REGISTERED NUMBER: 13913150 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

GREASE LIGHTNING CARPET CLEANING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D Esposito

B Gillespie

REGISTERED OFFICE:

Aruna House

2 Kings Road

Haslemere

Surrey

GU27 2QA

REGISTERED NUMBER:

13913150 (England and Wales)

ACCOUNTANTS:

A & N (Haslemere) Limited

Aruna House

2 Kings Road

Haslemere

Surrey

GU27 2QA

FIXED ASSETS

Tangible assets

3

909

1,136

CURRENT ASSETS

Debtors

4

5,417

4,182

Cash at bank

258

1,175

5,675

5,357

CREDITORS

Amounts falling due within one year

5

6,999

6,327

NET CURRENT LIABILITIES

(1,324

)

(970

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(415

)

166

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

(515

)

66

SHAREHOLDERS' FUNDS

(415

)

166

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

-

20% 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.

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 29 February 2024

and 28 February 2025

1,704

DEPRECIATION

At 29 February 2024

568

Charge for year

227

At 28 February 2025

795

NET BOOK VALUE

At 28 February 2025

909

At 28 February 2024

1,136

4.

DEBTORS

28.2.25

28.2.24

£

£

Amounts falling due within one year:

Trade debtors

360

-

Directors' current accounts

3,589

4,133

Prepayments

-

49

3,949

4,182

Amounts falling due after more than one year:

Amounts owed by group undertakings

1,468

-

Aggregate amounts

5,417

4,182

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

28.2.24

£

£

Trade creditors

2,479

1,579

Tax

3,320

3,549

Accrued expenses

1,200

1,199

6,999

6,327

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

28.2.24

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Retained

earnings

£

At 29 February 2024

66

Profit for the year

2,519

Dividends

(3,100

)

At 28 February 2025

(515

)