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Company Registration No. 06774291 (England and Wales)
Grants Blinds Limited Unaudited accounts for the year ended 31 December 2025
Grants Blinds Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Grants Blinds Limited Company Information for the year ended 31 December 2025
Directors
G Guest A Guest
Company Number
06774291 (England and Wales)
Registered Office
Unit 2 Teardrop Industrial Centre Swanley Kent BR8 8TS England
Accountants
Weald Accounting Limited 87 Redwing Road Clanfield Waterlooville Hampshire PO8 0LX
- 3 -
Grants Blinds Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
8,266
7,838
Tangible assets
5
212,169
40,136
220,435
47,974
Current assets
Inventories
438,263
384,975
Debtors
6
263,819
272,394
Cash at bank and in hand
1,075,033
1,203,991
1,777,115
1,861,360
Creditors: amounts falling due within one year
7
(1,750,925)
(1,514,283)
Net current assets
26,190
347,077
Total assets less current liabilities
246,625
395,051
Creditors: amounts falling due after more than one year
8
-
(22,167)
Net assets
246,625
372,884
Capital and reserves
Called up share capital
9
4
4
Profit and loss account
246,621
372,880
Shareholders' funds
246,625
372,884
For the year ending 31 December 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by
G Guest Director Company Registration No. 06774291
- 4 -
Grants Blinds Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Grants Blinds Limited is a private company, limited by shares, registered in England and Wales, registration number 06774291. The registered office is Unit 2, Teardrop Industrial Centre, Swanley, Kent, BR8 8TS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25% straight line
Plant & machinery
25% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
Grants Blinds Limited Notes to the Accounts for the year ended 31 December 2025
4
Intangible fixed assets
Goodwill
Other
Total
£
£
£
Cost
At 1 January 2025
22,061
7,838
29,899
Additions
-
428
428
At 31 December 2025
22,061
8,266
30,327
Amortisation
At 1 January 2025
22,061
-
22,061
At 31 December 2025
22,061
-
22,061
Net book value
At 31 December 2025
-
8,266
8,266
At 31 December 2024
-
7,838
7,838
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2025
103,096
23,400
-
46,503
172,999
Additions
-
162,758
10,800
30,173
203,731
At 31 December 2025
103,096
186,158
10,800
76,676
376,730
Depreciation
At 1 January 2025
90,325
18,384
-
24,154
132,863
Charge for the year
10,364
3,370
2,160
15,804
31,698
At 31 December 2025
100,689
21,754
2,160
39,958
164,561
Net book value
At 31 December 2025
2,407
164,404
8,640
36,718
212,169
At 31 December 2024
12,771
5,016
-
22,349
40,136
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
64,319
162,200
Accrued income and prepayments
191,191
99,244
Other debtors
8,309
10,950
263,819
272,394
- 6 -
Grants Blinds Limited Notes to the Accounts for the year ended 31 December 2025
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
22,166
38,000
VAT
29,691
62,187
Trade creditors
83,266
145,185
Taxes and social security
9,720
106,975
Other creditors
1,620
1,446
Loans from directors
1,050
1,050
Accruals
1,603,412
1,159,440
1,750,925
1,514,283
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
22,167
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
10
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
G Guest
Directors
(1,050)
-
-
(1,050)
(1,050)
-
-
(1,050)
11
Transactions with related parties
Paid to GBIAB for Director services £197,470 (2024: £88,897)
12
Controlling party
The Company is a wholly owned subsidiary of Grants Blinds International AB, a Company incorporated in Sweden.
13
Average number of employees
During the year the average number of employees was 10 (2024: 8).
- 7 -