Company registration number 16044722 (England and Wales)
GRISTFIELD LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
GRISTFIELD LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
GRISTFIELD LTD
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
Notes
£
£
Fixed assets
Intangible assets
-
0
Investments
4
5,131,064
Current assets
Cash at bank and in hand
32,192
Creditors: amounts falling due within one year
6
(5,045,585)
Net current liabilities
(5,013,393)
Total assets less current liabilities
117,671
Provisions for liabilities
(22,000)
Net assets
95,671
Capital and reserves
Called up share capital
7
150
Profit and loss reserves
95,521
Total equity
95,671

For the financial period ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 23 June 2026 and are signed on its behalf by:
Mr D C Gristwood
Director
Company registration number 16044722 (England and Wales)
GRISTFIELD LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

Gristfield Ltd is a private company limited by shares incorporated in England and Wales. The registered office is .

1.1
Reporting period

These financial statements cover the period from 28 October 2024 to 31 December 2025, which is the company’s first accounting period and is therefore longer than 12 months. Comparative figures have not been presented because there were no previous accounting periods.

1.2
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are presented in sterling, which is the company’s functional currency. Monetary amounts are rounded to the nearest £.

The financial statements are prepared under the historical cost convention, as modified to include the fair value of certain financial instruments, being the company’s equity and fixed‑income investments.

1.3
Fixed asset investments

Fixed asset investments comprise financial assets held at fair value through profit or loss. These investments are measured at fair value at each reporting date, with changes in fair value recognised in profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents consist solely of cash at bank.

1.5
Financial instruments
Fair value measurement of financial instruments

The company holds financial instruments in the form of cash and fixed‑asset investments. Financial assets are measured at fair value through profit or loss, with gains and losses recognised in the income statement. Financial liabilities are measured at amortised cost.

Basic financial assets

Financial assets comprise cash at bank and investments held at fair value. Investments are measured at fair value at each reporting date, with changes recognised in profit or loss. Cash at bank is measured at its nominal value.

Basic financial liabilities

Financial liabilities comprise amounts owed to directors and trade creditors. These are measured at amortised cost and are repayable on demand unless stated otherwise.

1.6
Equity instruments

Equity instruments are recorded at the value of consideration received.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

GRISTFIELD LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -
Current tax

Current tax is recognised based on taxable profit for the year, using the tax rates enacted at the reporting date.

Deferred tax

Deferred tax is recognised on timing differences between taxable profits and accounting profits. Deferred tax liabilities are recognised for all such differences; deferred tax assets are recognised only where recovery is probable. Deferred tax is measured using the tax rates expected to apply when the timing differences reverse.

1.8
Employee benefits

The company has no employees other than directors. No employee benefits arise.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
Number
Total
4
4
Fixed asset investments
2025
£
Investments
5,131,064
GRISTFIELD LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
4
Fixed asset investments
(Continued)
- 4 -
Movements in fixed asset investments
Investments
£
Cost or valuation
At 28 October 2024
-
Additions
6,549,624
Valuation changes
128,943
Disposals
(1,547,503)
At 31 December 2025
5,131,064
Carrying amount
At 31 December 2025
5,131,064
5
Financial instruments
2025
£
Carrying amount of financial assets include:
Instruments measured at fair value through profit or loss
5,131,064
6
Creditors: amounts falling due within one year
2025
£
Other creditors
5,045,585
7
Called up share capital
2025
2025
Ordinary share capital
Number
£
Issued and fully paid
A Ordinary shares of £1 each
50
50
B Ordinary shares of £1 each
25
25
C Ordinary shares of £1 each
25
25
D Ordinary shares of £1 each
50
50
150
150

On incorporation, the Company issued 150 £1 ordinary shares at par.

These shares were subsequently re-designated into 50 A ordinary shares, 25 B ordinary shares, 25 C

ordinary shares and 50 D ordinary shares, each with a nominal value of £1.

The A ordinary shares carry full voting rights. The B, C and D ordinary shares carry no voting rights. On a

return of capital, the A ordinary shares have priority in repayment of their nominal value. Dividends may be

declared separately on each class of share, and each class is entitled only to dividends declared on that

class. In all other respects, the share classes rank pari pasu.

GRISTFIELD LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
- 5 -
8
Directors' transactions

During the year, the director s loaned the company £5,014,372. At the year end £5,014,372 was outstanding and is included in other creditors. The loans are unsecured, interest free and repayable on demand.

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