Company registration number: 04571479
Annual report and unaudited financial statements
for the period ended 31 March 2020
for
Grayton Estates Limited
Pages for filing with the Registrar
Company registration number: 04571479
Grayton Estates Limited
Balance sheet
as at 31 March 2020
31 Mar 20 31 Oct 18
Note £ £ £ £
Fixed assets
Tangible assets 4 490,172 493,254
490,172 493,254
Current assets
Stocks 300,000 365,099
Cash at bank and in hand 553 1,777
300,553 366,876
Creditors: amounts falling due within one
year 		(1,380,531) (1,459,342)
Net current liabilities (1,079,978) (1,092,466)
Total assets less current liabilities (589,806) (599,212)
NET LIABILITIES (589,806) (599,212)
Capital and reserves
Called up share capital 2 2
Profit and loss account (589,808) (599,214)
TOTAL EQUITY (589,806) (599,212)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 March 2020.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 04571479
Grayton Estates Limited
Balance sheet - continued
as at 31 March 2020
The 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mrs S Cooper, Director
9 June 2026
2
Grayton Estates Limited
Notes to the financial statements
for the period ended 31 March 2020
1 Company information
Grayton Estates Limited is a private company registered in England and Wales. Its registered number is 04571479. The company is limited by shares. Its registered office is C/O Octave Accountants Snows Stadium, Salisbury Road, Southampton, SO40 2RW.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property -
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3
Grayton Estates Limited
Notes to the financial statements - continued
for the period ended 31 March 2020
3
During the period the average number of employees was Nil (2018 - Nil).
4 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 November 2018 490,172 23,090 513,262
Disposals - (23,090) (23,090)
At 31 March 2020 490,172 - 490,172
Depreciation
At 1 November 2018 - 20,008 20,008
Eliminated on disposal - (20,008) (20,008)
At 31 March 2020 - - -
Net book value
At 31 March 2020 490,172 - 490,172
At 31 October 2018 490,172 3,082 493,254
4