IRIS Accounts Production v25.4.12.37 08902585 Board of Directors 6.4.24 5.4.25 5.4.25 0 0 false true false false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08902585 2024-04-05 08902585 2025-04-05 08902585 2024-04-06 2025-04-05 08902585 2023-04-05 08902585 2023-04-06 2024-04-05 08902585 2024-04-05 08902585 ns15:EnglandWales 2024-04-06 2025-04-05 08902585 ns14:PoundSterling 2024-04-06 2025-04-05 08902585 ns10:Director1 2024-04-06 2025-04-05 08902585 ns10:PrivateLimitedCompanyLtd 2024-04-06 2025-04-05 08902585 ns10:SmallEntities 2024-04-06 2025-04-05 08902585 ns10:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 08902585 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-06 2025-04-05 08902585 ns10:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 08902585 ns10:FullAccounts 2024-04-06 2025-04-05 08902585 1 2024-04-06 2025-04-05 08902585 ns10:OrdinaryShareClass1 2024-04-06 2025-04-05 08902585 ns10:Director2 2024-04-06 2025-04-05 08902585 ns10:RegisteredOffice 2024-04-06 2025-04-05 08902585 ns5:CurrentFinancialInstruments 2025-04-05 08902585 ns5:CurrentFinancialInstruments 2024-04-05 08902585 ns5:Non-currentFinancialInstruments 2025-04-05 08902585 ns5:Non-currentFinancialInstruments 2024-04-05 08902585 ns5:ShareCapital 2025-04-05 08902585 ns5:ShareCapital 2024-04-05 08902585 ns5:RetainedEarningsAccumulatedLosses 2025-04-05 08902585 ns5:RetainedEarningsAccumulatedLosses 2024-04-05 08902585 ns5:IntangibleAssetsOtherThanGoodwill 2024-04-06 2025-04-05 08902585 ns5:PlantMachinery 2024-04-06 2025-04-05 08902585 ns5:ComputerEquipment 2024-04-06 2025-04-05 08902585 ns5:NetGoodwill 2024-04-05 08902585 ns5:NetGoodwill 2024-04-06 2025-04-05 08902585 ns5:NetGoodwill 2025-04-05 08902585 ns5:NetGoodwill 2024-04-05 08902585 ns5:PlantMachinery 2024-04-05 08902585 ns5:ComputerEquipment 2024-04-05 08902585 ns5:PlantMachinery 2025-04-05 08902585 ns5:ComputerEquipment 2025-04-05 08902585 ns5:PlantMachinery 2024-04-05 08902585 ns5:ComputerEquipment 2024-04-05 08902585 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-05 08902585 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-04-05 08902585 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-04-05 08902585 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2024-04-05 08902585 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-04-05 08902585 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-04-05 08902585 ns10:OrdinaryShareClass1 2025-04-05

REGISTERED NUMBER: 08902585 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2025

for

HIERONYMUS GRUFF LIMITED

HIERONYMUS GRUFF LIMITED (REGISTERED NUMBER: 08902585) |

Contents of the Financial Statements

for the year ended 5 April 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| HIERONYMUS GRUFF LIMITED |

Company Information

for the year ended 5 April 2025

| Directors: | M Shaw

| Miss G Ceriden Morse

| Registered office: | 3rd Floor

| 86-90 Paul Street

| London

| EC2A 4NE

| Registered number: | 08902585 (England and Wales)

| Accountants: | Cooper Parry Advisory Limited

| Broadwalk House, 5th Floor

| 5 Appold Street

| Broadgate

| London

| EC2A 2AG

HIERONYMUS GRUFF LIMITED (REGISTERED NUMBER: 08902585) |

Balance Sheet

5 April 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

Fixed assets

Intangible assets | 4 | 39,067 |  | 48,833 |  |

Tangible assets | 5 | 6,925 |  | 3,475 |  |

45,992 |  | 52,308 |  |

Current assets

Stocks | 1,971,659 |  | 1,591,437 |  |

Debtors | 6 | - |  | 39,161 |  |

Cash at bank | 11,103 |  | 19 |  |

1,982,762 |  | 1,630,617 |  |

Creditors

Amounts falling due within one year | 7 | 3,421,356 |  | 3,048,187 |  |

Net current liabilities | (1,438,594 | ) | (1,417,570 | ) |

Total assets less current liabilities | (1,392,602 | ) | (1,365,262 | ) |

Creditors

Amounts falling due after more than one year | 8 | - |  | 8,891 |  |

Net liabilities | (1,392,602 | ) | (1,374,153 | ) |

Capital and reserves

Called up share capital | 9 | 2 |  | 2 |  |

Retained earnings | (1,392,604 | ) | (1,374,155 | ) |

Shareholders' funds | (1,392,602 | ) | (1,374,153 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HIERONYMUS GRUFF LIMITED (REGISTERED NUMBER: 08902585) |

Balance Sheet - continued

5 April 2025

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.

