Grape Solutions (Packaging) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05289697 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

GRAPE SOLUTIONS (PACKAGING) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Harris

REGISTERED OFFICE:

Old Cottage

The Green

Boughton Monchelsa

Maidstone

Kent

ME17 4LT

REGISTERED NUMBER:

05289697 (England and Wales)

ACCOUNTANTS:

Taylor-Roalfe

The Old Cottage

The Green

Boughton Monchelsea

Kent

ME17 4LT

FIXED ASSETS

Tangible assets

4

1,154

-

CURRENT ASSETS

Debtors

5

244,633

159,281

Cash at bank and in hand

19,742

49,177

264,375

208,458

CREDITORS

Amounts falling due within one year

6

194,162

143,944

NET CURRENT ASSETS

70,213

64,514

TOTAL ASSETS LESS CURRENT
LIABILITIES

71,367

64,514

CREDITORS

Amounts falling due after more than one year

7

29,864

NET ASSETS

41,503

34,650

CAPITAL AND RESERVES

Called up share capital

20

Retained earnings

41,483

34,630

SHAREHOLDERS' FUNDS

41,503

34,650

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.

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 23 September 2025 and were signed by:

J Harris - Director

1.	STATUTORY INFORMATION

Grape Solutions (Packaging) 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.

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 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

3,945

Additions

1,539

At 31 December 2024

5,484

DEPRECIATION

At 1 January 2024

3,945

Charge for year

385

At 31 December 2024

4,330

NET BOOK VALUE

At 31 December 2024

1,154

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

173,304

85,404

Other debtors

71,329

73,877

244,633

159,281

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

20,000

30,000

Trade creditors

156,182

105,749

Taxation and social security

15,982

7,245

Other creditors

1,998

950

194,162

143,944

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Other creditors

29,864

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

J Harris

Balance outstanding at start of year

58,364

Amounts repaid

(364

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

58,000

58,364