Gradient Compounds Limited - Dormant accounts - members and to registrar (filleted) 21.1

REGISTERED NUMBER: 08220975 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2021

for

Gradient Compounds Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

W Schortinghuis

G P De Goede

SECRETARY:

REGISTERED OFFICE:

First Floor

59-61 High Street West

Glossop

SK13 8AZ

REGISTERED NUMBER:

08220975 (England and Wales)

CURRENT ASSETS

Debtors

4

204

204

Cash at bank

6

6

210

210

CREDITORS

Amounts falling due within one year

5

316

316

NET CURRENT LIABILITIES

(106

)

(106

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(106

)

(106

)

CREDITORS

Amounts falling due after more than one year

6

8,982

8,982

NET LIABILITIES

(9,088

)

(9,088

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(9,288

)

(9,288

)

(9,088

)

(9,088

)

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 July 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 January 2022 and were signed on its behalf by:

G P De Goede - Director

1.	STATUTORY INFORMATION

Gradient Compounds Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The ultimate controlling party and parent company has given assurances that it will provide financial support as required from time to time and will not seek repayment of outstanding loans if in doing so it would adversely affect other creditors.

Consequently, notwithstanding the fact that the company had net liabilities at the balance sheet date of £9088, the directors consider it appropriate to prepare the accounts on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - 2 ).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.21

31.7.20

£

£

Other debtors

204

204

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.21

31.7.20

£

£

Other creditors

316

316

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.21

31.7.20

£

£

Amounts owed to group undertakings

1,692

1,692

Other creditors

7,290

7,290

8,982

8,982

7.	ULTIMATE CONTROLLING PARTY

Gradient Compounds Holdings BV (incorporated in the Netherlands) is regarded by the directors as being the company's ultimate parent company.