REGISTERED NUMBER: 14656661 (England and Wales)

GREW UTILITIES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTOR:

S Grew

REGISTERED OFFICE:

26 Green Oak Crescent

Iwade,

Sittingbourne,

ME9 8GR

REGISTERED NUMBER:

14656661 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

20 Eversley Road

Bexhill-on-Sea

East Sussex

TN40 1HE

FIXED ASSETS

Tangible assets

4

260

181

CURRENT ASSETS

Debtors

5

22,013

18,408

Cash at bank

723

444

22,736

18,852

CREDITORS

Amounts falling due within one year

6

22,674

15,284

NET CURRENT ASSETS

62

3,568

TOTAL ASSETS LESS CURRENT LIABILITIES

322

3,749

PROVISIONS FOR LIABILITIES

65

45

NET ASSETS

257

3,704

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

256

3,703

SHAREHOLDERS' FUNDS

257

3,704

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 25th September 2025 and were signed by:

S Grew - Director

1.	STATUTORY INFORMATION

Grew Utilities 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1st April 2024

241

Additions

166

At 31st March 2025

407

DEPRECIATION

At 1st April 2024

60

Charge for year

87

At 31st March 2025

147

NET BOOK VALUE

At 31st March 2025

260

At 31st March 2024

181

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

2,240

Other debtors

22,013

16,168

22,013

18,408

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,038

-

Taxation and social security

14,874

10,395

Other creditors

3,762

4,889

22,674

15,284

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary shares

£1

1

1

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31st March 2025 and the period ended 31st March 2024:

2025

2024

£

£

S Grew

Balance outstanding at start of year

(1,103

)

-

Amounts advanced

89,335

59,721

Amounts repaid

(85,568

)

(60,824

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,664

(1,103

)

The above advance was interest free, had no fixed repayment date and was unsecured.