Grand-Attic Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14356114

		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,849		-

			1,849		-
CURRENT ASSETS
Debtors	5	224,681		110,935
Cash at bank and in hand		3,586,288		4,223,501

		3,810,969		4,334,436
Creditors: Amounts Falling Due Within One Year	6	(608,108 )		(51,245 )

NET CURRENT ASSETS (LIABILITIES)			3,202,861		4,283,191

TOTAL ASSETS LESS CURRENT LIABILITIES			3,204,710		4,283,191

NET ASSETS			3,204,710		4,283,191

CAPITAL AND RESERVES
Called up share capital	7		4,415,604		4,415,604
Profit and Loss Account			(1,210,894 )		(132,413 )

SHAREHOLDERS' FUNDS			3,204,710		4,283,191

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Grand-Attic Limited

Balance Sheet (continued)

As At 31 December 2024

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Mark Muller

Director

30 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Grand-Attic Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14356114 . The registered office is 9th Floor 107 Cheapside, London, EC2V 6DN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

Straight-line basis over a period of three years

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

A deferred tax asset has not been recognised in relation to the losses available as the company cannot be certain that this asset will be used in the future.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

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Grand-Attic Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 January 2024	-
Additions	1,958

As at 31 December 2024	1,958

Depreciation
As at 1 January 2024	-
Provided during the period	109

As at 31 December 2024	109

Net Book Value
As at 31 December 2024	1,849

As at 1 January 2024	-

5. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
Trade debtors	173,260	98,967
Amounts owed by group undertakings	-	11,968
Other debtors	51,421	-

	224,681	110,935

6. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Trade creditors	324,051	40,217
Amounts owed to group undertakings	1,175	795
Amounts owed to participating interests	(32,147 )	-
Other creditors	307,933	10,233
Taxation and social security	7,096	-

	608,108	51,245

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Grand-Attic Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	4,415,604	4,415,604

The share capital comprises 5,324,423 Ordinary shares of $1 each which was converted into the functional currency on the date it was received.

8. Related Party Transactions

The company has taken advantage of the exemption contained in FRS 102 section 33 "Related Party Disclosures" from disclosing transactions with entities which are a wholly owned part of the group.

9. Controlling Party

The parent undertaking is HADI Yazilim VE Teknoloji Anonim Sirketi, a company registered in Turkey. The address of the registered office is Barbaros MAH. Lale Sk. Agaoglu My Office, Blok No: 2 IC Kapi No: 13, Atasehir, Istanbul, Turkey, 34746.

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