IRIS Accounts Production v25.1.4.42 11368971 Board of Directors 1.1.24 31.12.24 31.12.24 28.7.25 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113689712023-12-31113689712024-12-31113689712024-01-012024-12-31113689712022-12-31113689712023-01-012023-12-31113689712023-12-3111368971ns15:EnglandWales2024-01-012024-12-3111368971ns14:PoundSterling2024-01-012024-12-3111368971ns10:Director12024-01-012024-12-3111368971ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3111368971ns10:SmallEntities2024-01-012024-12-3111368971ns10:Audited2024-01-012024-12-3111368971ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3111368971ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3111368971ns10:FullAccounts2024-01-012024-12-3111368971ns10:OrdinaryShareClass12024-01-012024-12-3111368971ns10:Director22024-01-012024-12-3111368971ns10:Director32024-01-012024-12-3111368971ns10:RegisteredOffice2024-01-012024-12-3111368971ns5:CurrentFinancialInstruments2024-12-3111368971ns5:CurrentFinancialInstruments2023-12-3111368971ns5:ShareCapital2024-12-3111368971ns5:ShareCapital2023-12-3111368971ns5:RetainedEarningsAccumulatedLosses2024-12-3111368971ns5:RetainedEarningsAccumulatedLosses2023-12-3111368971ns5:ComputerEquipment2024-01-012024-12-3111368971ns5:ComputerEquipment2023-12-3111368971ns5:ComputerEquipment2024-12-3111368971ns5:ComputerEquipment2023-12-3111368971ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3111368971ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3111368971ns10:OrdinaryShareClass12024-12-3111368971ns5:RetainedEarningsAccumulatedLosses2023-12-3111368971ns5:RetainedEarningsAccumulatedLosses2024-01-012024-12-31
REGISTERED NUMBER: 11368971 (England and Wales)















GRAIL INSIGHTS LTD.

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024






GRAIL INSIGHTS LTD. (REGISTERED NUMBER: 11368971)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GRAIL INSIGHTS LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







Directors: Mr A K Gupta
Mrs M Sauter
Mr T D Mundorf





Registered office: 21 Frederick Sanger Road
Surrey Research Park
Guildford
Surrey
GU2 7YD





Registered number: 11368971 (England and Wales)





Independent auditors: Rock Tax & Accounting
Elm House, Tanshire Park
Shackleford Road
Elstead
Godalming
Surrey
GU8 6LB

GRAIL INSIGHTS LTD. (REGISTERED NUMBER: 11368971)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £ £ £ £
Fixed assets
Tangible assets 4 1,488 4,279

Current assets
Debtors 5 2,077,367 2,416,395
Cash at bank 405,536 966,201
2,482,903 3,382,596
Creditors
Amounts falling due within one year 6 2,064,407 1,718,590
Net current assets 418,496 1,664,006
Total assets less current liabilities 419,984 1,668,285


Capital and reserves
Called up share capital 7 50,000 50,000
Retained earnings 8 369,984 1,618,285
Shareholders' funds 419,984 1,668,285
419,984 1,668,285

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 Board of Directors and authorised for issue on 28 July 2025 and were signed on its behalf by:





Mr A K Gupta - Director


GRAIL INSIGHTS LTD. (REGISTERED NUMBER: 11368971)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. Statutory information

Grail Insights Ltd. 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 pound sterling (£) and the level of rounding is the nearest £1.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 33% on cost

GRAIL INSIGHTS LTD. (REGISTERED NUMBER: 11368971)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. Accounting policies - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate on interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financial transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

GRAIL INSIGHTS LTD. (REGISTERED NUMBER: 11368971)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


3. Employees and directors

The average number of employees during the year was 6 (2023 - 6 ) .

4. Tangible fixed assets
Computer
equipment
£
Cost
At 1 January 2024 15,295
Disposals (5,823 )
At 31 December 2024 9,472
Depreciation
At 1 January 2024 11,016
Charge for year 2,791
Eliminated on disposal (5,823 )
At 31 December 2024 7,984
Net book value
At 31 December 2024 1,488
At 31 December 2023 4,279

5. Debtors: amounts falling due within one year
31.12.24 31.12.23
£ £
Trade debtors 972,523 872,194
Amounts owed by group undertakings 891,308 1,382,016
Prepayments and accrued income 213,536 162,185
2,077,367 2,416,395

6. Creditors: amounts falling due within one year
31.12.24 31.12.23
£ £
Trade creditors 27,425 9,719
Amounts owed to group undertakings 1,077,583 989,981
Tax 134,561 63,494
VAT 60,682 69,726
Other creditors 153,350 230,519
Accruals and deferred income 610,806 355,151
2,064,407 1,718,590

GRAIL INSIGHTS LTD. (REGISTERED NUMBER: 11368971)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £ £
50,000 Ordinary 1 50,000 50,000

8. Reserves
Retained
earnings
£

At 1 January 2024 1,618,285
Profit for the year 1,851,699
Dividends (3,100,000 )
At 31 December 2024 369,984

9. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Amit Prasanna (Senior Statutory Auditor)
for and on behalf of Rock Tax & Accounting

10. Parent company

The parent undertaking is Grail Research Inc, incorporated in the British Virgin Islands.

The ultimate holding company is Escalent Inc. a company incorporated in the state of Michigan, USA.

The largest and smallest groups in which the results of the company will be consolidated is that
headed by Escalent Inc. The registered office of Escalent Inc. is 17430, College Parkway, Livonia,
MI - 48152.

There is no single ultimate holding company.