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GRIDSOURCE LIMITED

Registered Number
09633536
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2025

GRIDSOURCE LIMITED
Company Information
for the year from 1 January 2025 to 31 December 2025

Directors | CLARK, Lisa Clare
| GAY, Gary Alvin
| GAY, Steven Phillip

Company Secretary | MILLER, Jacqueline

Registered Address | Haywards Room Henlow Bridge Lakes
| Bridge End Road
| Henlow
| SG16 6DD

Registered Number | 09633536 (England and Wales)

GRIDSOURCE LIMITED
Statement of Financial Position
31 December 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Tangible assets |  |  |  | 14,302 |  |  |  | 19,064
|  |  |  | 14,302 |  |  |  | 19,064
Current assets |  |  |  |  |  |  |  |
Stocks | 3 | 88,378 |  |  |  | 87,843 |  |
Debtors | 4 | 31,489 |  |  |  | 23,329 |  |
Cash at bank and on hand |  | 45,060 |  |  |  | 72,147 |  |
|  | 164,927 |  |  |  | 183,319 |  |
Creditors amounts falling due within one year | 5 | (89,752) |  |  |  | (98,251) |  |
Net current assets (liabilities) |  |  |  | 75,175 |  |  |  | 85,068
Total assets less current liabilities |  |  |  | 89,477 |  |  |  | 104,132
Creditors amounts falling due after one year | 6 |  |  | (603,225) |  |  |  | (471,725)
Net assets |  |  |  | (513,748) |  |  |  | (367,593)
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 79 |  |  |  | 79
Other reserves |  |  |  | 21 |  |  |  | 21
Profit and loss account |  |  |  | (513,848) |  |  |  | (367,693)
Shareholders' funds |  |  |  | (513,748) |  |  |  | (367,593)

- The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
- The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
- The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
- These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 19 May 2026, and are signed on its behalf by:
GAY, Gary Alvin Director Registered Company No. 09633536

GRIDSOURCE LIMITED
Notes to the Financial Statements
for the year ended 31 December 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number is 09633536. The registered office address is Haywards Room, Henlow Bridge Lakes, Bridge End Road, Henlow, SG16 6DD.

| Statement of compliance
--- | ---
| The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

| Basis of preparation
--- | ---
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

| Revenue from sale of goods
--- | ---
| Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

| Employee benefits
--- | ---
| The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

| Tangible fixed assets and depreciation
--- | ---
| Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

|  | Reducing balance (%) |  | Straight line (years)
| Plant and machinery | - |  | 10
| Office Equipment | 25 |  | -

| Stocks and work in progress
--- | ---
| Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

| Trade and other debtors
--- | ---
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

| Trade and other creditors
--- | ---
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

| Financial instruments
--- | ---
| The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2. | Average number of employees
--- | ---
| The average monthly number of employees, including directors, during the year was 10 (2023 - 10)

|  | 2025 |  | 2024
| Average number of employees during the year | 10 |  | 10

3. | Stocks
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Work in progress | 88,378 |  | 87,843
| Total | 88,378 |  | 87,843

4. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade debtors / trade receivables | 11,310 |  | 2,021
| Other debtors | 4,900 |  | 4,900
| Prepayments and accrued income | 15,279 |  | 16,408
| Total | 31,489 |  | 23,329

5. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 204 |  | 19,549
| Bank borrowings and overdrafts | 508 |  | 2,318
| Taxation and social security | 52,669 |  | 32,911
| Other creditors | - |  | 4,171
| Accrued liabilities and deferred income | 36,371 |  | 39,302
| Total | 89,752 |  | 98,251

| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Other creditors | 603,225 |  | 471,725
| Total | 603,225 |  | 471,725