REGISTERED NUMBER: 04916379 (England and Wales)

Financial Statements for the Year Ended 31st January 2025

for

Grays Scaffolding Limited

Trading as

Green Box Storage

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S W Gray

Mrs J Walsh-Gray

SECRETARY:

Mrs J Walsh-Gray

REGISTERED OFFICE:

Ground Floor

Southway House

29 Southway

Colchester

Essex

CO2 7BA

REGISTERED NUMBER:

04916379 (England and Wales)

FIXED ASSETS

Intangible assets

4

7,783

9,395

Tangible assets

5

153,266

144,325

161,049

153,720

CURRENT ASSETS

Debtors

6

159,906

186,182

Cash at bank

48,424

54,344

208,330

240,526

CREDITORS

Amounts falling due within one year

7

23,522

27,919

NET CURRENT ASSETS

184,808

212,607

TOTAL ASSETS LESS CURRENT LIABILITIES

345,857

366,327

PROVISIONS FOR LIABILITIES

29,955

27,720

NET ASSETS

315,902

338,607

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

315,900

338,605

SHAREHOLDERS' FUNDS

315,902

338,607

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd October 2025 and were signed on its behalf by:

Mr S W Gray - Director

1.	STATUTORY INFORMATION

Grays Scaffolding 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.

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.

Cherished Number Plates are being amortised evenly over their estimated useful life of ten years.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st February 2024

and 31st January 2025

16,122

AMORTISATION

At 1st February 2024

6,727

Charge for year

1,612

At 31st January 2025

8,339

NET BOOK VALUE

At 31st January 2025

7,783

At 31st January 2024

9,395

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Office

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st February 2024

33,446

372,388

41,591

3,348

450,773

Additions

-

39,800

-

333

40,133

At 31st January 2025

33,446

412,188

41,591

3,681

490,906

DEPRECIATION

At 1st February 2024

-

280,259

23,463

2,726

306,448

Charge for year

-

26,498

4,532

162

31,192

At 31st January 2025

-

306,757

27,995

2,888

337,640

NET BOOK VALUE

At 31st January 2025

33,446

105,431

13,596

793

153,266

At 31st January 2024

33,446

92,129

18,128

622

144,325

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,903

961

Other debtors

147,800

177,205

Prepayments and accrued income

7,203

8,016

159,906

186,182

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,666

3,356

Taxation and social security

16,415

22,288

Other creditors

2,441

2,275

23,522

27,919

8.	ULTIMATE CONTROLLING PARTY

The controlling party is the directors.