The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2026 and were signed on its behalf by:

M Shaw - Director

HIERONYMUS GRUFF LIMITED (REGISTERED NUMBER: 08902585) |

Notes to the Financial Statements

for the year ended 5 April 2025

1. | Statutory information

| Hieronymus Gruff Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 historical cost convention.

| Going Concern

| The financial statements have been prepared on the going concern basis. This basis may not be appropriate as at the balance sheet date the company had net current liabilities of £1,438,594 (2024 £1,417,570) and net liabilities of £1,392,602 (2024 £1,374,153) which would indicate that it can not pay its debts as they fall due.

| However with the continued support of the directors the Company has been able to continue to trade.

| The directors consider that in preparing the financial statements they have taken into account all information that could reasonably be expected to be available. On this basis, they consider it appropriate to prepare the financial statements on the going concern basis. This assumes that the Company's directors will continue financial support. The financial statements do not include any adjustments that would result if the Company was unable to continue to trade.

| Key source of estimation, uncertainty and judgement

| The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

| There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 25% on cost

| Computer equipment | - | 25% on cost

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

HIERONYMUS GRUFF LIMITED (REGISTERED NUMBER: 08902585) |

Notes to the Financial Statements - continued

for the year ended 5 April 2025

2. | Accounting policies - continued

| Financial instruments

| Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

| Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

| Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

| Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

3. | Employees and directors

| The average number of employees during the year was NIL (2024 - NIL).

4. | Intangible fixed assets

Entitlements |

| £

| Cost

| At 6 April 2024

| and 5 April 2025 | 97,668 |  |

| Amortisation

| At 6 April 2024 | 48,835 |  |

| Amortisation for year | 9,766 |  |

| At 5 April 2025 | 58,601 |  |

| Net book value

| At 5 April 2025 | 39,067 |  |

| At 5 April 2024 | 48,833 |  |

HIERONYMUS GRUFF LIMITED (REGISTERED NUMBER: 08902585) |

Notes to the Financial Statements - continued

for the year ended 5 April 2025

5. | Tangible fixed assets

Plant and | Computer |

machinery | equipment | Totals |

| £ | £ | £

| Cost

| At 6 April 2024 | 79,991 |  | 2,157 |  | 82,148 |  |

| Additions | 6,145 |  | - |  | 6,145 |  |

| At 5 April 2025 | 86,136 |  | 2,157 |  | 88,293 |  |

| Depreciation

| At 6 April 2024 | 78,134 |  | 539 |  | 78,673 |  |

| Charge for year | 2,156 |  | 539 |  | 2,695 |  |

| At 5 April 2025 | 80,290 |  | 1,078 |  | 81,368 |  |

| Net book value

| At 5 April 2025 | 5,846 |  | 1,079 |  | 6,925 |  |

| At 5 April 2024 | 1,857 |  | 1,618 |  | 3,475 |  |

6. | Debtors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Trade debtors | - |  | 13,971 |  |

| VAT | - |  | 25,190 |  |

- |  | 39,161 |  |

7. | Creditors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Bank loans and overdrafts | - |  | 10,000 |  |

| Trade creditors | 1,848,648 |  | 1,448,040 |  |

| VAT | 4,722 |  | - |  |

| Directors' current accounts | 1,563,986 |  | 1,586,918 |  |

| Accrued expenses | 4,000 |  | 3,229 |  |

3,421,356 |  | 3,048,187 |  |

8. | Creditors: amounts falling due after more than one year |

2025 | 2024 |

| £ | £

| Bank loans - 1-2 years | - |  | 10,000 |  |

| Bank loans - 2-5 years | - |  | (1,109 | ) |

- |  | 8,891 |  |

HIERONYMUS GRUFF LIMITED (REGISTERED NUMBER: 08902585) |

Notes to the Financial Statements - continued

for the year ended 5 April 2025

9. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

value: |  | £ | £

| 2 | Ordinary | £1 | 2 |  | 2 |  |

10. | Directors' advances, credits and guarantees

| During the year directors advance the money to the company. As at 31/03/2025, the company owes the directors £1,563,986 (2024:£1,586,917) to the directors. Loans from the company are interest free, unsecured and payable on demand.

11. | Ultimate controlling party

| There is no one controlling party.