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Registration number: 05365156

Gray Plumbing & Interiors Limited
Unaudited Filleted Financial Statements
for the Year Ended 28 February 2026

Gray Plumbing & Interiors Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Gray Plumbing & Interiors Limited

Company Information

Director | Mr D R Gray

Company secretary | Mrs J O Gray

Registered office | Fawley House 2 Regatta Place Marlow Road Bourne Road Buckinghamshire SL8 5TD

Accountants | Sterling Grove Accountants Limited Chartered Certified AccountantsFawley House 2 Regatta Place Marlow Road Bourne End Bucks SL8 5TD

Gray Plumbing & Interiors Limited

(Registration number: 05365156)
Balance Sheet as at 28 February 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 503 | -
Current assets |  |  |
Debtors | 5 | 7,573 | 12,890
Cash at bank and in hand |  | 3,378 | 3,147
|  | 10,951 | 16,037
Creditors: Amounts falling due within one year | 6 | (11,287) | (13,749)
Net current (liabilities)/assets |  | (336) | 2,288
Total assets less current liabilities |  | 167 | 2,288
Creditors: Amounts falling due after more than one year | 6 | - | (1,402)
Net assets |  | 167 | 886
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Retained earnings |  | 165 | 884
Shareholders' funds |  | 167 | 886

For the financial year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 August 2026

......................................... Mr D R Gray Director

Gray Plumbing & Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Fawley House 2 Regatta Place
Marlow Road
Bourne Road
Buckinghamshire
SL8 5TD
United Kingdom

The principal place of business is:
25 Woodrise
Pinner
Middlesex
HA5 2JE

These financial statements were authorised for issue by the director on 18 August 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company. The Company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Gray Plumbing & Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures, fittings and equipment | 25% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Gray Plumbing & Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2025 - 2).

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
Additions | 525 | 525
At 28 February 2026 | 525 | 525
Depreciation
Charge for the year | 22 | 22
At 28 February 2026 | 22 | 22
Carrying amount
At 28 February 2026 | 503 | 503

5 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | 1,420 | -
Other debtors | 6,153 | 12,890
| 7,573 | 12,890

Gray Plumbing & Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2026 £ | 2025 £
Due within one year |  |  |
Loans and borrowings | 7 | 1,400 | 5,599
Trade creditors |  | 4,293 | 3,724
Taxation and social security |  | 394 | 190
Corporation Tax |  | 3,450 | 2,486
Accruals and deferred income |  | 1,750 | 1,750
|  | 11,287 | 13,749

Creditors: amounts falling due after more than one year

| Note | 2026 £ | 2025 £
Due after one year |  |  |
Loans and borrowings | 7 | - | 1,402

7 | Loans and borrowings

Non-current loans and borrowings

| 2026 £ | 2025 £
Bank borrowings | - | 1,402

Current loans and borrowings

| 2026 £ | 2025 £
Bank borrowings | 1,400 | 5,599

Gray Plumbing & Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

8 | Related party transactions

Transactions with the director

2026 | At 1 March 2025 £ | Advances to director £ | Repayments by director £ | At 28 February 2026 £
Mr D R Gray
Amounts advanced to the director | 8,209 | 16,933 | (21,040) | 4,102

2025 | At 1 March 2024 £ | Advances to director £ | Repayments by director £ | At 28 February 2025 £
Mr D R Gray
Amounts advanced to the director | 15,822 | 9,427 | (17,040) | 8,209

Other transactions with the director

The loan to the director is iterest free and has no fixed repayment terms.