Grad Concept Ltd - Filleted accounts

Registered number

14049180

Grad Concept Ltd

Filleted Accounts

For the year ended 31 December 2024

Grad Concept Ltd
Registered number:		14049180
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Current assets
Debtors	5	89,817			41,138
Cash at bank and in hand		34,829			11,587
		124,646			52,725

Creditors: amounts falling due within one year	6	(695,225)			(288,311)

Net current liabilities			(570,579)			(235,586)

Net liabilities			(570,579)			(235,586)

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			(571,579)			(236,586)

Shareholder's funds			(570,579)			(235,586)

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Paul Rodolphe Burger
Director
Approved by the board on 16 September 2025

Grad Concept Ltd
Notes to the Accounts
for the year ended 31 December 2024

1	Statutory information

	Grad Concept Ltd is a private company limited by shares and incorporated in England and Wales. The company's registered number and registered office address are as follows:

	Registered number :	14049180

	Registered office :	25 Station Road
		Kings Heath, Birmingham
		West Midlands
		B14 7SR

2	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the companies Act 2006. The presentation currency of the financial statements is the Pound Sterling (£).

	Going concern
	The company is reliant on its parent company for funds to support its working capital. The parent company have pledged continued support for the company for at least 12 months from the date of the approval of these financial statements. This should enable the company to continue in operational existence for the foreseeable future by meeting its liabilities as they fall due for payments. As with any company placing reliance on other related parties for financial support, that there are no certainty that this support will continue although at the date of approval of these financial statements, there is no reason to believe that they will not do so. On this basis, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	Current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


	Provisions
	Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and in hand, short term deposits with financial institutions. Cash equivalents are defined as short term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


3	Audit information

	The audit report is unqualified.

	Senior statutory auditor:	Indra Raj Giri ACA, FCCA
	Firm:	Makesworth Audit Services Ltd
	Date of audit report:	16 September 2025


4	Employees		2024		2023
Number				Number

	Average number of persons employed by the company		3		5


5	Debtors		2024		2023
£				£

	Trade debtors		86,307		32,365
	Other debtors		3,510		8,773
			89,817		41,138


6	Creditors: amounts falling due within one year		2024		2023
£				£

	Trade creditors		3,738		6,961
	Amounts owed to group undertakings		684,482		279,326
	Other creditors		7,005		2,024
			695,225		288,311



7	Related party transactions

	At the year end the company owed £684,482 (2023: £279,326) to its parent company.

8	Controlling party

	The immediate and ultimate parent undertaking of the company is Burger Et Cie incorporated in France, whose registered office is at Zone Industrielle Bois L'Abbesse, Liepvre, France 68660. The smallest and largest group for which consolidated accounts are prepared and of which the company is a member of Burger Et Cie incorporated in France. Copies of the consolidated group accounts can be obtained from its registered office.