1 May 2024 v2026.1.1 limited_company_frs_102_section_1a_v1_1_3 companies_house Software true true true true No description of principal activity false xbrli:pure xbrli:shares iso4217:GBP 07773486 2024-05-01 2025-04-30 07773486 2025-04-30 07773486 2024-04-30 07773486 core:WithinOneYear 2025-04-30 07773486 core:WithinOneYear 2024-04-30 07773486 core:ShareCapital 2025-04-30 07773486 core:ShareCapital 2024-04-30 07773486 core:SharePremium 2025-04-30 07773486 core:SharePremium 2024-04-30 07773486 core:RetainedEarningsAccumulatedLosses 2025-04-30 07773486 core:RetainedEarningsAccumulatedLosses 2024-04-30 07773486 bus:Director1 2024-05-01 2025-04-30 07773486 bus:RegisteredOffice 2024-05-01 2025-04-30 07773486 core:FurnitureFittings 2024-05-01 2025-04-30 07773486 core:OfficeEquipment 2024-05-01 2025-04-30 07773486 core:PlantMachinery 2025-04-30 07773486 core:PlantMachinery 2024-04-30 07773486 1 2024-05-01 2025-04-30 07773486 countries:EnglandWales 2024-05-01 2025-04-30 07773486 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 07773486 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 07773486 bus:SmallEntities 2024-05-01 2025-04-30 07773486 bus:FullAccounts 2024-05-01 2025-04-30
Company registration number:
07773486
Greymatter Private Ltd
Unaudited Filleted Financial Statements for the year ended
30 April 2025
Sandwell Accountancy Services Limited
Certified Public Accountants
Old Bank Buildings, Upper High Street, Cradley Heath, West Midlands, B64 5HY, United Kingdom
Greymatter Private Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Greymatter Private Ltd
Year ended
30 April 2025
In order to assist you to fulfil our duties under the Companies Act 2006, we have prepared for your approval the accounts of Greymatter Private Limited for the period ended 30 April 2025, from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Certified Public Accountants, we are subject to its ethical and other professional requirements.
This report is made solely to the Board of Directors of Greymatter Private Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Greymatter Private Limited and state those matters that we have agreed to state to the Board of Directors of Greymatter Private Limited, as a body, in this report in accordance with the requirements of the Association of Certified Public Accountants. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Greymatter Private Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure Greymatter Private Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Greymatter Private Limited. You consider that Greymatter Private Limited 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 accounts of Greymatter Private Limited. 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 accounts.
Sandwell Accountancy Services Limited
Certified Public Accountants
Old Bank Buildings
Upper High Street
Cradley Heath
West Midlands
B64 5HY
United Kingdom
Greymatter Private Ltd
Statement of Financial Position
30 April 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 4 | 654 |  | 654 |
Current assets |  |  |  |  |
Stocks |  | 19,411 |  | 19,411 |
Debtors | 5 | 575,933 |  | 575,933 |
Cash at bank and in hand |  | 20,106 |  | 20,106 |
|  | 615,450 |  | 615,450 |
Creditors: amounts falling due within one year | 6 | (50,779 | ) | (50,779 | )
Net current assets |  | 564,671 |  | 564,671 |
Total assets less current liabilities |  | 565,325 |  | 565,325 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 200 |  | 200 |
Share premium |  | 13,214 |  | 13,214 |
Profit and loss account |  | 551,911 |  | 551,911 |
Shareholders funds |  | 565,325 |  | 565,325 |

The company did not trade during the current year or comparative year and has not made either a profit or a loss.
For the year ending
30 April 2025
, the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.
These
financial statements
were approved by the board of directors and authorised for issue on
15 January 2026
, and are signed on behalf of the board by:

Mr G Singh
Director

Company registration number:
07773486
Greymatter Private Ltd
Notes to the Financial Statements
Year ended
30 April 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
39 High Street
,
Wheaton Aston
,
Staffordshire
,
ST19 9NP
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to 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 assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Income Statement

The company is dormant as defined in section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or comparative year and therefore no income statement is presented within these financial statements.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount 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. However, the increase is recognised in profit or loss to the extent that 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. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures and fittings | 20% reducing balance
Office equipment | 20% reducing balance

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

## 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.

## Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

## 4 Tangible assets

| Plant and machinery etc.
--- | ---
| £
Cost |  |
At 1 May 2024 and 30 April 2025 | 5,770 |
Depreciation |  |
At 1 May 2024 and 30 April 2025 | 5,116 |
Carrying amount |  |
At 30 April 2025 | 654 |
At 30 April 2024 | 654 |

## 5 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 2,013 |  | 2,013 |
Other debtors | 573,920 |  | 573,920 |
| 575,933 |  | 575,933 |

## 6 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Taxation and social security | 43,968 |  | 43,968 |
Other creditors | 6,811 |  | 6,811 |
| 50,779 |  | 50,779 |