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REGISTERED NUMBER: 00308769 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2017

FOR

GRAMMER & COMPANY LIMITED

GRAMMER & COMPANY LIMITED (REGISTERED NUMBER: 00308769)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GRAMMER & COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2017







DIRECTORS: D J Endersby
C M Endersby
M D Endersby



SECRETARY: C M Endersby



REGISTERED OFFICE: Unit 1, Spectrum Business Estate
Bircholt Road
Parkwood
Maidstone
Kent
ME15 9YP



REGISTERED NUMBER: 00308769 (England and Wales)



ACCOUNTANTS: Greenaway Chartered Accountants
150 High Street
Sevenoaks
Kent
TN13 1XE



BANKERS: Lloyds TSB
18 Week Street
Maidstone
ME14 1RW

GRAMMER & COMPANY LIMITED (REGISTERED NUMBER: 00308769)

BALANCE SHEET
30 NOVEMBER 2017

30/11/17 30/11/16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,053,203 1,464,956

CURRENT ASSETS
Stocks 2,927 4,677
Debtors 5 162,028 182,261
Cash at bank 5,821 840
170,776 187,778
CREDITORS
Amounts falling due within one year 6 206,333 348,471
NET CURRENT LIABILITIES (35,557 ) (160,693 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,017,646

1,304,263

CREDITORS
Amounts falling due after more than one
year

7

(444,942

)

(635,621

)

PROVISIONS FOR LIABILITIES (27,779 ) (41,149 )
NET ASSETS 544,925 627,493

CAPITAL AND RESERVES
Called up share capital 130,000 130,000
Revaluation reserve 8 269,016 398,542
Retained earnings 145,909 98,951
SHAREHOLDERS' FUNDS 544,925 627,493

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.

GRAMMER & COMPANY LIMITED (REGISTERED NUMBER: 00308769)

BALANCE SHEET - continued
30 NOVEMBER 2017


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 20 August 2018 and were signed on its
behalf by:





C M Endersby - Director


GRAMMER & COMPANY LIMITED (REGISTERED NUMBER: 00308769)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2017

1. STATUTORY INFORMATION

Grammer & Company 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
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 as modified by the revaluation of certain assets.

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
Land and buildings held under long leaseholds with an unexpired term of 50 years or less are
depreciated by equal annual instalments over the remaining period of the lease. The directors
consider that until there are 50 years remaining on the lease the residual values are such that
depreciation is not significant and consequently they are not depreciated. The directors undertake to
consider the carrying values of such premises regularly and to account for any permanent diminution in
their value.

Provision is made for depreciation on all other tangible fixed assets at rates calculated to write off the
cost or valuation of each asset over its expected useful life as follows:

Land and buildings Leasehold See notes above

Plant and machinery 10% reducing balance method

Fixtures, fittings & equipment Factory fittings at 4% straight-line method
Other fittings and equip. at 20% on the written down value

Computer equipmentPost 30/11/00 at 3 years straight line

Second hand computer equipment is written off fully in the year
expenditure occured


Stocks
stocks and work in progress are valued at the lower of cost and net realisable value, after making due
allowance for obsolete and slow moving items.

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.


GRAMMER & COMPANY LIMITED (REGISTERED NUMBER: 00308769)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2017

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the
period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 December 2016 1,175,000 1,610,603 2,785,603
Disposals (381,875 ) - (381,875 )
At 30 November 2017 793,125 1,610,603 2,403,728
DEPRECIATION
At 1 December 2016 - 1,320,647 1,320,647
Charge for year - 29,878 29,878
At 30 November 2017 - 1,350,525 1,350,525
NET BOOK VALUE
At 30 November 2017 793,125 260,078 1,053,203
At 30 November 2016 1,175,000 289,956 1,464,956

Cost or valuation at 30 November 2017 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2016 269,016 - 269,016
Cost 524,109 1,610,603 2,134,712
793,125 1,610,603 2,403,728

GRAMMER & COMPANY LIMITED (REGISTERED NUMBER: 00308769)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2017

4. TANGIBLE FIXED ASSETS - continued

If land and building leasehold had not been revalued it would have been included at the following
historical cost:

30/11/17 30/11/16
£    £   
Cost 524,109 776,458

Value of land in freehold land and buildings 524,109 776,458

Land and building leasehold was valued on an open market basis on 8 March 2017 by Martin Lacey Buckley Chartered Surveyors
.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/17 30/11/16
£    £   
Trade debtors 142,704 176,745
Other debtors 19,324 5,516
162,028 182,261

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/17 30/11/16
£    £   
Bank loans and overdrafts - 106,605
Trade creditors 166,151 203,629
Taxation and social security 10,769 6,848
Other creditors 29,413 31,389
206,333 348,471

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/11/17 30/11/16
£    £   
Bank loans - 312,638
Other creditors 444,942 322,983
444,942 635,621

Amounts falling due in more than five years:

Repayable by instalments
Bank Loans - 239,589

GRAMMER & COMPANY LIMITED (REGISTERED NUMBER: 00308769)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2017

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

Amounts payable:20172016
£   £   
Within one - two years-18,262
Within two to five years-54,787
After five years444,942562,572
444,942635,621



8. RESERVES
Revaluation
reserve
£   
At 1 December 2016 398,542
Disposal (129,526 )

At 30 November 2017 269,016

9. RELATED PARTY DISCLOSURES

During the year the company sold printing services and office services totalling £25,125 to Oyster
Press Limited a company controlled by on of the directors.

During the year the company gave loans to Oyster Press Limited of £15,515. The balance outstanding
at 30 November 2017 was £7,515