Company Registration No. 09574655 (England and Wales)
GROWTH PLACE LIMITED
Unaudited accounts
for the year ended 31 May 2025
GROWTH PLACE LIMITED
Unaudited accounts
Contents
GROWTH PLACE LIMITED
Company Information
for the year ended 31 May 2025
Director
Adepitan Fadejimi Fakoya
Company Number
09574655 (England and Wales)
Registered Office
Arthur Hamilton Accountancy Ltd
124 City Road
London
EC1V 2NX
United Kingdom
Accountants
Arthur Hamilton Accountancy
124 City Road
London
EC1V 2NX
GROWTH PLACE LIMITED
Statement of financial position
as at 31 May 2025
Cash at bank and in hand
2,756
3,449
Creditors: amounts falling due within one year
(44,939)
(30,385)
Net current liabilities
(42,183)
(20,158)
Net liabilities
(42,183)
(20,158)
Called up share capital
1
1
Profit and loss account
(42,184)
(20,159)
Shareholders' funds
(42,183)
(20,158)
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 4 August 2025 and were signed on its behalf by
Adepitan Fadejimi Fakoya
Director
Company Registration No. 09574655
GROWTH PLACE LIMITED
Notes to the Accounts
for the year ended 31 May 2025
GROWTH PLACE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09574655. The registered office is Arthur Hamilton Accountancy Ltd, 124 City Road, London, EC1V 2NX, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.
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:
Motor vehicles
20% on cost
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
GROWTH PLACE LIMITED
Notes to the Accounts
for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
44,939
30,385
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1
1
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).