Graddon Property Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05418580 (England and Wales)

GRADDON PROPERTY SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R M Graddon

SECRETARY:

Mrs J K Graddon

REGISTERED OFFICE:

Beauchamp House

402-403 Stourport Road

Kidderminster

Worcestershire

DY11 7BG

REGISTERED NUMBER:

05418580 (England and Wales)

FIXED ASSETS

Tangible assets

4

72,114

70,791

CURRENT ASSETS

Debtors

5

435,337

281,367

Cash at bank

148,173

142,773

583,510

424,140

CREDITORS

Amounts falling due within one year

6

279,691

107,855

NET CURRENT ASSETS

303,819

316,285

TOTAL ASSETS LESS CURRENT
LIABILITIES

375,933

387,076

CREDITORS

Amounts falling due after more than one
year

7

-

(32,186

)

PROVISIONS FOR LIABILITIES

8

(18,029

)

(16,027

)

NET ASSETS

357,904

338,863

CAPITAL AND RESERVES

Called up share capital

9

2

Retained earnings

357,902

338,861

SHAREHOLDERS' FUNDS

357,904

338,863

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 14th August 2026 and were signed by:

R M Graddon - Director

1.	STATUTORY INFORMATION

Graddon Property Services 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1st May 2025

-

6,638

157,921

164,559

Additions

32,585

-

32,585

Disposals

-

(22,810

)

(22,810

)

At 30th April 2026

32,585

6,638

135,111

174,334

DEPRECIATION

At 1st May 2025

-

3,229

90,539

93,768

Charge for year

6,517

682

14,441

21,640

Eliminated on disposal

-

(13,188

)

(13,188

)

At 30th April 2026

6,517

3,911

91,792

102,220

NET BOOK VALUE

At 30th April 2026

26,068

2,727

43,319

72,114

At 30th April 2025

-

3,409

67,382

70,791

The net book value of tangible fixed assets includes £ 22,950 (2025 - £ 30,600 ) in respect of assets held under hire purchase contracts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

155,846

109,897

Amounts owed by group undertakings

277,991

125,727

Other debtors

1,500

45,743

435,337

281,367

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

834

10,000

Hire purchase contracts

31,352

9,196

Trade creditors

87,291

52,457

Tax

74,348

5,497

Social security and other taxes

5,430

7,946

VAT

17,065

20,402

Other creditors

37,421

1,432

Accrued expenses

25,950

925

279,691

107,855

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans

-

834

Hire purchase contracts

-

31,352

-

32,186

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

Deferred tax

18,029

16,027

Deferred tax

£

Balance at 1st May 2025

16,027

Provided during year

2,002

Balance at 30th April 2026

18,029

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

2

Ordinary

£1

2

10.	RELATED PARTY DISCLOSURES

During the year dividends of £200,000 (2025 £20,000) were paid to VDL Holdings Limited the holding company of Graddon Property Services Limited.

Management charges of £73,000 (2025 £48,000) were paid to VDL Holdings Limited.

At 30th April 2026 £277,991 (2025 £125,727) was owed by VDL Holdings Limited.