REGISTERED NUMBER: 02180535 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

G & R SPARES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Valentino

A S Valentino

SECRETARY:

R A Valentino

REGISTERED OFFICE:

6 Green Lane Business Park

238 Green Lane

New Eltham

London

SE9 3TL

REGISTERED NUMBER:

02180535 (England and Wales)

ACCOUNTANTS:

Andrew Cross & Co.

Chartered Certified Accountants

6 Green Lane Business Park

238 Green Lane

New Eltham

London

SE9 3TL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

189,915

196,285

189,915

196,285

CURRENT ASSETS

Stocks

347,703

310,327

Debtors

6

398,092

453,469

Cash at bank and in hand

224,058

305,355

969,853

1,069,151

CREDITORS

Amounts falling due within one year

7

68,011

68,891

NET CURRENT ASSETS

901,842

1,000,260

TOTAL ASSETS LESS CURRENT LIABILITIES

1,091,757

1,196,545

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,091,657

1,196,445

SHAREHOLDERS' FUNDS

1,091,757

1,196,545

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 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 24 August 2026 and were signed on its behalf by:

R A Valentino - Director

A S Valentino - Director

1.	STATUTORY INFORMATION

G & R Spares 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.

Land and buildings

-

in accordance with the property years

Plant and machinery etc

-

25% on reducing balance

Stocks

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

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 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

176,783

AMORTISATION

At 1 December 2024

and 30 November 2025

176,783

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 December 2024

256,269

116,011

372,280

Additions

-

3,247

3,247

At 30 November 2025

256,269

119,258

375,527

DEPRECIATION

At 1 December 2024

76,881

99,114

175,995

Charge for year

5,125

4,492

9,617

At 30 November 2025

82,006

103,606

185,612

NET BOOK VALUE

At 30 November 2025

174,263

15,652

189,915

At 30 November 2024

179,388

16,897

196,285

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

23,760

15,391

Other debtors

374,332

438,078

398,092

453,469

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

35,767

16,058

Taxation and social security

19,411

25,949

Other creditors

12,833

26,884

68,011

68,891

8.	ULTIMATE CONTROLLING PARTY

The controlling party is G and R Group Ltd, company number0128589 in England and Wales..