GROOVY UK LIMITED

GROOVY UK LIMITED

GROOVY UK LIMITED - Company Information

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GROOVY UK LIMITED

Company Registration Number:
04618091 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

GROOVY UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

GROOVY UK LIMITED

Balance sheet

As at 31 December 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 79,305 96,306
Total fixed assets: 79,305 96,306
Current assets
Stocks: 496,199 193,812
Debtors:   1,172,901 1,236,012
Cash at bank and in hand: 105,581 530,039
Total current assets: 1,774,681 1,959,863
Creditors: amounts falling due within one year:   (1,114,262) (1,113,183)
Net current assets (liabilities): 660,419 846,680
Total assets less current liabilities: 739,724 942,986
Creditors: amounts falling due after more than one year:   (396,979) (382,500)
Total net assets (liabilities): 342,745 560,486
Capital and reserves
Called up share capital: 850,100 850,100
Profit and loss account: (507,355) (289,614)
Shareholders funds: 342,745 560,486

The notes form part of these financial statements

GROOVY UK LIMITED

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption 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.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 September 2022
and signed on behalf of the board by:

Name: M Scott
Status: Director

The notes form part of these financial statements

GROOVY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GROOVY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 11 11

GROOVY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 227,220
Additions 2,528
At 31 December 2021 229,748
Depreciation
At 01 January 2021 130,914
Charge for year 19,529
At 31 December 2021 150,443
Net book value
At 31 December 2021 79,305
At 31 December 2020 96,306