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Company Registration No. 09124205 (England and Wales)
Grinding Services Engineering Limited Unaudited accounts for the year ended 31 July 2025
Grinding Services Engineering Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Grinding Services Engineering Limited Company Information for the year ended 31 July 2025
Director
Mr Robert Traynor
Company Number
09124205 (England and Wales)
Registered Office
Multi Tech Engineering UK Ltd Kirkhaw Lane Knottingley West Yorkshire WF11 8RD England
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Grinding Services Engineering Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
169,954
174,362
Current assets
Inventories
23,166
22,971
Debtors
5
179,662
141,802
Cash at bank and in hand
7,716
8,031
210,544
172,804
Creditors: amounts falling due within one year
6
(381,598)
(355,752)
Net current liabilities
(171,054)
(182,948)
Total assets less current liabilities
(1,100)
(8,586)
Creditors: amounts falling due after more than one year
7
(341)
(15,118)
Net liabilities
(1,441)
(23,704)
Capital and reserves
Called up share capital
10,000
10,000
Profit and loss account
(11,441)
(33,704)
Shareholders' funds
(1,441)
(23,704)
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 March 2026 and were signed on its behalf by
Mr Robert Traynor Director Company Registration No. 09124205
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Grinding Services Engineering Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Grinding Services Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 09124205. The registered office is Multi Tech Engineering UK Ltd, Kirkhaw Lane, Knottingley, West Yorkshire, WF11 8RD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%RB / 3%SL
Fixtures & fittings
25%RB / 3%SL
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
276,358
5,685
282,043
Additions
9,337
499
9,836
At 31 July 2025
285,695
6,184
291,879
Depreciation
At 1 August 2024
106,774
907
107,681
Charge for the year
13,944
300
14,244
At 31 July 2025
120,718
1,207
121,925
Net book value
At 31 July 2025
164,977
4,977
169,954
At 31 July 2024
169,584
4,778
174,362
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Grinding Services Engineering Limited Notes to the Accounts for the year ended 31 July 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
3,552
-
Trade debtors
146,228
141,802
Other debtors
29,882
-
179,662
141,802
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
79,306
76,832
VAT
37,671
9,431
Obligations under finance leases and hire purchase contracts
-
11,782
Trade creditors
263,237
256,958
Taxes and social security
1,384
749
381,598
355,752
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
341
10,215
Obligations under finance leases and hire purchase contracts
-
4,903
341
15,118
8
Average number of employees
During the year the average number of employees was 10 (2024: 10).
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