Company Registration No. 04324755 (England and Wales)
Gray & Fosbury Ltd
Unaudited accounts
for the year ended 31 December 2018
Gray & Fosbury Ltd
Unaudited accounts
Contents
Gray & Fosbury Ltd
Company Information
for the year ended 31 December 2018
Directors
D V Fosbury
S Gray
Company Number
04324755 (England and Wales)
Registered Office
Suite 1 Christchurch House
Sir Thomas Longley Road
Rochester
Kent
ME2 4FX
Accountants
AK Tax & Accountancy Ltd
Suite 1 Christchurch House
Sir Thomas Longley Road
Rochester
Kent
ME24FX
Gray & Fosbury Ltd
Statement of financial position
as at
31 December 2018
Tangible assets
2,020,517
2,020,517
Cash at bank and in hand
20,348
113,506
Creditors: amounts falling due within one year
(113,839)
(257,331)
Net current liabilities
(93,491)
(143,825)
Total assets less current liabilities
1,927,026
1,876,692
Creditors: amounts falling due after more than one year
(1,758,367)
(1,758,367)
Net assets
168,659
118,325
Called up share capital
200
200
Profit and loss account
168,459
118,125
Shareholders' funds
168,659
118,325
For the year ending 31 December 2018 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.
Approved by the Board on 27 September 2019.
S Gray
Director
Company Registration No. 04324755
Gray & Fosbury Ltd
Notes to the Accounts
for the year ended 31 December 2018
Gray & Fosbury Ltd is a private company, limited by shares, registered in England and Wales, registration number 04324755. The registered office is Suite 1 Christchurch House, Sir Thomas Longley Road, Rochester, Kent, ME2 4FX.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Land & buildings
Not provided for
4
Tangible fixed assets
Land & buildings
Cost or valuation
At cost
At 1 January 2018
2,020,517
At 31 December 2018
2,020,517
At 31 December 2018
2,020,517
At 31 December 2017
2,020,517
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Creditors: amounts falling due within one year
2018
2017
Taxes and social security
11,803
6,775
Loans from directors
99,753
248,273
Gray & Fosbury Ltd
Notes to the Accounts
for the year ended 31 December 2018
6
Creditors: amounts falling due after more than one year
2018
2017
Bank loans
1,708,367
1,708,367
Other creditors
50,000
50,000
7
Average number of employees
During the year the average number of employees was 1 (2017: 1).