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Company Registration No. 08549922 (England and Wales)
Grey on Grey Limited Unaudited accounts for the year ended 31 May 2025
Grey on Grey Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Grey on Grey Limited Company Information for the year ended 31 May 2025
Director
David Batchelor
Company Number
08549922 (England and Wales)
Registered Office
247 Church Street London N16 9HP ENGLAND
Accountants
Wyatts Partnership Ltd 247 Church Street London N16 9HP
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Grey on Grey Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
407
223
Current assets
Inventories
23,000
23,000
Debtors
5
3,538
7,896
Investments
6
4,159
4,159
Cash at bank and in hand
10,313
22,422
41,010
57,477
Creditors: amounts falling due within one year
7
(3,583)
(15,747)
Net current assets
37,427
41,730
Total assets less current liabilities
37,834
41,953
Creditors: amounts falling due after more than one year
8
(19,211)
(29,332)
Net assets
18,623
12,621
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss account
17,623
11,621
Shareholders' funds
18,623
12,621
For the year ending 31 May 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 September 2025 and were signed on its behalf by
David Batchelor Director Company Registration No. 08549922
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Grey on Grey Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Grey on Grey Limited is a private company, limited by shares, registered in England and Wales, registration number 08549922. The registered office is 247 Church Street, London, N16 9HP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
11,344
3,966
15,310
Additions
-
499
499
At 31 May 2025
11,344
4,465
15,809
Depreciation
At 1 June 2024
11,344
3,743
15,087
Charge for the year
-
315
315
At 31 May 2025
11,344
4,058
15,402
Net book value
At 31 May 2025
-
407
407
At 31 May 2024
-
223
223
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Grey on Grey Limited Notes to the Accounts for the year ended 31 May 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
1,543
1,094
Trade debtors
674
5,113
Other debtors
1,321
1,689
3,538
7,896
6
Investments held as current assets
2025
2024
£
£
Unlisted investments
4,159
4,159
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
-
3,694
Loans from directors
1,083
9,553
Accruals
2,500
2,500
3,583
15,747
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
19,211
29,332
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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