REGISTERED NUMBER: 00671467 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

FRANK GREENSLADE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M K Greenslade

Mr L G Greenslade

Mr K Greenslade

SECRETARY:

Mr K Greenslade

REGISTERED OFFICE:

Arrowsmith Court

Station Approach

Broadstone

Dorset

BH18 8AT

REGISTERED NUMBER:

00671467 (England and Wales)

ACCOUNTANTS:

Newton Magnus

Chartered Certified Accountants

Arrowsmith Court

Station Approach

Broadstone

Dorset

BH18 8AT

FIXED ASSETS

Intangible assets

4

16,500

16,500

Tangible assets

5

977,738

1,000,882

Investments

6

1,852,235

1,215,636

2,846,473

2,233,018

CURRENT ASSETS

Stocks

3,000

8,000

Debtors

7

176,304

128,498

Prepayments and accrued income

2,013

1,796

Cash at bank and in hand

59,551

84,403

240,868

222,697

CREDITORS

Amounts falling due within one year

8

(123,725

)

(72,961

)

NET CURRENT ASSETS

117,143

149,736

TOTAL ASSETS LESS CURRENT LIABILITIES

2,963,616

2,382,754

PROVISIONS FOR LIABILITIES

(18,585

)

-

NET ASSETS

2,945,031

2,382,754

CAPITAL AND RESERVES

Called up share capital

3,000

3,000

Fair value reserve

9

242,982

(178,260

)

Retained earnings

2,699,049

2,558,014

SHAREHOLDERS' FUNDS

2,945,031

2,382,754

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 16 September 2025 and were signed on its behalf by:

Mr K Greenslade - Director

1.	STATUTORY INFORMATION

Frank Greenslade 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the value of goods and services supplied by the company during the year, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

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

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 May 2024

and 30 April 2025

16,500

NET BOOK VALUE

At 30 April 2025

16,500

At 30 April 2024

16,500

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 May 2024

903,399

72,253

685

200,282

1,176,619

Additions

-

1,592

150

-

1,742

Disposals

-

-

-

(18,050

)

(18,050

)

At 30 April 2025

903,399

73,845

835

182,232

1,160,311

DEPRECIATION

At 1 May 2024

-

43,612

427

131,698

175,737

Charge for year

-

4,535

102

17,393

22,030

Eliminated on disposal

-

-

-

(15,194

)

(15,194

)

At 30 April 2025

-

48,147

529

133,897

182,573

NET BOOK VALUE

At 30 April 2025

903,399

25,698

306

48,335

977,738

At 30 April 2024

903,399

28,641

258

68,584

1,000,882

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 May 2024

1,215,636

Additions

1,463,622

Disposals

(1,088,629

)

Revaluations

261,606

At 30 April 2025

1,852,235

NET BOOK VALUE

At 30 April 2025

1,852,235

At 30 April 2024

1,215,636

Cost or valuation at 30 April 2025 is represented by:

Other

investments

£

Valuation in 2025

1,852,235

If had not been revalued would have been included at the following historical cost:

2025

2024

£

£

Cost

1,606,558

1,373,619

Fixed asset investments were valued on an open market basis on 30 April 2025 by Redmayne Bentley .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

134,723

127,790

Other debtors

41,581

708

176,304

128,498

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

50

-

Trade creditors

40,037

34,388

Taxation and social security

75,944

2,491

Other creditors

7,694

36,082

123,725

72,961

9.

RESERVES

Fair

value

reserve

£

At 1 May 2024

(178,260

)

Revaluations in year

261,606

Reclassification of unrealised

gain/loss on disposal of

investments

159,636

At 30 April 2025

242,982