Company registration number: 14945365
Unaudited financial statements
for the period ended 30 June 2024
for
Grand Rent Auto Ltd
Pages for filing with the Registrar
Company registration number: 14945365
Grand Rent Auto Ltd
Balance sheet
as at 30 June 2024
Note £ £
Fixed assets
Tangible assets 4 374,950
374,950
Creditors: amounts falling due within one
year 		(374,949)
Net current liabilities (374,949)
Total assets less current liabilities 1
Provisions for liabilities (22,497)
NET LIABILITIES (22,496)
Capital and reserves
Called up share capital 1
Profit and loss account (22,497)
TOTAL EQUITY (22,496)
The company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies for the period ended 30 June 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mrs S Bunker, Director
12 December 2025
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Grand Rent Auto Ltd
Notes to the financial statements
for the period ended 30 June 2024
1 Company information
Grand Rent Auto Ltd is a private company registered in England and Wales. Its registered number is 14945365. The company is limited by shares. Its registered office is 150 Stanton Road, Sandiacre, Nottingham, NG10 5EP.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Motor Vehicles - 0% reducing balance
Taxation
Taxation for the period comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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.
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Grand Rent Auto Ltd
Notes to the financial statements - continued
for the period ended 30 June 2024
2 Accounting policies - continued
Deferred taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3 Average number of employees
During the period the average number of employees was 1.
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
Additions 374,950
At 30 June 2024 374,950
Depreciation
At 30 June 2024 -
Net book value
At 30 June 2024 374,950
5 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the period ended 30 June 2024.
£
Sorina-Ionela Bunker
Amounts advanced (1,949)
Balance outstanding at end of period (1,949)
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