Grassplant Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 08409189

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		663,533		395,904
Investments	5		100,500		100,500

			764,033		496,404
CURRENT ASSETS
Debtors	6	168,187		92,272
Cash at bank and in hand		203,858		228,600

		372,045		320,872
Creditors: Amounts Falling Due Within One Year	7	(375,803 )		(330,898 )

NET CURRENT ASSETS (LIABILITIES)			(3,758 )		(10,026 )

TOTAL ASSETS LESS CURRENT LIABILITIES			760,275		486,378

Creditors: Amounts Falling Due After More Than One Year	8		(377,043 )		(137,234 )

NET ASSETS			383,232		349,144

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			383,230		349,142

SHAREHOLDERS' FUNDS			383,232		349,144

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Grassplant Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 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 Martin Guy

Director

30/07/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Grassplant Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08409189 . The registered office is 24-26 Parliament Square, Hertford, Hertfordshire, SG14 1EZ.

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. 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	25% reducing balance
Motor Vehicles	25% reducing balance
Computer Equipment	25% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. 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.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 32 (2024: 32)

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Grassplant Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 August 2024	576,050	35,833	611,883
Additions	430,517	97,146	527,663
Disposals	(105,220 )	-	(105,220 )

As at 31 July 2025	901,347	132,979	1,034,326

Depreciation
As at 1 August 2024	204,238	11,741	215,979
Provided during the period	193,742	27,434	221,176
Disposals	(77,862 )	11,500	(66,362 )

As at 31 July 2025	320,118	50,675	370,793

Net Book Value
As at 31 July 2025	581,229	82,304	663,533

As at 1 August 2024	371,812	24,092	395,904

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 August 2024	100,500

As at 31 July 2025	100,500

Provision
As at 1 August 2024	-

As at 31 July 2025	-

Net Book Value
As at 31 July 2025	100,500

As at 1 August 2024	100,500

Other Investments - Wholly Owned Subsidiary

Martin Guy Developments Ltd

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Grassplant Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	739	6,504
Prepayments and accrued income	48,261	7,853
Other debtors	40,342	9,970
Staff loans	200	500

	89,542	24,827
Due after more than one year
Amounts owed by subsidiaries	78,645	67,445

	168,187	92,272

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	97,601	-
Trade creditors	148,262	55,815
Bank loans and overdrafts	9,522	-
Corporation tax	50,543	56,809
Other taxes and social security	21,240	-
VAT	38,371	116,092
Accruals and deferred income	6,500	102,182
Director's loan account	3,764	-

	375,803	330,898

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	377,043	118,067
Bank loans	-	19,167

	377,043	137,234

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	97,601	-
Later than one year and not later than five years	377,043	118,067

	474,644	118,067

	474,644	118,067

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Grassplant Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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