REGISTERED NUMBER: 08847819 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

GREASE LIGHTNING OVEN CLEANING

(COMMERCIAL) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Esposito

B Gillespie

REGISTERED OFFICE:

Aruna House

2 Kings Road

Haslemere

Surrey

GU27 2QA

REGISTERED NUMBER:

08847819 (England and Wales)

ACCOUNTANTS:

A & N (Haslemere) Limited

Aruna House

2 Kings Road

Haslemere

Surrey

GU27 2QA

FIXED ASSETS

Tangible assets

3

-

432

CURRENT ASSETS

Stocks

4

3,052

3,040

Debtors

5

3,865

5,147

Cash at bank

642

1,046

7,559

9,233

CREDITORS

Amounts falling due within one year

6

12,532

15,933

NET CURRENT LIABILITIES

(4,973

)

(6,700

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,973

)

(6,268

)

CREDITORS

Amounts falling due after more than one year

7

(5,208

)

(9,263

)

PROVISIONS FOR LIABILITIES

(61

)

(82

)

NET LIABILITIES

(10,242

)

(15,613

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(10,342

)

(15,713

)

SHAREHOLDERS' FUNDS

(10,242

)

(15,613

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 30 November 2025 and were signed on its behalf by:

B Gillespie - Director

1.	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

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 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.

Going concern

The directors consider that there are no material uncertainties about the company's ability to continue as a

going concern. There are no material uncertainties affecting the current year's accounts.

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 29 February 2024

3,550

Disposals

(3,550

)

At 28 February 2025

-

DEPRECIATION

At 29 February 2024

3,011

Charge for year

107

Eliminated on disposal

(3,118

)

At 28 February 2025

-

NET BOOK VALUE

At 28 February 2025

-

At 28 February 2024

539

4.

STOCKS

28.2.25

28.2.24

£

£

Stocks

3,052

3,040

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

28.2.24

£

£

Trade debtors

175

-

Other debtors

3,690

5,147

3,865

5,147

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

28.2.24

£

£

Trade creditors

2,945

2,869

Amounts owed to group undertakings

1,468

-

Taxation and social security

1,167

-

Other creditors

6,952

13,064

12,532

15,933

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

28.2.24

£

£

Bank loans

5,208

9,263

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

28.2.24

value:

£

£

100

Ordinary

£1

100

100

9.	GOING CONCERN BASIS

The directors have given careful consideration to the financial information available and in presenting these accounts it is their opinion that sufficient evidence exists to confirm that the business will continue to trade and meet its responsibilities for at least twelve months from the date of signing of these financial statement's.