Gramelan Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01426081

Gramelan Limited

Filleted Unaudited Financial Statements

30 April 2025

Gramelan Limited

Balance Sheet

30 April 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	3,386,808	2,938,799

Current assets

Stocks		55,630	59,886
Debtors	7	56,883	297,649
Cash at bank and in hand		1,723,528	1,677,189
		------------	------------
		1,836,041	2,034,724

Creditors: amounts falling due within one year	8	979,330	954,578
		------------	------------
Net current assets		856,711	1,080,146
		------------	------------
Total assets less current liabilities		4,243,519	4,018,945

Creditors: amounts falling due after more than one year	9	12,774	31,540

Provisions	105,413	94,300
	------------	------------
Net assets	4,125,332	3,893,105
	------------	------------

Capital and reserves

Revaluation reserve	11	324,198	352,125
Capital redemption reserve	11	10,371	10,371
Called up Share Capital	11	10,373	10,373
Profit and loss account	11	3,780,390	3,520,236
		------------	------------
Shareholders funds		4,125,332	3,893,105
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

Gramelan Limited

Balance Sheet (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 25 November 2025 , and are signed on behalf of the board by:

R Job	M Job
Director	Director

Company registration number: 01426081

Gramelan Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is St Denys House, 22 East Hill, St Austell, PL25 4TR, England.

2. Basis of preparation 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.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Tangible assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated life; Plant & equipment 15% reducing balance Fixtures & fittings 15% reducing balance Motor vehicles 25% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 79 (2024: 81 ).

5. Tangible assets

	Investment property	Land and buildings	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£	£
Cost
At 1 May 2024	749,245	2,179,574	1,009,971	140,227	44,977	4,123,994
Additions	–	634,862	79,302	–	–	714,164
	---------	------------	------------	---------	--------	------------
At 30 Apr 2025	749,245	2,814,436	1,089,273	140,227	44,977	4,838,158
	---------	------------	------------	---------	--------	------------
Depreciation
At 1 May 2024	–	515,912	598,009	64,977	6,297	1,185,195
Charge for the year	–	160,413	88,908	11,419	5,415	266,155
	---------	------------	------------	---------	--------	------------
At 30 Apr 2025	–	676,325	686,917	76,396	11,712	1,451,350
	---------	------------	------------	---------	--------	------------
Carrying amount
At 30 Apr 2025	749,245	2,138,111	402,356	63,831	33,265	3,386,808
	---------	------------	------------	---------	--------	------------
At 30 Apr 2024	749,245	1,663,662	411,962	75,250	38,680	2,938,799
	---------	------------	------------	---------	--------	------------

6. Investment property

		Total
		£
	FAIR VALUE
	At 1 May 2024	749,245
	At 30 April 2025	749,245
	NET BOOK VALUE
	At 30 April 2025	749,245
	At 30 April 2024	749,245

7. Debtors

	2025	2024
	£	£
Trade debtors	6,026	16,548
Other debtors	50,857	281,101
	--------	---------
	56,883	297,649
	--------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	202,634	151,687
Corporation tax	115,527	89,432
Social security and other taxes	76,086	25,178
Other creditors	585,083	688,281
	---------	---------
	979,330	954,578
	---------	---------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	12,774	31,540
	--------	--------

10. Deferred tax

The deferred tax included in the balance sheet is as follows:

	2025	2024
	£	£
Included in provisions	105,413	94,300
	---------	--------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Provisions	105,413	94,300
	---------	--------

11. Reserves

		Revaluation reserve
		£
	At 1 May 2024	352,125
	Reclassification	(14,989)
	Revaluation - Deferred Tax	(12,938)
	At 30 April 2025	324,198

12. Directors' advances, credits and guarantees

As at 30 April 2025 there was a balance due to the directors from the company of £269,403 (2024:£143,735).