GRAND VENUE LTD - Filleted accounts

Registered number

11351505

GRAND VENUE LTD

Filleted Accounts

31 May 2026

GRAND VENUE LTD
Registered number:		11351505
Balance Sheet
as at 31 May 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		58,438			77,342

Current assets
Debtors	4	6,150			6,500
Investments held as current assets	5	130,000			130,000
Cash at bank and in hand		52,796			84,287
		188,946			220,787

Creditors: amounts falling due within one year	6	(85,319)			(91,666)

Net current assets			103,627			129,121

Net assets			162,065			206,463

Capital and reserves
Called up share capital			100			100
Profit and loss account			161,965			206,363

Shareholders' funds			162,065			206,463

The directors are 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 directors acknowledge their 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.




Sajid Patel
Director
Approved by the board on 23 July 2026

GRAND VENUE LTD
Notes to the Accounts
for the year ended 31 May 2026


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:

	Fixtures, fittings, tools and equipment	20% Straight line basis
	Motor vehicle	15% Straight line basis

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			5		5


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 June 2025	38,270		75,000		113,270
	At 31 May 2026	38,270		75,000		113,270

	Depreciation
	At 1 June 2025	21,865		14,063		35,928
	Charge for the year	7,654		11,250		18,904
	At 31 May 2026	29,519		25,313		54,832

	Net book value
	At 31 May 2026	8,751		49,687		58,438
	At 31 May 2025	16,405		60,937		77,342


4	Debtors			2026		2025
£					£

	Trade debtors			-		6,500
	Other taxes and social security			909		-
	Other debtors			5,241		-
				6,150		6,500


5	Investments held as current assets			2026		2025
£					£
	Fair value
	Unlisted investments			130,000		130,000



6	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			13,160		-
	Deposits held			9,500		7,000
	Taxation and social security costs			1,907		15,152
	Directors loan account			58,979		58,979
	Other creditors			1,773		10,535
				85,319		91,666


7	Other information

	GRAND VENUE LTD is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 2
	Harrison Street
	Blackburn
	Lancashire
	BB2 2JE