

	Company registration number:	01197234






GRORDIC LIMITED

REPORT OF THE DIRECTORS' AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 October 2025



GRORDIC LIMITED

BALANCE SHEET

AS AT 31 October 2025


		2025		2024
	Notes	£	£	£	£

FIXED ASSETS
Tangible assets	3		3,329,426		1,825,073
Financial assets	4		190,457		190,457

			3,519,883		2,015,530

CURRENT ASSETS
Stocks		695,018		628,830
Debtors		63,836		68,040
Cash at bank and in hand		55,984		156,384

		814,838		853,254

CREDITORS
Amounts falling due within one year		(1,989,428)		(639,501)

NET CURRENT ASSETS			(1,174,590)		213,753

TOTAL ASSETS LESS
CURRENT LIABILITIES			2,345,293		2,229,283



NET ASSETS			2,345,293		2,229,283



CAPITAL AND RESERVES
Called-up equity share capital			2,000		2,000
Profit and loss account			2,343,293		2,227,283

SHAREHOLDERS FUNDS			2,345,293		2,229,283


For the year ending 31 October 2025 the company was entitled to exemption 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 the accounts.


All the members have consented to the preparation of abridged financial statements for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.


The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.


These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 23 July 2026 and signed on its behalf.



..........................................................................
A H Drake

23 July 2026
The annexed notes form part of these financial statements.

GRORDIC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Turnover

Turnover comprises the value of goods and services supplied by the company.

Fixed Assets

Tangible fixed assets are stated at cost less depreciation. Depreciation i provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery- 15% reducing balance basi

Fixtures and fittings- 15% reducing balance basi

No depreciation has been provided on freehold land and buildings.

Stocks and Work In Progress

Stocks and work in progress are valued at the lower of cost and net realisable value. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Employees

The average number of persons employed by the company (including directors) during the year was 1.



3.	Tangible fixed assets

		Total

	Cost
	At start of period	1,827,697
	Additions	1,504,353
	At end of period	3,332,050

	Depreciation
	At start of period	2,624
	At end of period	2,624

	Net Book Value
	At start of period	1,825,073
	At end of period	3,329,426


4.	Fixed asset investments
		Total

	Cost
	At start of period	190,457
	At end of period	190,457

	Carrying amount:
	At start of period	190,457
	At end of period	190,457


	This represents the companies investment in various joint ventures, see note 11 for further details.

Related Party Transactions

The company owns three properties jointly with Mrs S A Drake.

Directors' advances, credits and guarantees

The company recieved £66,000 management fee from A H Drake for assistance in the management of his privately owned properties.