GRS Fabrications Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 09014104

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		20,720		7,946

			20,720		7,946
CURRENT ASSETS
Debtors	5	1,598		20,754
Cash at bank and in hand		36,659		3,380

		38,257		24,134
Creditors: Amounts Falling Due Within One Year	6	(28,886 )		(10,085 )

NET CURRENT ASSETS (LIABILITIES)			9,371		14,049

TOTAL ASSETS LESS CURRENT LIABILITIES			30,091		21,995

PROVISIONS FOR LIABILITIES
Deferred Taxation			(3,940 )		(1,510 )

NET ASSETS			26,151		20,485

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			26,051		20,385

SHAREHOLDERS' FUNDS			26,151		20,485

Page 1

Page 2

GRS Fabrications Limited

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Ian Hanson

Director

22nd August 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

GRS Fabrications Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09014104 . The registered office is Unit 1 Pasture Lane, Market Rasen, Lincolnshire, LN8 3DT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% on cost
Motor Vehicles	20% on cost

2.4. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	4	4

	4	4

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 May 2024	10,433	10,025	20,458
Additions	15,250	3,200	18,450

As at 30 April 2025	25,683	13,225	38,908

Depreciation
As at 1 May 2024	7,767	4,745	12,512
Provided during the period	3,716	1,960	5,676

As at 30 April 2025	11,483	6,705	18,188

...CONTINUED

Page 3

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GRS Fabrications Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

Net Book Value
As at 30 April 2025	14,200	6,520	20,720

As at 1 May 2024	2,666	5,280	7,946

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	19,809
VAT	8	-
Other taxes and social security	1,590	-

	1,598	19,809
Due after more than one year
Other taxes and social security	-	945

	1,598	20,754

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1	-
Corporation tax	22,765	4,466
VAT	-	4,666
Net wages	1,689	-
Accruals and deferred income	750	550
Directors' loan accounts	3,681	403

	28,886	10,085

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

8. Ultimate Controlling Party

The company's ultimate controlling party is Ian & Tammy & Lewis Hanson by virtue of their ownership of 100% of the issued share capital in the company.