| RANKIN GRENADA LIMITED |
| Notes to the Accounts |
| for the year ended 31 March 2026 |
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| 1 |
Accounting policies |
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Basis of preparation |
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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). |
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Creditors |
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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. |
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Share Capital |
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Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. |
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| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
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| 3 |
Tangible fixed assets |
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Land and buildings |
| £ |
|
Cost |
|
At 1 April 2025 |
421,209 |
|
At 31 March 2026 |
421,209 |
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Depreciation |
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At 31 March 2026 |
- |
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Net book value |
|
At 31 March 2026 |
421,209 |
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At 31 March 2025 |
421,209 |
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| 4 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Other creditors |
430,100 |
|
428,255 |
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| 5 |
Other information |
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RANKIN GRENADA LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
206 Hammersmith Grove |
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|
London |
|
W6 7HG |