Greystead (NW) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10954879 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Greystead (NW) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTOR:

S Martin

REGISTERED OFFICE:

30 Dane Avenue

Barrow-in-Furness

Cumbria

LA14 4JS

REGISTERED NUMBER:

10954879 (England and Wales)

ACCOUNTANTS:

R F Miller & Co Ltd

Doubletree Court

10a Cavendish Street

Ulverston

Cumbria

LA12 7AD

FIXED ASSETS

Tangible assets

4

3,720

4,650

CURRENT ASSETS

Stocks

766,583

797,598

Debtors

5

335,418

352,082

Cash at bank

10,902

6,387

1,112,903

1,156,067

CREDITORS

Amounts falling due within one year

6

191,571

195,150

NET CURRENT ASSETS

921,332

960,917

TOTAL ASSETS LESS CURRENT
LIABILITIES

925,052

965,567

CREDITORS

Amounts falling due after more than one
year

7

126,600

193,418

NET ASSETS

798,452

772,149

CAPITAL AND RESERVES

Called up share capital

8

93

Retained earnings

9

798,359

772,056

SHAREHOLDERS' FUNDS

798,452

772,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 13 August 2026 and were signed by:

S Martin - Director

1.	STATUTORY INFORMATION

Greystead (NW) 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 5 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2025

and 31 March 2026

13,204

DEPRECIATION

At 1 April 2025

8,554

Charge for year

930

At 31 March 2026

9,484

NET BOOK VALUE

At 31 March 2026

3,720

At 31 March 2025

4,650

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

-

21,258

Intercompany debtor

333,780

327,280

VAT

-

3,544

Prepayments

1,638

-

335,418

352,082

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

6,677

10,352

Other loans

26,011

15,708

Hire purchase contracts

60,600

Trade creditors

240

-

Amounts owed to group undertakings

75,000

30,000

Tax

6,388

34,547

Social security and other taxes

815

614

VAT

456

-

Other creditors

-

402

Pension contol account

114

160

Directors' current accounts

13,952

41,468

Accrued expenses

1,318

1,299

191,571

195,150

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.26

31.3.25

£

Bank loans - 1-2 years

-

6,218

Hire purchase contracts

126,600

187,200

126,600

193,418

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

80

Ordinary A

£1

80

10

Ordinary B

£1

10

1

Ordinary C

£1

1

Ordinary D

£1

1

Ordinary E

£1

1

93

9.

RESERVES

Retained

earnings

£

At 1 April 2025

772,056

Profit for the year

26,303

At 31 March 2026

798,359

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within creditors due within one year is an amount owed to the director of £13,952 (2025 - £41,468).

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.

You have acknowledged on the balance sheet as at 31 March 2026 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

R F Miller & Co Ltd

Doubletree Court

10a Cavendish Street

Ulverston

Cumbria

LA12 7AD

Date: .............................................