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REGISTERED NUMBER: 04684180 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Grade One (UK) Limited

Grade One (UK) Limited (Registered number: 04684180)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Grade One (UK) Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mr A Constantinou
Mrs C Constantinou





SECRETARY: Mrs C Constantinou





REGISTERED OFFICE: 147a High Street
Waltham Cross
EN8 7AP





REGISTERED NUMBER: 04684180 (England and Wales)





ACCOUNTANTS: Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
EN8 7AP

Grade One (UK) Limited (Registered number: 04684180)

Statement of Financial Position
31 March 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 32,265 54,306

CURRENT ASSETS
Stocks 1,007 1,054
Debtors 5 38,658 67,411
Cash at bank 832,671 752,807
872,336 821,272
CREDITORS
Amounts falling due within one year 6 (74,677 ) (32,975 )
NET CURRENT ASSETS 797,659 788,297
TOTAL ASSETS LESS CURRENT
LIABILITIES

829,924

842,603

CREDITORS
Amounts falling due after more than
one year

7

-

(43,473

)

PROVISIONS FOR LIABILITIES (6,130 ) (10,300 )
NET ASSETS 823,794 788,830

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 823,694 788,730
SHAREHOLDERS' FUNDS 823,794 788,830

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Grade One (UK) Limited (Registered number: 04684180)

Statement of Financial Position - continued
31 March 2025


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 28 May 2025 and were signed on its behalf by:





Mr A Constantinou - Director


Grade One (UK) Limited (Registered number: 04684180)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Grade One (UK) 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 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.

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.
Improvements to property - over lease term
Plant and machinery - 25% on cost
Motor vehicles - 25% on cost

Stocks
Stocks 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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Grade One (UK) Limited (Registered number: 04684180)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

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 2 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 April 2024
and 31 March 2025 19,098 17,982 122,376 159,456
DEPRECIATION
At 1 April 2024 15,923 17,906 71,321 105,150
Charge for year 1,543 76 20,422 22,041
At 31 March 2025 17,466 17,982 91,743 127,191
NET BOOK VALUE
At 31 March 2025 1,632 - 30,633 32,265
At 31 March 2024 3,175 76 51,055 54,306

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 36,813 65,580
Other debtors 1,845 1,831
38,658 67,411

Grade One (UK) Limited (Registered number: 04684180)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 43,473 3,886
Trade creditors 1,488 2,232
Taxation and social security 25,557 21,240
Other creditors 4,159 5,617
74,677 32,975

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2024
£    £   
Hire purchase contracts - 43,473

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100