29 February 2024 false No description of principal activity Taxfiler 2024.6 10623937business:PrivateLimitedCompanyLtd2024-02-292025-02-28 106239372024-02-28 106239372024-02-292025-02-28 10623937business:AuditExempt-NoAccountantsReport2024-02-292025-02-28 10623937business:FilletedAccounts2024-02-292025-02-28 106239372025-02-28 10623937business:Director12024-02-292025-02-28 10623937business:RegisteredOffice2024-02-292025-02-28 106239372024-02-28 10623937core:WithinOneYear2025-02-28 10623937core:WithinOneYear2024-02-28 10623937core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 10623937core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 10623937core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 10623937core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 10623937core:PreviouslyStatedAmount2025-02-28 10623937core:PreviouslyStatedAmount2024-02-28 10623937business:SmallEntities2024-02-292025-02-28 10623937countries:EnglandWales2024-02-292025-02-28 10623937core:FurnitureFittings2024-02-292025-02-28 10623937core:ComputerEquipment2024-02-292025-02-28 10623937core:FurnitureFittings2024-02-28 10623937core:ComputerEquipment2024-02-28 10623937core:FurnitureFittings2025-02-28 10623937core:ComputerEquipment2025-02-28 106239372023-03-012024-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10623937 (England and Wales)
GRANDMASTER FINANCE LIMITED Unaudited accounts for the period from 29 February 2024 to 28 February 2025
GRANDMASTER FINANCE LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
GRANDMASTER FINANCE LIMITED Company Information for the period from 29 February 2024 to 28 February 2025
Director
Mr R Pert
Company Number
10623937 (England and Wales)
Registered Office
3 Roundwood Lake Hutton Brentwood Essex CM13 2NJ United Kingdom
- 3 -
GRANDMASTER FINANCE LIMITED Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,210 
2,440 
Current assets
Debtors
5
31,000 
41,000 
Investments
6
2,964 
2,964 
Cash at bank and in hand
107,591 
95,356 
141,555 
139,320 
Creditors: amounts falling due within one year
7
(7,398)
(8,337)
Net current assets
134,157 
130,983 
Net assets
137,367 
133,423 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
137,267 
133,323 
Shareholders' funds
137,367 
133,423 
For the period ending 28 February 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 10 October 2025 and were signed on its behalf by
Mr R Pert Director Company Registration No. 10623937
- 4 -
GRANDMASTER FINANCE LIMITED Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
1
Statutory information
GRANDMASTER FINANCE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10623937. The registered office is 3 Roundwood Lake, Hutton, Brentwood, Essex, CM13 2NJ, 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.
3
Accounting policies
These financial statements for the period from 29 February 2024 to 28 February 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
3 years straight line
Computer equipment
3 years straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 29 February 2024
3,405 
11,542 
14,947 
Additions
- 
2,701 
2,701 
Disposals
(320)
(415)
(735)
At 28 February 2025
3,085 
13,828 
16,913 
Depreciation
At 29 February 2024
2,440 
10,067 
12,507 
Charge for the period
637 
1,530 
2,167 
On disposals
(160)
(811)
(971)
At 28 February 2025
2,917 
10,786 
13,703 
Net book value
At 28 February 2025
168 
3,042 
3,210 
At 28 February 2024
965 
1,475 
2,440 
- 5 -
GRANDMASTER FINANCE LIMITED Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
31,000 
41,000 
6
Investments held as current assets
2025 
2024 
£ 
£ 
Unlisted investments
2,964 
2,964 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
1,231 
82 
Loans from directors
5,817 
7,880 
Accruals
350 
375 
7,398 
8,337 
8
Average number of employees
During the period the average number of employees was 0 (2024: 0).
- 6 -