Grey Rose Developments Ltd

Grey Rose Developments Ltd
Contents Page
For the year ended 31 August 2025

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Grey Rose Developments Ltd Accountants' Report For the year ended 31 August 2025
Accountants report You consider that the company is exempt from an audit for the period ended 31 August 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial period and of its profit or loss for the financial period. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Forbes Watson Limited 31 August 2025 .................................................... Forbes Watson Limited The Old Bakery Green Street Lytham St Annes FY8 5LG 29 May 2026 1

Grey Rose Developments Ltd
Accountants' Report
For the year ended 31 August 2025

Accountants report
You consider that the company is exempt from an audit for the period ended 31 August 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial period and of its profit or loss for the financial period.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Forbes Watson Limited
31 August 2025

....................................................
Forbes Watson Limited
The Old Bakery
Green Street
Lytham St Annes
FY8 5LG
29 May 2026

1

Registered Number: 13507113 Grey Rose Developments Ltd
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	61,723	69,200
		61,723	69,200
Current assets
Debtors		74,568	61,616
Cash at bank and in hand		25,554	30,662
		100,122	92,278
Creditors: amount falling due within one year		(117,067)	(116,689)
Net current assets		(16,945)	(24,411)

Total assets less current liabilities		44,778	44,789
Creditors: amount falling due after more than one year		(25,312)	(28,291)
Net assets		19,466	16,498

Capital and reserves
Called up share capital		100	100
Profit and loss account		19,366	16,398
Shareholders' funds		19,466	16,498

For the year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 29 May 2026 and were signed on its behalf by:

-------------------------------
Christopher James Williams
Director

2

Grey Rose Developments Ltd
Notes to the Abridged Financial Statements
For the year ended 31 August 2025

General Information

Grey Rose Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 13507113, registration address The Old Bakery, Green Street, Lytham, Lancashire, FY8 5LG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Straight Line
Fixtures and Fittings	20% Straight Line

2.	Average number of employees Average number of employees during the year was 10 (2024 : 9).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£	£	£
At 01 September 2024	27,579	9,302	37,548	536	74,965
Additions	-	419	1,250	424	2,093
Disposals	-	-	(679)	-	(679)
At 31 August 2025	27,579	9,721	38,119	960	76,379
Depreciation
At 01 September 2024	-	1,860	3,798	107	5,765
Charge for year	-	1,944	6,891	192	9,027
On disposals	-	-	(136)	-	(136)
At 31 August 2025	-	3,804	10,553	299	14,656
Net book values
Closing balance as at 31 August 2025	27,579	5,917	27,566	661	61,723
Opening balance as at 01 September 2024	27,579	7,442	33,750	429	69,200

3

Registered Number: 13507113
England and Wales
Abridged Accounts

for the year ended 31 August 2025
for
GREY ROSE DEVELOPMENTS LTD