REGISTERED NUMBER: 13024042 (England and Wales)

Grana Foods Ltd

Unaudited Financial Statements

for the Year Ended 31st March 2026

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Khan

REGISTERED OFFICE:

69 Lambeth Walk

London

SE11 6DX

REGISTERED NUMBER:

13024042 (England and Wales)

ACCOUNTANTS:

Naail & Co

Chartered Certified Accountants

69 Lambeth Walk

London

SE11 6DX

FIXED ASSETS

Intangible assets

5

499

599

Property, plant and equipment

6

16,294

13,934

16,793

14,533

CURRENT ASSETS

Inventories

6,450

7,450

Debtors

6,286

4,158

Cash at bank and in hand

273

97

13,009

11,705

CREDITORS

Amounts falling due within one year

46,165

38,796

NET CURRENT LIABILITIES

(33,156

)

(27,091

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(16,363

)

(12,558

)

PROVISIONS FOR LIABILITIES

8

701

-

NET LIABILITIES

(17,064

)

(12,558

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

(17,164

)

(12,658

)

SHAREHOLDERS' FUNDS

(17,064

)

(12,558

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th May 2026 and were signed by:

Mr A Khan - Director

1.	STATUTORY INFORMATION

Grana Foods 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

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

Turnover is generated form the ordinary activities of the business and is recognized when the goods are delivered to the customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less any additional costs to sell.

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.

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.

Going concern

At the balance sheet date, the company's liabilities exceeded its assets. The company is able to trade with the support of its director and in his opinion, this support will continue for the foreseeable future and for at least 13 months from the date of approval of these financial statements. The financial statements are therefore prepared on the going concern basis.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

5.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2025

and 31st March 2026

999

AMORTISATION

At 1st April 2025

400

Amortisation for year

100

At 31st March 2026

500

NET BOOK VALUE

At 31st March 2026

499

At 31st March 2025

599

6.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1st April 2025

41,095

Additions

7,791

At 31st March 2026

48,886

DEPRECIATION

At 1st April 2025

27,161

Charge for year

5,431

At 31st March 2026

32,592

NET BOOK VALUE

At 31st March 2026

16,294

At 31st March 2025

13,934

7.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Other loans

2,361

2,361

8.	PROVISIONS FOR LIABILITIES

2026

£

Deferred tax

701

Deferred

tax

£

Balance at 1st April 2025

(273

)

Charge to Income Statement during year

974

Balance at 31st March 2026

701

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

Mr A Khan

Director & 100% shareholder

At the reporting date, the company owed £33,574 (2025: £23,048) to Mr Khan. This is an interest free loan with no set repayment terms.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A Khan.