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REGISTERED NUMBER: 09873350 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2017

for

Grid North East Ltd

Grid North East Ltd (Registered number: 09873350)






Contents of the Financial Statements
for the Year Ended 30 November 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Grid North East Ltd

Company Information
for the Year Ended 30 November 2017







DIRECTORS: P J Cusworth
P A Foster





REGISTERED OFFICE: 48 Hart Lane
Harltepool
Co. Durham
TS26 8NL





REGISTERED NUMBER: 09873350 (England and Wales)





ACCOUNTANTS: Christopher Bailey
Yoden House
30 Yoden Way
Peterlee
Co. Durham
SR8 1AL

Grid North East Ltd (Registered number: 09873350)

Balance Sheet
30 November 2017

30.11.17 30.11.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,928 10,622

CURRENT ASSETS
Debtors 5 28,884 12,701
Cash at bank 7,918 11,454
36,802 24,155
CREDITORS
Amounts falling due within one year 6 44,456 34,700
NET CURRENT LIABILITIES (7,654 ) (10,545 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

274

77

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 272 75
SHAREHOLDERS' FUNDS 274 77

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 10 August 2018 and were signed on its behalf by:




P J Cusworth - Director



P A Foster - Director


Grid North East Ltd (Registered number: 09873350)

Notes to the Financial Statements
for the Year Ended 30 November 2017

1. STATUTORY INFORMATION

Grid North East Ltd 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
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

Grid North East Ltd (Registered number: 09873350)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2017

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2016
and 30 November 2017 14,189
DEPRECIATION
At 1 December 2016 3,567
Charge for year 2,694
At 30 November 2017 6,261
NET BOOK VALUE
At 30 November 2017 7,928
At 30 November 2016 10,622

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.17 30.11.16
£    £   
Trade debtors 6,069 1,200
Tax 22,815 11,501
28,884 12,701

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.17 30.11.16
£    £   
Tax 14,489 5,863
VAT 3,719 4,454
Directors' current accounts 25,448 23,583
Accrued expenses 800 800
44,456 34,700