Company registration number 04280083 (England and Wales)
GRID 24 LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
PAGES FOR FILING WITH REGISTRAR
GRID 24 LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2021
31 December 2021
- 1 -
2021
2020
£
£
£
£
Fixed assets
1,925
1,663
Current assets
7,709
3,990
Creditors: amounts falling due within one year
(37,381)
(44,908)
Net current liabilities
(29,672)
(40,918)
Total assets less current liabilities
(27,747)
(39,255)
Creditors: amounts falling due after more than one year
(18,555)
(19,800)
Net liabilities
(46,302)
(59,055)
Capital and reserves
(46,302)
(59,055)
Notes to the financial statements
1
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2021
2020
Number
Number
Employees
2
1
2
Going Concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
The validity of this assumption depends on the continuing support of the director, bankers and creditors.
If the company were unable to continue in existence for the foreseeable future, adjustments would be necessary to reduce the balance sheet values of assets to their recoverable amounts, to reclassify fixed assets as current assets and to provide for further liabilities which might arise.
Grid 24 Limited is a private company limited by shares incorporated in England and Wales. The registered office is Oakwood House, Fritwell Road, Somerton, Bicester, OX25 6NJ.
For the year ended 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
GRID 24 LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2021
31 December 2021
- 2 -
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 26 September 2022
Mr N A I Thomas
Director
Company Registration Number 04280083