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REGISTERED NUMBER: 14088311 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

GRECO M&E LTD

GRECO M&E LTD (REGISTERED NUMBER: 14088311)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GRECO M&E LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2025







DIRECTORS: S Gilbert
A D Rothon





REGISTERED OFFICE: Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA





REGISTERED NUMBER: 14088311 (England and Wales)





ACCOUNTANTS: Segrave & Partners LLP
Chartered Accountants
Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA

GRECO M&E LTD (REGISTERED NUMBER: 14088311)

BALANCE SHEET
31 MAY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 23,110 19,149

CURRENT ASSETS
Debtors 5 19,605 26,712
Cash at bank 10,882 6,091
30,487 32,803
CREDITORS
Amounts falling due within one year 6 22,264 19,433
NET CURRENT ASSETS 8,223 13,370
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,333

32,519

CREDITORS
Amounts falling due after more than one
year

7

3,127

8,030
NET ASSETS 28,206 24,489

CAPITAL AND RESERVES
Called up share capital 120 100
Retained earnings 28,086 24,389
28,206 24,489

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

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

GRECO M&E LTD (REGISTERED NUMBER: 14088311)

BALANCE SHEET - continued
31 MAY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:




S Gilbert - Director



A D Rothon - Director


GRECO M&E LTD (REGISTERED NUMBER: 14088311)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

1. STATUTORY INFORMATION

Greco M&E 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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

GRECO M&E LTD (REGISTERED NUMBER: 14088311)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2025

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2024 10,750 12,450 698 23,898
Additions - 11,300 - 11,300
At 31 May 2025 10,750 23,750 698 35,198
DEPRECIATION
At 1 June 2024 3,870 830 49 4,749
Charge for year 1,376 5,730 233 7,339
At 31 May 2025 5,246 6,560 282 12,088
NET BOOK VALUE
At 31 May 2025 5,504 17,190 416 23,110
At 31 May 2024 6,880 11,620 649 19,149

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 June 2024
and 31 May 2025 12,450
DEPRECIATION
At 1 June 2024 830
Charge for year 2,905
At 31 May 2025 3,735
NET BOOK VALUE
At 31 May 2025 8,715
At 31 May 2024 11,620

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,288 2,439
Other debtors 18,317 22,298
Directors' current accounts - 1,975
19,605 26,712

GRECO M&E LTD (REGISTERED NUMBER: 14088311)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts (see note 8) 4,263 3,623
Tax 10,126 11,737
Social security and other taxes - 458
VAT 2,124 708
Other creditors 3,492 2,907
Directors' current accounts 859 -
Accrued expenses 1,400 -
22,264 19,433

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts (see note 8) 3,127 8,030

8. LEASING AGREEMENTS

Operating leases are in relation to the vehicle leases in the company.