Graceland Fixing Limited

	Page
Company Information	1
Statement of Financial Position	2—3
Notes to the Financial Statements	4—6

Page 1

Page 2

Statement of Financial Position

As At 30 November 2025

Statement of Financial Position

Registered number: 02708078

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		33,712		27,622

			33,712		27,622
CURRENT ASSETS
Debtors	5	191,593		170,217
Cash at bank and in hand		57,842		79,473

		249,435		249,690
Creditors: Amounts Falling Due Within One Year	6	(138,167 )		(195,746 )

NET CURRENT ASSETS (LIABILITIES)			111,268		53,944

TOTAL ASSETS LESS CURRENT LIABILITIES			144,980		81,566

Creditors: Amounts Falling Due After More Than One Year	7		(11,682 )		(16,523 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(8,697 )		(5,248 )

NET ASSETS			124,601		59,795

CAPITAL AND RESERVES
Called up share capital	8		6,667		6,667
Capital redemption reserve			3,333		3,333
Income Statement			114,601		49,795

SHAREHOLDERS' FUNDS			124,601		59,795

Page 2

Page 3

Graceland Fixing Limited

Statement of Financial Position (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit 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 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 Income Statement.

On behalf of the board

Mr C J Massey

Director

19 March 2026

The notes on pages 4 to 6 form part of these financial statements.

Page 3

Page 4

Graceland Fixing Limited

Notes to the Financial Statements

For The Year Ended 30 November 2025

Notes to the Financial Statements

1. General Information

Graceland Fixing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02708078 . The registered office is Columbus House, Alington Road Eynesbury, Saint Neots, Cambridgeshire, PE19 6WL.

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% on reducing balance
Motor Vehicles	25% on cost

2.4. 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.

...CONTINUED

Page 4

Page 5

Graceland Fixing Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.4. Taxation - continued

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: 19 (2024: 18)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 December 2024	63,071	3,085	66,156
Additions	3,669	11,642	15,311

As at 30 November 2025	66,740	14,727	81,467

Depreciation
As at 1 December 2024	35,450	3,084	38,534
Provided during the period	7,523	1,698	9,221

As at 30 November 2025	42,973	4,782	47,755

Net Book Value
As at 30 November 2025	23,767	9,945	33,712

As at 1 December 2024	27,621	1	27,622

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	153,369	126,692
Other debtors	38,224	43,525

	191,593	170,217

Page 5

Page 6

Graceland Fixing Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	18,185	19,387
Bank loans and overdrafts	10,309	10,106
Other creditors	85,128	146,420
Taxation and social security	24,545	19,833

	138,167	195,746

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

	2025	2024
	£	£
Bank loans	11,682	16,523

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	6,667	6,667

9. Related Party Transactions

During the year, the company leased motor vehicles and plant and equipment from GVH Construction Ltd totalling £0 (2024 - £166,531). GVH Construction Services Limited is under the control of Mr P J Darrington.

At the year end the company owed GVH Construction Ltd £48,200 (2024 - £84,895) by way of an intercompany loan. No interest is charged on these balances which are repayable upon demand.

During the year, the company paid rent totalling £33,300 (2024 - £33,300) to a pension scheme in which Mr P J Darrington is the beneficiary.

Page 6

Director	Mr C J Massey

Company Number	02708078

Registered Office	Columbus House
	Alington Road Eynesbury
	Saint Neots
	Cambridgeshire
	PE19 6WL

Accountants	Davey Grover Ltd
	Chartered Accountants
	4 Fenice Court
	Phoenix Business Park
	St. Neots
	Cambridgeshire
	PE19 8EP