REGISTERED NUMBER: 04688289 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

GRAYS TECHNICAL & SECURITY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

John Damien Gray

REGISTERED OFFICE:

16 Omega Business Village

Thurston Road

Northallerton

North Yorkshire

DL6 5NJ

BUSINESS ADDRESS:

Office 15

Manvers House

Rotherham

S63 7JZ

REGISTERED NUMBER:

04688289 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

16 Omega Business Village

Thurston Road

Northallerton

North Yorkshire

DL6 2NJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

11,029

51,012

11,029

51,012

CURRENT ASSETS

Stocks

222,335

167,097

Debtors

6

67,074

53,765

Cash at bank

114,975

245,019

404,384

465,881

CREDITORS

Amounts falling due within one year

7

121,041

141,295

NET CURRENT ASSETS

283,343

324,586

TOTAL ASSETS LESS CURRENT LIABILITIES

294,372

375,598

CREDITORS

Amounts falling due after more than one year

8

-

(27,781

)

PROVISIONS FOR LIABILITIES

-

(11,081

)

NET ASSETS

294,372

336,736

CAPITAL AND RESERVES

Called up share capital

100

100

Profit and loss account

294,272

336,636

294,372

336,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 April 2026 and were signed by:

John Damien Gray - Director

1.	STATUTORY INFORMATION

Grays Technical & Security Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill and other intangible fixed assets have been capitalised and are amortised on a straight line basis over the estimated useful economic life of one year, which was chosen because the directors are of the opinion that this is the period which the company will receive economic benefits from these assets.

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

Motor vehicles

-

25% on reducing balance

Computer Equipment

-

33% on cost

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 Profit and Loss Account, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Tangible fixed assets acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible assets. The related obligations, net of future charges, are included in creditors.

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.

Income recognition

Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

10,000

AMORTISATION

At 1 January 2025

and 31 December 2025

10,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 January 2025

14,634

58,292

6,679

79,605

Additions

800

69,750

559

71,109

Disposals

-

(122,292

)

-

(122,292

)

At 31 December 2025

15,434

5,750

7,238

28,422

DEPRECIATION

At 1 January 2025

8,374

14,777

5,442

28,593

Charge for year

1,063

1,438

1,076

3,577

Eliminated on disposal

-

(14,777

)

-

(14,777

)

At 31 December 2025

9,437

1,438

6,518

17,393

NET BOOK VALUE

At 31 December 2025

5,997

4,312

720

11,029

At 31 December 2024

6,260

43,515

1,237

51,012

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

32,506

41,075

Other debtors

34,568

12,690

67,074

53,765

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

-

5,191

Trade creditors

84,751

94,984

Taxation and social security

32,982

38,147

Other creditors

3,308

2,973

121,041

141,295

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

-

27,781

The obligations under finance leases and hire purchase contracts are secured by a charge over the

assets purchased under these agreement.

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

-

5,191

Between one and five years

-

27,781

-

32,972

10.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are

held separately from those of the company in an independently administered fund. The pension cost

represents contributions payable by the company to the fund and amounted to £9,277 (2024:

£10,086). Contributions totalling £1 (2024: £7) were payable to the fund at the year end and are

included in creditors.

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, the company made advances to the Director totalling £199,923 (2024: £101,115). These were charged interest at the HMRC advisory rate and repayable on demand.

The company received repayments totalling £177,648 (2024: £82,594).