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REGISTERED NUMBER: 08094624 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 30 June 2024 |

| for |

| The Grey Works Limited |

The Grey Works Limited (Registered number: 08094624)

Contents of the Financial Statements

for the Year Ended 30 June 2024

Page |

Balance Sheet | 1 |

Notes to the Financial Statements | 2 |

The Grey Works Limited (Registered number: 08094624)

Balance Sheet

30 June 2024

| 30.6.24 |  | 30.6.23

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,691 |  | 10,661 |  |

CURRENT ASSETS

Stocks | 5 | - |  | 12,396 |  |

Debtors | 6 | - |  | 3,638 |  |

Cash at bank | - |  | 382 |  |

- |  | 16,416 |  |

CREDITORS

Amounts falling due within one year | 7 | (205,849 | ) | (232,018 | ) |

NET CURRENT LIABILITIES | (205,849 | ) | (215,602 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (204,158 | ) | (204,941 | ) |

CREDITORS

Amounts falling due after more than one year | 8 | - |  | (2,473 | ) |

NET LIABILITIES | (204,158 | ) | (207,414 | ) |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | (204,160 | ) | (207,416 | ) |

SHAREHOLDERS' FUNDS | (204,158 | ) | (207,414 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 April 2026 and were signed by:

Mrs R E Rowles-Davies - Director

The Grey Works Limited (Registered number: 08094624)

Notes to the Financial Statements

for the Year Ended 30 June 2024

1. | STATUTORY INFORMATION

| The Grey Works Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 08094624

| Registered office: | Westminster House

| 10 Westminster Road

| Macclesfield

| Cheshire

| SK10 1BX

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

| In determining whether the company's annual financial statements can be prepared on a going concern basis, the director has considered the company's business activities, together with the factors likely to affect its future development, performance and position.

| The director confirms that, after due consideration there is a reasonable expectation that the company has adequate resources to continue in business for at least 12 months from the date of signing the financial statements. Accordingly, the annual report and financial statements for the year ended 30 June 2024 have been prepared on a going concern basis.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.

| Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on Despatch of the goods.

| Tangible fixed assets

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

| Equipment | - | 20% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2023 - 1 ) .

The Grey Works Limited (Registered number: 08094624)

Notes to the Financial Statements - continued

for the Year Ended 30 June 2024

4. | TANGIBLE FIXED ASSETS

| Equipment

£ |

| COST

| At 1 July 2023 | 30,127 |  |

| Disposals | (25,275 | ) |

| At 30 June 2024 | 4,852 |  |

| DEPRECIATION

| At 1 July 2023 | 19,466 |  |

| Charge for year | 422 |  |

| Eliminated on disposal | (16,727 | ) |

| At 30 June 2024 | 3,161 |  |

| NET BOOK VALUE

| At 30 June 2024 | 1,691 |  |

| At 30 June 2023 | 10,661 |  |

5. | STOCKS

| 30.6.24 |  | 30.6.23

£ | £ |

| Stocks | - |  | 12,396 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.6.24 |  | 30.6.23

£ | £ |

| Other debtors | - |  | 3,638 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.6.24 |  | 30.6.23

£ | £ |

| Bank loans and overdrafts | 36,529 |  | 39,438 |  |

| Trade creditors | 1,216 |  | 1,761 |  |

| Taxation and social security | 23,589 |  | 12,850 |  |

| Other creditors | 144,515 |  | 177,969 |  |

205,849 |  | 232,018 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 30.6.24 |  | 30.6.23

£ | £ |

| Other creditors | - |  | 2,473 |  |