Grumpy Custard Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 15709142

		31 May 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		147

			147
CURRENT ASSETS
Stocks	5	5,265
Debtors	6	1,144
Cash at bank and in hand		1,146

		7,555
Creditors: Amounts Falling Due Within One Year	7	(16,389 )

NET CURRENT ASSETS (LIABILITIES)			(8,834 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(8,687 )

NET LIABILITIES			(8,687 )

CAPITAL AND RESERVES
Called up share capital	8		1
Profit and Loss Account			(8,688 )

SHAREHOLDERS' FUNDS			(8,687)

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Miss C Smith

Director

24 April 2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Grumpy Custard Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15709142 . The registered office is International House, 100 Menzies Road, Hastings, TN38 9BB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis. The directors have reviewed the company’s financial position, including expected future cash flows, and have concluded that it is appropriate to prepare the financial statements on a going concern basis.

The directors have received confirmation of ongoing financial support from the shareholders/directors, who have indicated they will continue to provide the necessary funding to enable the company to meet its liabilities as they fall due for at least 12 months from the date of approval of these financial statements.

On this basis, the directors believe that the company will have adequate resources to continue in operational existence for the foreseeable future

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

over 5 years

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 8 May 2024	-
Additions	183

As at 31 May 2025	183

...CONTINUED

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Grumpy Custard Ltd

Notes to the Financial Statements (continued)

For the Period 8 May 2024 to 31 May 2025

Depreciation
As at 8 May 2024	-
Provided during the period	36

As at 31 May 2025	36

Net Book Value
As at 31 May 2025	147

As at 8 May 2024	-

5. Stocks

	31 May 2025
	£
Stock	5,265

6. Debtors

	31 May 2025
	£
Due within one year
Other debtors	1,144

7. Creditors: Amounts Falling Due Within One Year

	31 May 2025
	£
Trade creditors	1
Other loans	4,013
Other creditors	12,375

	16,389

8. Share Capital

	31 May 2025
	£
Allotted, Called up and fully paid	1

9. Related Party Transactions

Included within other creditors is an amount of £10,579 owing to the director. This amount is unsecured, interest free and repayable on demand.

10. Ultimate Controlling Party

The company's ultimate controlling party is Cora Smith by virtue of his ownership of 100% of the issued share capital in the company.

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