Grand Projects Construction Ltd 31/03/2025 iXBRL

Company registration number: 08019986

Grand Projects Construction Ltd

Unaudited filleted financial statements

31 March 2025

Grand Projects Construction Ltd

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Grand Projects Construction Ltd

Directors and other information


	Director	Mr Mr D Halip


	Secretary	Mrs D M Halip


	Company number	08019986


	Registered office	4th Floor Elizabeth House
		54-58 High Street
		Edgware
		Middlesex
		HA8 7EJ


	Business address	26 Forty Avenue
		Wembley
		Middlesex
		HA9 8JP


	Accountants	Hindocha Pandit & Co Ltd
		4th Floor Elizabeth House
		54-58 High Street
		Edgware
		Middlesex
		HA8 7EJ




	Bankers	Lloyds Bank
		P O Box 1000
		Andover
		BX1 1LT

Grand Projects Construction Ltd

Report to the director on the preparation of the

unaudited statutory financial statements of Grand Projects Construction Ltd

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Grand Projects Construction Ltd for the year ended 31 March 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the director of Grand Projects Construction Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Grand Projects Construction Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Grand Projects Construction Ltd and its director as a body for our work or for this report.

It is your duty to ensure that Grand Projects Construction Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Grand Projects Construction Ltd. You consider that Grand Projects Construction Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Grand Projects Construction Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hindocha Pandit & Co Ltd

Chartered Certified Accountants

4th Floor Elizabeth House

54-58 High Street

Edgware

Middlesex

HA8 7EJ

22 December 2025

Grand Projects Construction Ltd

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	8	13,747		18,109
		_______		_______
			13,747		18,109

Current assets
Stocks	9	76,344		121,202
Debtors	10	200,239		73,162
Cash at bank and in hand		54,842		21,614
		_______		_______
		331,425		215,978
Creditors: amounts falling due
within one year	12	( 201,701)		( 119,019)
		_______		_______
Net current assets			129,724		96,959
			_______		_______
Total assets less current liabilities			143,471		115,068

Creditors: amounts falling due
after more than one year			( 3,308)		( 12,300)
			_______		_______
Net assets			140,163		102,768
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			140,063		102,668
			_______		_______
Shareholders funds			140,163		102,768
			_______		_______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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 statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 22 December 2025 , and are signed on behalf of the board by:

Mr Mr D Halip

Director

Company registration number: 08019986

Grand Projects Construction Ltd

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 4th Floor Elizabeth House, 54-58 High Street, Edgware, Middlesex, HA8 7EJ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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.

Turnover

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

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	15% %	reducing balance
Motor vehicles	-	25% %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

4. Turnover

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

5. Operating profit

Operating profit is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible assets	4,361	5,776
	_______	_______

6. Directors remuneration

The director's aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	15,000	15,000
	_______	_______

7. Profit before taxation

Profit before taxation is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible assets	4,361	5,776
	_______	_______

8. Tangible assets

	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	4,969	75,788	80,757
	_______	_______	_______
Depreciation
At 1 April 2024	3,310	59,338	62,648
Charge for the year	249	4,113	4,362
	_______	_______	_______
At 31 March 2025	3,559	63,451	67,010
	_______	_______	_______
Carrying amount
At 31 March 2025	1,410	12,337	13,747
	_______	_______	_______
At 31 March 2024	1,659	16,450	18,109
	_______	_______	_______

At 31 March 2025

At 31 March 2024

9. Stocks

	2025	2024
	£	£
Work in progress	76,344	121,202
	_______	_______

10. Debtors

	2025	2024
	£	£
Trade debtors	197,997	67,629
Other debtors	2,242	5,533
	_______	_______
	200,239	73,162
	_______	_______

11. Cash and cash equivalents

	2025	2024
	£	£
Cash at bank and in hand	54,842	21,614
	_______	_______

12. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,800	10,800
Trade creditors	65,320	54,566
Corporation tax	22,563	6,561
Social security and other taxes	78,087	29,504
Other creditors	24,931	17,588
	_______	_______
	201,701	119,019
	_______	_______

13. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2025
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr Mr D Halip	( 11,993)	337	( 11,656)
		_______	_______	_______

2024
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr Mr D Halip	( 12,526)	533	( 11,993)
		_______	_______	_______

14. Controlling party

During the year the company was under the control of Mr D Halip the director and shareholder of the company.