Company Registration No. 08227871 (England and Wales)
GRFN LIMITED
Unaudited accounts
for the year ended 30 September 2024
GRFN LIMITED
Unaudited accounts
Contents
GRFN LIMITED
Company Information
for the year ended 30 September 2024
Company Number
08227871 (England and Wales)
Registered Office
180 Strand, 2nd Floor
LONDON
WC2R 1LA
United Kingdom
Accountants
Arth Limited
655 Milton Keynes Business Centre
Hayley Court
Linford Wood
Milton Keynes
Buckinghamshire
MK14 6GD
GRFN LIMITED
Statement of financial position
as at 30 September 2024
Tangible assets
20,443
22,234
Cash at bank and in hand
723,383
990,055
Creditors: amounts falling due within one year
(107,143)
(86,837)
Net current assets
881,613
1,095,534
Total assets less current liabilities
902,056
1,117,768
Creditors: amounts falling due after more than one year
564,877
348,501
Net assets
1,466,933
1,466,269
Called up share capital
100
100
Profit and loss account
1,466,833
1,466,169
Shareholders' funds
1,466,933
1,466,269
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 22 July 2025 and were signed on its behalf by
Stephen GRIFFIN
Director
Company Registration No. 08227871
GRFN LIMITED
Notes to the Accounts
for the year ended 30 September 2024
GRFN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08227871. The registered office is 180 Strand, 2nd Floor, LONDON, WC2R 1LA, United Kingdom.
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.
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:
Plant & machinery
25% Straight Line method
Computer equipment
25% Straight Line method
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
18,551
3,776
36,255
58,582
Additions
658
990
8,171
9,819
Disposals
(1,656)
-
-
(1,656)
At 30 September 2024
17,553
4,766
44,426
66,745
At 1 October 2023
7,176
2,400
26,772
36,348
Charge for the year
3,961
881
5,112
9,954
At 30 September 2024
11,137
3,281
31,884
46,302
At 30 September 2024
6,416
1,485
12,542
20,443
At 30 September 2023
11,375
1,376
9,483
22,234
GRFN LIMITED
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Trade debtors
73,882
69,872
Accrued income and prepayments
846
3,232
Amounts falling due after more than one year
Other debtors
190,645
119,212
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
82,420
57,802
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
(564,877)
(348,501)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to Director
348,500
216,376
-
564,876
348,500
216,376
-
564,876
At the end of year, an amount of £564,876 has been advanced to the director of the company, this has been not repaid within 9 months after the year end.
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Average number of employees
During the year the average number of employees was 5 (2023: 4).