REGISTERED NUMBER: 04603548 (England and Wales)

GRW CONSTRUCTION LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

G R Wilkinson

Secretary:

Mrs V J Wilkinson

Registered office:

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Registered number:

04603548 (England and Wales)

Accountants:

Roberts & Co

Chartered Accountants

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

888

1,183

888

1,183

Current assets

Debtors

6

22,390

1,045

Cash at bank

20,318

47,786

42,708

48,831

Creditors

Amounts falling due within one year

7

33,563

30,505

Net current assets

9,145

18,326

Total assets less current liabilities

10,033

19,509

Capital and reserves

Called up share capital

2

2

Retained earnings

10,031

19,507

Shareholders' funds

10,033

19,509

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 29 September 2025 and were signed by:

G R Wilkinson - Director

1.	Statutory information

GRW Construction 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

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.

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.

3.	Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 January 2024

and 31 December 2024

7,500

Amortisation

At 1 January 2024

and 31 December 2024

7,500

Net book value

At 31 December 2024

-

At 31 December 2023

-

5.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 January 2024

and 31 December 2024

29,900

Depreciation

At 1 January 2024

28,717

Charge for year

295

At 31 December 2024

29,012

Net book value

At 31 December 2024

888

At 31 December 2023

1,183

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

21,372

-

Other debtors

1,018

1,045

22,390

1,045

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

15,767

15,627

Taxation and social security

14,042

11,631

Other creditors

3,754

3,247

33,563

30,505