Grime Daily Limited - Filleted accounts

Registered number

06992717

Grime Daily Limited

Filleted Accounts

31 August 2025

Grime Daily Limited
Registered number:		06992717
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		1			758
Tangible assets	4		230,515			355,328
Investments	5		431,735			431,735
			662,251			787,821

Current assets
Debtors	6	768,366			1,047,932
Cash at bank and in hand		100,524			232,479
		868,890			1,280,411

Creditors: amounts falling due within one year	7	(119,358)			(161,230)

Net current assets			749,532			1,119,181

Total assets less current liabilities			1,411,783			1,907,002

Creditors: amounts falling due after more than one year	8		(340,421)			(579,649)

Provisions for liabilities			(57,629)			(88,832)


Net assets			1,013,733			1,238,521

Capital and reserves
Called up share capital			200			200
Capital redemption reserve	9		57			57
Profit and loss account			1,013,476			1,238,264

Shareholders' funds			1,013,733			1,238,521

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr I Hagan
Director
Approved by the board on 28 January 2026

Grime Daily Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years
	Fixtures, fittings, tools and equipment	over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			5		8


3	Intangible fixed assets					£
	Trade marks:

	Cost
	At 1 September 2024					3,790
	At 31 August 2025					3,790

	Amortisation
	At 1 September 2024					3,032
	Provided during the year					757
	At 31 August 2025					3,789

	Net book value
	At 31 August 2025					1
	At 31 August 2024					758

	Trade marks are being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 September 2024	33,593		500,366		533,959
	Additions	5,468		-		5,468
	At 31 August 2025	39,061		500,366		539,427

	Depreciation
	At 1 September 2024	25,948		152,683		178,631
	Charge for the year	5,190		125,091		130,281
	At 31 August 2025	31,138		277,774		308,912

	Net book value
	At 31 August 2025	7,923		222,592		230,515
	At 31 August 2024	7,645		347,683		355,328


5	Investments

Other
investments
£
	Cost
	At 1 September 2024					431,735

	At 31 August 2025					431,735

	Historical cost
	At 1 September 2024					431,735
	At 31 August 2025					431,735



6	Debtors			2025		2024
£					£

	Trade debtors			182,568		217,795
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			585,346		726,738
	Other debtors			452		103,399
				768,366		1,047,932


7	Creditors: amounts falling due within one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			32,311		32,311
	Trade creditors			37,453		70,324
	Director's loan account			38,647		18,335
	Taxation and social security costs			10,947		-
	Other creditors			-		40,260
				119,358		161,230


8	Creditors: amounts falling due after one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			223,769		274,304
	Director's loan account			116,652		305,345
				340,421		579,649


9	Capital redemption reserve			2025		2024
£					£

	At 1 September 2024			57		57

	At 31 August 2025			57		57


10	Controlling party

	The company is deemed to be controlled by Mr I. Hagan due to his shareholding and directorship.


11	Other information

	Grime Daily Limited is a private company limited by shares and incorporated in England. Its registered office is:
	124 City Road
	London
	EC1V 2NX