REGISTERED NUMBER: 09994306 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Grey Man Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W R Millard

I P Rogers

S Seabourne

REGISTERED OFFICE:

Unit 8a Eastpark Trading Estate

Gordon Road

Bristol

BS5 7DR

REGISTERED NUMBER:

09994306 (England and Wales)

ACCOUNTANTS:

Obsidian Accountancy Limited

Suite 9 Corum Two

Corum Office Park

Crown Way

Warmley

Bristol

BS30 8FJ

FIXED ASSETS

Tangible assets

4

78,322

26,381

Investments

5

190

190

78,512

26,571

CURRENT ASSETS

Stocks

-

8,128

Debtors

6

603,906

646,987

Cash at bank and in hand

240,803

345,151

844,709

1,000,266

CREDITORS

Amounts falling due within one year

7

392,976

431,201

NET CURRENT ASSETS

451,733

569,065

TOTAL ASSETS LESS CURRENT LIABILITIES

530,245

595,636

CAPITAL AND RESERVES

Called up share capital

9

192

202

Capital redemption reserve

10

-

Retained earnings

530,043

595,434

SHAREHOLDERS' FUNDS

530,245

595,636

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2026 and were signed on its behalf by:

W R Millard - Director

1.	STATUTORY INFORMATION

Grey Man Engineering Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2025 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2025

44,934

Additions

72,300

At 28 February 2026

117,234

DEPRECIATION

At 1 March 2025

18,553

Charge for year

20,359

At 28 February 2026

38,912

NET BOOK VALUE

At 28 February 2026

78,322

At 28 February 2025

26,381

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakin

£

COST

At 1 March 2025

and 28 February 2026

190

NET BOOK VALUE

At 28 February 2026

190

At 28 February 2025

190

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

480,512

450,507

Other debtors

123,394

196,480

603,906

646,987

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade creditors

229,666

238,659

Taxation and social security

124,553

163,133

Other creditors

38,757

29,409

392,976

431,201

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

28.2.26

28.2.25

£

£

Between one and five years

100,181

92,330

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

£

100

Ordinary

£1

192

202

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2026 and 28 February 2025:

28.2.26

28.2.25

£

£

W R Millard

Balance outstanding at start of year

36,290

31,127

Amounts advanced

-

37,163

Amounts repaid

(38,950

)

(32,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,660

)

36,290

I P Rogers

Balance outstanding at start of year

36,137

31,201

Amounts advanced

-

36,936

Amounts repaid

(42,654

)

(32,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(6,517

)

36,137

Interest in the year of £nil (2025 £545) was charged on the above balances.