REGISTERED NUMBER: 07376495 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2024 TO 30 SEPTEMBER 2025

FOR

GRAVESEND TRANSMISSION SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J D Clifton

D Henderson

D A Merrison

SECRETARY:

Mrs J Clifton

REGISTERED OFFICE:

Unit 1 Bentley Street Industrial Estate

Gravesend

Kent

DA12 2DH

REGISTERED NUMBER:

07376495 (England and Wales)

ACCOUNTANTS:

Carleys

Second Floor South

The Fitted Rigging House

The Historic Dockyard

Chatham

Kent

ME4 4TZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

22,125

27,234

22,125

27,234

CURRENT ASSETS

Stocks

24,350

23,475

Debtors

6

327,527

247,962

Cash at bank and in hand

102,773

134,201

454,650

405,638

CREDITORS

Amounts falling due within one year

7

148,179

126,856

NET CURRENT ASSETS

306,471

278,782

TOTAL ASSETS LESS CURRENT LIABILITIES

328,596

306,016

PROVISIONS FOR LIABILITIES

5,531

6,809

NET ASSETS

323,065

299,207

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

322,965

299,107

323,065

299,207

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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 5 June 2026 and were signed on its behalf by:

J D Clifton - Director

D A Merrison - Director

1.	STATUTORY INFORMATION

Gravesend Transmission Services 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 recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

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

Financial instruments

The company has elected to apply the recognition and measurement provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to

the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities

Basic financial liabilities, including trade creditors, are recognised at transaction price.

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.

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 period 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 13 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 30 September 2025

180,000

AMORTISATION

At 1 August 2024

and 30 September 2025

180,000

NET BOOK VALUE

At 30 September 2025

-

At 31 July 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

57,407

Additions

12,924

Disposals

(18,250

)

At 30 September 2025

52,081

DEPRECIATION

At 1 August 2024

30,173

Charge for period

7,197

Eliminated on disposal

(7,414

)

At 30 September 2025

29,956

NET BOOK VALUE

At 30 September 2025

22,125

At 31 July 2024

27,234

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,968

5,724

Amounts owed by group undertakings

300,293

-

Other debtors

22,266

242,238

327,527

247,962

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

15,888

29,198

Taxation and social security

117,791

82,158

Other creditors

14,500

15,500

148,179

126,856

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company made advances totalling £104,267 (2024: £100,786), £80,226 (2024: £64,124) and £79,222 (2024: £63,451) to directors. Repayments totalling £199,811 (2024: £95,600), £137,410 (2024: £48,000) and £135,620 (2024: £48,000) respectively were made in relation to these advances and brought forward balances. The overdrawn balances incurred interest at HMRC approved rates and were fully repaid by 30th September 2025.

9.	ULTIMATE HOLDING PARTY

The ultimate parent company is Gravesend Transmission Services Holdings Ltd a company registered in England and Wales.