REGISTERED NUMBER: 00417689 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

HERBERT GRAVES (BRISTON) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P J Graves

K P Graves

SECRETARY:

K P Graves

REGISTERED OFFICE:

24 Gladstone Place

Briston

Melton Constable

Norfolk

NR24 2LE

REGISTERED NUMBER:

00417689 (England and Wales)

ACCOUNTANTS:

Accura Accountants Ltd

Langley House

53 Theobald Street

Borehamwood

WD6 4RT

FIXED ASSETS

Tangible assets

4

1,954,996

1,767,520

Investments

5

50

50

1,955,046

1,767,570

CURRENT ASSETS

Stocks

307,932

216,692

Debtors

6

232,675

234,698

Cash at bank and in hand

31,858

25,520

572,465

476,910

CREDITORS

Amounts falling due within one year

7

413,520

411,186

NET CURRENT ASSETS

158,945

65,724

TOTAL ASSETS LESS CURRENT LIABILITIES

2,113,991

1,833,294

CREDITORS

Amounts falling due after more than one year

8

(294,025

)

(180,028

)

PROVISIONS FOR LIABILITIES

(102,168

)

(178,753

)

NET ASSETS

1,717,798

1,474,513

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

97,644

97,644

Retained earnings

1,620,054

1,376,769

1,717,798

1,474,513

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 28 May 2026 and were signed on its behalf by:

K P Graves - Director

P J Graves - Director

1.	STATUTORY INFORMATION

Herbert Graves (Briston) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the sale of goods and services are recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, or when the service has been provided. The amount of revenue must be able to be measured reliably, it is considered probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Rent is recognised on an accruals basis.

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 etc

-

25% on reducing balance, 15% on reducing balance and 10% 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. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful economic lives. Finance leased are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of change on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

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.

Impairment of assets

A review of indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversals at each reporting date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 44 (2024 - 45 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

1,399,759

1,689,755

3,089,514

Additions

-

256,933

256,933

Disposals

-

(166,641

)

(166,641

)

At 31 August 2025

1,399,759

1,780,047

3,179,806

DEPRECIATION

At 1 September 2024

3,461

1,318,533

1,321,994

Charge for year

-

66,553

66,553

Eliminated on disposal

-

(163,737

)

(163,737

)

At 31 August 2025

3,461

1,221,349

1,224,810

NET BOOK VALUE

At 31 August 2025

1,396,298

558,698

1,954,996

At 31 August 2024

1,396,298

371,222

1,767,520

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

Plant and machinery £338,315 (2024: £175,750)

Motor vehicles £ 12,698 (2024: £15,872)

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 September 2024

and 31 August 2025

50

NET BOOK VALUE

At 31 August 2025

50

At 31 August 2024

50

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

210,781

212,454

Other debtors

21,894

22,244

232,675

234,698

Included within other debtors are prepayments of £15,766 (2024: £13,786).

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

10,000

70,368

Hire purchase contracts

62,957

30,565

Trade creditors

168,635

132,557

Taxation and social security

36,511

33,589

Other creditors

135,417

144,107

413,520

411,186

Included within other creditors are accruals of £30,006 (2024: £19,666).

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

1,839

19,661

Hire purchase contracts

292,186

160,367

294,025

180,028

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

72,991

67,867

9.

RESERVES

Revaluation

reserve

£

At 1 September 2024

and 31 August 2025

97,644

10.	RELATED PARTY DISCLOSURES

Included within other creditors is an amount of £91,390 (2024: £127,144) owed to K P Graves. This is an interest free loan to the company which is repayable on demand.