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Registered number: 11004432
Farnham Grab Services Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Yates & Co (Accountants) Limited
Chartered Certified Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11004432
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 34,500 40,500
Tangible Assets 5 587,618 620,510
622,118 661,010
CURRENT ASSETS
Stocks 6 25,720 23,575
Debtors 7 263,521 169,058
Cash at bank and in hand 366,009 307,312
655,250 499,945
Creditors: Amounts Falling Due Within One Year 8 (286,941 ) (168,433 )
NET CURRENT ASSETS (LIABILITIES) 368,309 331,512
TOTAL ASSETS LESS CURRENT LIABILITIES 990,427 992,522
PROVISIONS FOR LIABILITIES
Deferred Taxation (142,908 ) (149,761 )
NET ASSETS 847,519 842,761
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 847,419 842,661
SHAREHOLDERS' FUNDS 847,519 842,761
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Page 2
For the year ending 31 March 2026 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 Darren Worsley
Director
14/05/2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Farnham Grab Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11004432 . The registered office is Forest Lodge Minley Road, Blackwater, Camberley, GU17 9LA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery Straight Line over 6 years
Motor Vehicles Straight Line over 5 years
Fixtures & Fittings Straight Line over 4 years
Computer Equipment Straight Line over 4 years
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2025: 10)
8 10
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2025 60,000
As at 31 March 2026 60,000
Amortisation
As at 1 April 2025 19,500
Provided during the period 6,000
As at 31 March 2026 25,500
Net Book Value
As at 31 March 2026 34,500
As at 1 April 2025 40,500
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5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2025 813,250 - 31,800 47,100 892,150
Additions 115,000 61,500 - - 176,500
Disposals (76,000 ) - (4,000 ) - (80,000 )
As at 31 March 2026 852,250 61,500 27,800 47,100 988,650
Depreciation
As at 1 April 2025 223,036 - 10,335 38,269 271,640
Provided during the period 156,356 8,508 3,113 8,831 176,808
Disposals (45,783 ) - (1,633 ) - (47,416 )
As at 31 March 2026 333,609 8,508 11,815 47,100 401,032
Net Book Value
As at 31 March 2026 518,641 52,992 15,985 - 587,618
As at 1 April 2025 590,214 - 21,465 8,831 620,510
6. Stocks
2026 2025
£ £
Stock 25,720 23,575
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 224,251 132,009
Other debtors 39,270 37,049
263,521 169,058
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8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 242,210 93,427
Other creditors 3,649 22,608
Taxation and social security 41,082 52,398
286,941 168,433
9. Share Capital
2026 2025
Allotted, called up and fully paid £ £
99 Ordinary Shares of £ 1.00 each 99 99
1 Ordinary A shares of £ 1.00 each 1 1
100 100
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2026 2025
£ £
Not later than one year 163,500 -
Later than one year and not later than five years 130,500 -
294,000 -
11. Related Party Transactions
Farnham Tool and Plant Hire LtdA subsidiary of a company controlled by the director Mr Darren Worsley

Farnham Tool and Plant Hire Ltd

A subsidiary of a company controlled by the director Mr Darren Worsley

At the year end there were balances owing from the company to Farnham Tool and Plant Hire Ltd totalling £132,000 (2025: £NIL). At the year end there were balances owing to the company from Farnham Tool and Plant Hire Ltd totalling £4,842 (2025: £NIL) 
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