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GRANTIS GROUP LIMITED
REGISTERED NUMBER: 06459288
BALANCE SHEET
AS AT 31 MARCH 2025
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Creditors: amounts falling due within one year
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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by
The notes on pages 2 to 3 form part of these financial statements.
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GRANTIS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Grantis Group Limited is a private company limited by shares and incorporated in England and Wales. The registered office address of the company is given in the company information page of these financial statements.
The principal activity of the company is that of head office administration.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
The company relies on the support of its directors and fellow group companies. The directors and group have given their assurances that their support will not be withdrawn. It is on this basis that these accounts have been prepared under the going concern concept, and do not reflect any adjustment that may be necessary should support be withdrawn.
Defined contribution pension plan
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
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GRANTIS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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Creditors: Amounts falling due within one year
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Amounts owed to group undertakings
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Allotted, called up and fully paid
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100,000,000 (2024 - 100,000,000) Ordinary shares of £0.01 each
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The company has given cross guarantees in favour of Allied Irish Bank (GB) in respect of the borrowings of Aspect Contracts Limited, Aspect Contracts (Asbestos) Limited, Grade 3 Limited, R&F Insulations Limited and Environmental Group Limited all of which are group companies.
The maximum potential liability under the terms of these guarantees as at 31 March 2025 was £2,351,417 (2024: £3,091,174).
The directors consider the likelihood that the company will be called upon to meet any claims under these guarantees to be remote and accordingly have made no provision in these accounts.
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Ultimate Parent Undertaking
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The company's ultimate parent company as at 31 March 2025 was Environmental Group Limited, a company registered in England and Wales, which prepares consolidated accounts for the group. From 30 May 2025, Environmental Group Holdings Limited, also incorporated in England and Wales, became the ultimate parent company.
The auditor's report on the financial statements for the year ended 31 March 2025 was unqualified.
The audit report was signed on 5 December 2025 by Mario Cientanni (Senior statutory auditor) on behalf of Barnes Roffe Audit Limited.
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