Chiltern GRC Limited

Balance Sheet

as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	142,011	173,400
Investments	5	100	-
		142,111	173,400
Current assets
Stocks		399,086	208,110
Debtors	6	1,013,041	509,759
Cash at bank and in hand		95,553	225,049
		1,507,680	942,918
Creditors: Amounts falling due within one year	7	(642,867)	(299,067)
Net current assets		864,813	643,851
Total assets less current liabilities		1,006,924	817,251
Provisions for liabilities		(35,503)	(43,350)
Net assets		971,421	773,901
Capital and reserves
Allotted, called up and fully paid share capital		1,050	1,050
Profit and loss account		970,371	772,851
Shareholders' funds		971,421	773,901

Registration number: 06769123

Chiltern GRC Limited

Balance Sheet

as at 31 March 2025 (continued)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 17 September 2025 and signed on its behalf by:
 

......................................... Mr E B McMullan Director

Chiltern GRC Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2025

1	General information

The company is a private company limited by shares incorporated in England within the United Kingdom.

The company's registration number is 06769123.

The address of its registered office is:
Hargrave House
50 Bunyan Road
Kempston
Bedford
Bedfordshire
MK42 8HL

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A – ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have been transferred to the buyer.

Chiltern GRC Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% per annum on a straight line basis
Motor vehicles	25% per annum on a straight line basis
Office equipment	25% per annum on a straight line basis

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Chiltern GRC Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 46 (2024 - 36).

4	Tangible assets

	Fixtures, fittings and equipment  £	Motor vehicles  £	Plant and machinery  £	Total £
Cost
At 1 April 2024	2,636	39,074	494,211	535,921
Additions	-	-	58,111	58,111
At 31 March 2025	2,636	39,074	552,322	594,032
Depreciation
At 1 April 2024	1,523	24,641	336,357	362,521
Charge for the year	635	5,122	83,743	89,500
At 31 March 2025	2,158	29,763	420,100	452,021
Net book value
At 31 March 2025	478	9,311	132,222	142,011
At 31 March 2024	1,113	14,433	157,854	173,400

Chiltern GRC Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2025 (continued)

5	Investments

	2025 £	2024 £
Shares in group undertakings and participating interests	100	-