Company Registration No. 10337148 (England and Wales)
Grandstand Developments Ltd
Unaudited accounts
for the year ended 31 August 2025
Grandstand Developments Ltd
Unaudited accounts
Contents
Grandstand Developments Ltd
Company Information
for the year ended 31 August 2025
Directors
Mrs Janis Louise Baines-Burton
Mr John Burton
Mr Charles Robert Jurak
Mrs Charley Louise Jurak
Company Number
10337148 (England and Wales)
Registered Office
Atrium House, Loddon Business Park
Loddon
Norwich
NR14 6JD
England
Accountants
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
Grandstand Developments Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
3,662
2,955
Inventories
4,297,364
4,649,357
Cash at bank and in hand
859,388
78,327
Creditors: amounts falling due within one year
(3,350,835)
(3,013,273)
Net current assets
1,829,173
1,774,609
Total assets less current liabilities
1,832,842
1,777,571
Creditors: amounts falling due after more than one year
(2,000,000)
(2,000,000)
Net liabilities
(167,158)
(222,429)
Called up share capital
3
3
Profit and loss account
(167,161)
(222,432)
Shareholders' funds
(167,158)
(222,429)
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2026 and were signed on its behalf by
Mr John Burton
Director
Company Registration No. 10337148
Grandstand Developments Ltd
Notes to the Accounts
for the year ended 31 August 2025
Grandstand Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 10337148. The registered office is Atrium House, Loddon Business Park, Loddon, Norwich, NR14 6JD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Finance costs are charged to the Income Statement over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.
The company operates a defined contribution scheme for the benefit of its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the profit and loss account when they fall due. Amounts not paid are shown in creditors as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.
Grandstand Developments Ltd
Notes to the Accounts
for the year ended 31 August 2025
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2024
9,975
631
10,606
At 31 August 2025
9,975
2,594
12,569
At 1 September 2024
7,432
219
7,651
Charge for the year
968
288
1,256
At 31 August 2025
8,400
507
8,907
At 31 August 2025
1,575
2,087
3,662
At 31 August 2024
2,543
412
2,955
5
Investments
Subsidiary undertakings
Valuation at 1 September 2024
7
Valuation at 31 August 2025
7
Amounts falling due within one year
Amounts due from group undertakings etc.
10,991
37,571
Accrued income and prepayments
2,295
12,746
Grandstand Developments Ltd
Notes to the Accounts
for the year ended 31 August 2025
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
15,544
96,929
Taxes and social security
3,446
2,208
Other creditors
3,316,629
2,914,012
Loans from directors
8,321
-
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
2,000,000
2,000,000
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).