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Company Registration No. 14218869 (England and Wales)
Grays (Norfolk) Limited Unaudited accounts for the year ended 31 July 2025
Grays (Norfolk) Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Grays (Norfolk) Limited Company Information for the year ended 31 July 2025
Directors
Cain Paul Gray Lilli Alyshia Lynette Gray
Company Number
14218869 (England and Wales)
Registered Office
Unit 18 East Coast Storage Kings Lynn PE34 3LW United Kingdom
Accountants
L M Accounting
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Grays (Norfolk) Limited Accountants' report
Accountants' report to the board of directors of Grays (Norfolk) Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 July 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 July 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
L M Accounting 12 January 2026
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Grays (Norfolk) Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,025
902
Current assets
Debtors
5
31,844
2,004
Cash at bank and in hand
42,440
27,961
74,284
29,965
Creditors: amounts falling due within one year
6
(46,724)
(39,080)
Net current assets/(liabilities)
27,560
(9,115)
Total assets less current liabilities
28,585
(8,213)
Provisions for liabilities
Deferred tax
7
(257)
-
Net assets/(liabilities)
28,328
(8,213)
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
28,228
(8,313)
Shareholders' funds
28,328
(8,213)
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 12 January 2026 and were signed on its behalf by
Lilli Alyshia Lynette Gray Director Company Registration No. 14218869
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Grays (Norfolk) Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Grays (Norfolk) Limited is a private company, limited by shares, registered in England and Wales, registration number 14218869. The registered office is Unit 18 East Coast Storage, Kings Lynn, PE34 3LW, United Kingdom. The principal place of business is Grays Norfolk Ltd, 1 Georgia Court, Hardwick Industrial Estate, King's Lynn, Norfolk, PE30 4JN, England.
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
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.
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
5 Years Straight Line
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
-
1,222
1,222
Additions
344
-
344
At 31 July 2025
344
1,222
1,566
Depreciation
At 1 August 2024
-
320
320
Charge for the year
41
180
221
At 31 July 2025
41
500
541
Net book value
At 31 July 2025
303
722
1,025
At 31 July 2024
-
902
902
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Grays (Norfolk) Limited Notes to the Accounts for the year ended 31 July 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
17,969
-
Other debtors
13,875
2,004
31,844
2,004
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
28,545
13,765
Trade creditors
11,390
3,356
Taxes and social security
3,639
4,568
Loans from directors
-
12,008
Accruals
3,150
5,383
46,724
39,080
7
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
257
-
2025
2024
£
£
Charged to the profit and loss account
257
-
Provision at end of year
257
-
A deferred tax liability has been recognised in respect of timing differences arising on depreciating fixed assets where capital allowances have been claimed in advance of depreciation.
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Loans to directors
At the balance sheet date an amount of £3,118 was owed by the director to the company in respect of the director’s loan account. The amount was fully repaid within nine months of the year end, and therefore no section 455 corporation tax liability arose. This balance is included within debtors in the balance sheet.
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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