Company Registration No. 09859321 (England and Wales)
Violet Grey Ltd
Unaudited accounts
for the year ended 31 March 2026
Violet Grey Ltd
Unaudited accounts
Contents
Violet Grey Ltd
Company Information
for the year ended 31 March 2026
Directors
Mr M W Tincknell
Mrs C A Tincknell
Company Number
09859321 (England and Wales)
Registered Office
Crown House
27 Old Gloucester Street
London
London
WC1N 3AX
England
Accountants
Wessex Commercial Solutions Limited
Yeovil Innovation Centre
Barracks Close
Yeovil
BA22 8RN
Violet Grey Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
9,289
12,385
Inventories
153,211
143,048
Cash at bank and in hand
14,657
25,049
Creditors: amounts falling due within one year
(153,180)
(188,730)
Net current assets/(liabilities)
15,489
(7,938)
Total assets less current liabilities
24,778
6,500
Creditors: amounts falling due after more than one year
(3,738)
(6,151)
Called up share capital
100,001
100,001
Profit and loss account
(78,961)
(99,652)
Shareholders' funds
21,040
349
For the year ending 31 March 2026 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 October 2026 and were signed on its behalf by
Mr M W Tincknell
Director
Company Registration No. 09859321
Violet Grey Ltd
Notes to the Accounts
for the year ended 31 March 2026
Violet Grey Ltd is a private company, limited by shares, registered in England and Wales, registration number 09859321. The registered office is Crown House, 27 Old Gloucester Street, London, London, WC1N 3AX, England.
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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.
The directors have assessed the Balance Sheet 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.
Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are
reported at the rates of exchange prevailing at that date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.
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.
Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:
Website costs 4 years straight line
Violet Grey Ltd
Notes to the Accounts
for the year ended 31 March 2026
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:
Plant & machinery
25 % reducing balance
Motor vehicles
25 % reducing balance
Computer equipment
25 % reducing balance
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.
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Intangible fixed assets
Other
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
11,499
41,700
7,590
60,789
At 31 March 2026
11,499
41,700
7,590
60,789
At 1 April 2025
7,875
35,469
5,060
48,404
Charge for the year
906
1,558
632
3,096
At 31 March 2026
8,781
37,027
5,692
51,500
At 31 March 2026
2,718
4,673
1,898
9,289
At 31 March 2025
3,624
6,231
2,530
12,385
Violet Grey Ltd
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Accrued income and prepayments
600
674
7
Creditors: amounts falling due within one year
2026
2025
Obligations under finance leases and hire purchase contracts
2,590
2,590
Trade creditors
4,393
5,408
Loans from directors
144,078
180,732
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Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
3,738
6,151
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Average number of employees
During the year the average number of employees was 2 (2025: 2).