501 6,531

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

GRANITE SUPPLIES LIMITED (REGISTERED NUMBER: 03590814)

BALANCE SHEET - continued
31 December 2024


The 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.

The financial statements were approved by the director and authorised for issue on 14 June 2025 and were signed by:





Mr B G Perks - Director


GRANITE SUPPLIES LIMITED (REGISTERED NUMBER: 03590814)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Granite Supplies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
The director is of the opinion that there are no significant judgements or estimations used in 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Financial instruments
The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

GRANITE SUPPLIES LIMITED (REGISTERED NUMBER: 03590814)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 3,484 2,711 6,195
DEPRECIATION
At 1 January 2024 3,101 2,711 5,812
Charge for year 77 - 77
At 31 December 2024 3,178 2,711 5,889
NET BOOK VALUE
At 31 December 2024 306 - 306
At 31 December 2023 383 - 383

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 54,112 2,589

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,760 10,760
Trade creditors 52,411 55,375
Tax 9,976 14,722
Social security and other taxes 2,057 1,869
Directors' current accounts 23,310 15,007
Accrued expenses 1,114 1,114
99,628 98,847

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 4,240 14,240

8. RELATED PARTY DISCLOSURES

The company was under the control of Mr and Mrs B Perks throughout the year.