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REGISTERED NUMBER: 04934279 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2024

FOR

GRANTHAM FABRICATIONS LIMITED

GRANTHAM FABRICATIONS LIMITED (REGISTERED NUMBER: 04934279)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GRANTHAM FABRICATIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2024







DIRECTORS: M F R Townhill
K Shipton
D P Keirle





REGISTERED OFFICE: Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP





REGISTERED NUMBER: 04934279 (England and Wales)





ACCOUNTANTS: Cook & Partners Limited
Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

GRANTHAM FABRICATIONS LIMITED (REGISTERED NUMBER: 04934279)

BALANCE SHEET
31ST MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,989,150 1,989,150

CURRENT ASSETS
Debtors 5 3 3

CREDITORS
Amounts falling due within one year 6 35,892 35,892
NET CURRENT LIABILITIES (35,889 ) (35,889 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,953,261

1,953,261

CREDITORS
Amounts falling due after more than one
year

7

1,885,832

1,885,832
NET ASSETS 67,429 67,429

CAPITAL AND RESERVES
Called up share capital 1,255 1,255
Share premium 74,250 74,250
Retained earnings (8,076 ) (8,076 )
SHAREHOLDERS' FUNDS 67,429 67,429

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2024 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.

GRANTHAM FABRICATIONS LIMITED (REGISTERED NUMBER: 04934279)

BALANCE SHEET - continued
31ST MAY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5th February 2025 and were signed on its behalf by:





K Shipton - Director


GRANTHAM FABRICATIONS LIMITED (REGISTERED NUMBER: 04934279)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024

1. STATUTORY INFORMATION

Grantham Fabrications 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

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

Going Concern Justification
The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31 May 2024 have been prepared using the going concern basis of accounting.

Investments
Fixed asset investments reflects an investment in a related party company and is recorded at cost. The recorded book value will be written down in the event that any impairment in value is identified.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st June 2023
and 31st May 2024 1,989,150
NET BOOK VALUE
At 31st May 2024 1,989,150
At 31st May 2023 1,989,150

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3 3

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 7 7
Trade creditors 1 1
Other creditors 34,884 34,884
Accrued expenses 1,000 1,000
35,892 35,892

GRANTHAM FABRICATIONS LIMITED (REGISTERED NUMBER: 04934279)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Amounts owed to group undertakings 1,885,832 1,885,832

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 7 7

There exists an all monies Debenture granted by the company in favour of Bank of Scotland Plc over the whole assets of the company.

9. CONTINGENT LIABILITIES

There exists an unlimited cross guarantee between the company and its subsidiary undertaking (see note 4) in favour of Bank of Scotland Plc. At the balance sheet date the value of this company's potential commitment under this guarantee was £nil (2023: £nil).

10. ULTIMATE CONTROLLING PARTY

As at 31st May 2024, the ultimate controlling party was Grantham Fabrications Holdings Limited, who held 100% of the ordinary share capital.