REGISTERED NUMBER: 11962272 (England and Wales)

GRANGE SERVICES AGRICULTURAL LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTORS:

P I Benson

Mrs J Van Landeghem

REGISTERED OFFICE:

The Paddocks

Louth Road

West Ashby

Horncastle

Lincolnshire

LN9 5PS

REGISTERED NUMBER:

11962272 (England and Wales)

ACCOUNTANTS:

Clark Hearsey

Chartered Certified Accountants

Fairfield Enterprise Centre

Lincoln Way

Fairfield Industrial Estate

Louth

Lincolnshire

LN11 0LS

FIXED ASSETS

Tangible assets

4

23,972

30,035

CURRENT ASSETS

Stocks

1,500

2,000

Debtors

5

23,202

6,390

Cash at bank

19,160

20,800

43,862

29,190

CREDITORS

Amounts falling due within one year

6

14,167

12,696

NET CURRENT ASSETS

29,695

16,494

TOTAL ASSETS LESS CURRENT LIABILITIES

53,667

46,529

CREDITORS

Amounts falling due after more than one year

7

1,095

7,526

NET ASSETS

52,572

39,003

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

52,472

38,903

52,572

39,003

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

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 3rd November 2025 and were signed on its behalf by:

P I Benson - Director

1.	STATUTORY INFORMATION

Grange Services Agricultural 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.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

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 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st May 2024

59,093

Additions

3,507

Reclassification/transfer

(7,679

)

At 30th April 2025

54,921

DEPRECIATION

At 1st May 2024

29,058

Charge for year

5,823

Reclassification/transfer

(3,932

)

At 30th April 2025

30,949

NET BOOK VALUE

At 30th April 2025

23,972

At 30th April 2024

30,035

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

16,974

6,390

Other debtors

6,228

-

23,202

6,390

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

6,431

6,193

Trade creditors

486

312

Taxation and social security

5,117

3,099

Other creditors

2,133

3,092

14,167

12,696

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

1,095

7,526