Company Registration No. 06721769 (England and Wales)
GREY AND ASSOCIATES LIMITED
Unaudited accounts
for the year ended 31 October 2022
GREY AND ASSOCIATES LIMITED
Unaudited accounts
Contents
GREY AND ASSOCIATES LIMITED
Company Information
for the year ended 31 October 2022
Directors
Steve Whitehead
Maria Angela Whitehead
Company Number
06721769 (England and Wales)
Registered Office
4th Floor 26-28 Hammersmith Grove
Hammersmith
London
England
W6 7BA
Accountants
Aidhan and Partners
Simply Accountants Ltd
8 Devonshire Square
London
EC2M 4PL
GREY AND ASSOCIATES LIMITED
Statement of financial position
as at 31 October 2022
Tangible assets
2,935
2,426
Cash at bank and in hand
75,355
69,554
Creditors: amounts falling due within one year
(34,320)
(34,556)
Net current assets
43,077
37,301
Called up share capital
100
100
Profit and loss account
45,912
39,627
Shareholders' funds
46,012
39,727
For the year ending 31 October 2022 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 3 July 2023 and were signed on its behalf by
Steve Whitehead
Director
Company Registration No. 06721769
GREY AND ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 31 October 2022
GREY AND ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06721769. The registered office is 4th Floor 26-28 Hammersmith Grove, Hammersmith, London, England, W6 7BA.
2
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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% on cost using the straight line method.
Fixtures & fittings
33.33% on cost using the straight line method.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
GREY AND ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 31 October 2022
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2021
14,564
12,548
27,112
At 31 October 2022
15,538
12,548
28,086
At 1 November 2021
12,517
12,169
24,686
Charge for the year
1,608
443
2,051
On disposals
-
(1,586)
(1,586)
At 31 October 2022
14,125
11,026
25,151
At 31 October 2022
1,413
1,522
2,935
At 31 October 2021
2,047
379
2,426
Amounts falling due within one year
6
Investments held as current assets
2022
2021
Unlisted investments
2,000
2,000
7
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
32,371
24,202
Loans from directors
1,949
123
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).
