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REGISTERED NUMBER: 05556770 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Grey Box UK Limited

Grey Box UK Limited (Registered number: 05556770)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Grey Box UK Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mrs V Wickham-Magg
P Maag





SECRETARY: Mrs V Wickham-Magg





REGISTERED OFFICE: 4 St Nicholas Court
Church Lane
Dersingham
Kings Lynn
Norfolk
PE31 6GZ





REGISTERED NUMBER: 05556770 (England and Wales)





ACCOUNTANTS: Ewing Accounts Services Ltd
4 St Nicholas Court
Church Lane
Dersingham
Kings Lynn
Norfolk
PE31 6GZ

Grey Box UK Limited (Registered number: 05556770)

Abridged Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 384,345 384,866

CURRENT ASSETS
Debtors 5,565 5,652
Cash at bank 988 2,127
6,553 7,779
CREDITORS
Amounts falling due within one year 86,777 81,034
NET CURRENT LIABILITIES (80,224 ) (73,255 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

304,121

311,611

CREDITORS
Amounts falling due after more than
one year

5

(218,819

)

(231,253

)

PROVISIONS FOR LIABILITIES 7 (700 ) (800 )
NET ASSETS 84,602 79,558

CAPITAL AND RESERVES
Called up share capital 99 99
Retained earnings 84,503 79,459
84,602 79,558

Grey Box UK Limited (Registered number: 05556770)

Abridged Balance Sheet - continued
31 March 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2025 and were signed on its behalf by:





Mrs V Wickham-Magg - Director


Grey Box UK Limited (Registered number: 05556770)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Grey Box UK 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.

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.

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.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Freehold property
In the opinion of the directors, freehold property is maintained to a high standard through regular repair and refurbishment, such that the residual value of the property is expected to be sufficiently high to make any depreciation charge unnecessary.

Grey Box UK Limited (Registered number: 05556770)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024 390,901
Additions 533
At 31 March 2025 391,434
DEPRECIATION
At 1 April 2024 6,035
Charge for year 1,054
At 31 March 2025 7,089
NET BOOK VALUE
At 31 March 2025 384,345
At 31 March 2024 384,866

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
FIVE YEARS
31.3.25 31.3.24
£    £   
Repayable by instalments
Mortgages 218,819 231,253

6. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Mortgages 218,819 231,253

7. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 700 800

Grey Box UK Limited (Registered number: 05556770)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2024 800
Credit to Statement of Income and Retained Earnings during
year

(100

)
Balance at 31 March 2025 700

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs V Wickham-Magg.