Grid Spot Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 15101092

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		4,600		5,175
Tangible Assets	5		11,492		14,835

			16,092		20,010
CURRENT ASSETS
Debtors	6	15,792		4,153
Cash at bank		1,898		136

		17,690		4,289
Creditors: Amounts Falling Due Within One Year	7	(5,646 )		(4,230 )

NET CURRENT ASSETS (LIABILITIES)			12,044		59

TOTAL ASSETS LESS CURRENT LIABILITIES			28,136		20,069

Creditors: Amounts Falling Due After More Than One Year	8		(9,946 )		(12,857 )

NET ASSETS			18,190		7,212

CAPITAL AND RESERVES
Called up share capital			1		1
Profit and Loss Account			18,189		7,211

SHAREHOLDERS' FUNDS			18,190		7,212

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Grid Spot Limited

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J Khari

Director

26/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Grid Spot Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15101092 . The registered office is 100 Widecombe Road, London, SE9 4HJ.

2. Accounting Policies

2.1. Basis of Preparation of 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.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, 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.

2.4. Tangible Fixed Assets and Depreciation

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

Tools & equipment	25% on reducing balance
Motor van	25% on reducing balance

2.5. Taxation

Taxation for the period 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.

2.6. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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Grid Spot Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 September 2024	5,750

As at 31 August 2025	5,750

Amortisation
As at 1 September 2024	575
Provided during the period	575

As at 31 August 2025	1,150

Net Book Value
As at 31 August 2025	4,600

As at 1 September 2024	5,175

5. Tangible Assets

	Tools & equipment	Motor van	Total
	£	£	£
Cost
As at 1 September 2024	5,225	14,555	19,780
Additions	487	-	487

As at 31 August 2025	5,712	14,555	20,267

Depreciation
As at 1 September 2024	1,306	3,639	4,945
Provided during the period	1,101	2,729	3,830

As at 31 August 2025	2,407	6,368	8,775

Net Book Value
As at 31 August 2025	3,305	8,187	11,492

As at 1 September 2024	3,919	10,916	14,835

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Grid Spot Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	5,970	4,153
Director's loan account	9,822	-

	15,792	4,153

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	1,461	-
Other loans	823	-
Corporation tax	2,415	-
Other creditors	947	923
Director's loan account	-	3,307

	5,646	4,230

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	9,946	12,857

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