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Company registration number: 06955626
Grayston European Limited
Unaudited filleted financial statements
31 December 2024
Grayston European Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Grayston European Limited
Directors and other information
Director A J Grayston
Secretary A J Grayston
Company number 06955626
Registered office Walnut Bank
Stodday
Lancaster
Lancashire
LA1 0AG
Accountants Turner and Brown Limited
105 Garstang Road
Preston
Lancs
PR1 1LD
Grayston European Limited
Chartered accountants report to the director on the preparation of the
unaudited statutory financial statements of Grayston European Limited
Year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Grayston European Limited for the year ended 31 December 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
This report is made solely to the director of Grayston European Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Grayston European Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Grayston European Limited and its director as a body for our work or for this report.
It is your duty to ensure that Grayston European Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Grayston European Limited. You consider that Grayston European Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Grayston European Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Turner and Brown Limited
Chartered Accountants
105 Garstang Road
Preston
Lancs
PR1 1LD
Grayston European Limited
Statement of financial position
31 December 2024
2024 2023
£ £
Fixed assets 235,675 238,050
_______ _______
Current assets 176,899 82,402
Creditors: amounts falling due within one year ( 134,825) ( 170,568)
_______ _______
Net current assets/(liabilities) 42,074 ( 88,166)
_______ _______
Total assets less current liabilities 277,749 149,884
Accruals and deferred income ( 1,500) ( 1,800)
_______ _______
Net assets 276,249 148,084
_______ _______
Capital and reserves 276,249 148,084
_______ _______
Notes to the financial statements
Grayston European Limited
Year ended 31 December 2024
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
2. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
A J Grayston ( 13,096) 244,038 ( 87,000) 143,942
_______ _______ _______ _______
The loan was interest free and repayable on demand.
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 23 September 2025 , and are signed on behalf of the board by:
A J Grayston
Director
Company registration number: 06955626
The company is a private company limited by shares, registered in England and Wales.