REGISTERED NUMBER: 08967069 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

GRP SAFETY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Cousin

REGISTERED OFFICE:

Unit 2 Harradines Estate

Short Drove

Earith

Cambridgeshire

PE28 3QT

REGISTERED NUMBER:

08967069 (England and Wales)

ACCOUNTANTS:

Streets Hackett Griffey LLP

Accountants & Business Advisers

31 High Street

Haverhill

Suffolk

CB9 8AD

FIXED ASSETS

Tangible assets

4

91,456

102,126

CURRENT ASSETS

Stocks

775,168

810,991

Debtors

5

872,327

939,934

Cash at bank and in hand

684,779

890,528

2,332,274

2,641,453

CREDITORS

Amounts falling due within one year

6

366,975

374,883

NET CURRENT ASSETS

1,965,299

2,266,570

TOTAL ASSETS LESS CURRENT LIABILITIES

2,056,755

2,368,696

PROVISIONS FOR LIABILITIES

22,864

25,532

NET ASSETS

2,033,891

2,343,164

CAPITAL AND RESERVES

Called up share capital

60

70

Capital redemption reserve

10

-

Retained earnings

2,033,821

2,343,094

2,033,891

2,343,164

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 21 September 2026 and were signed by:

S Cousin - Director

1.	STATUTORY INFORMATION

GRP Safety Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 the amount derived from ordinary activities, stated after trade discounts, other sales taxes and net of VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

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 15 (2025 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2025

17,494

56,569

33,833

146,492

254,388

Additions

-

4,000

-

16,490

20,490

Disposals

(17,494

)

(13,329

)

(8,531

)

-

(39,354

)

At 31 March 2026

-

47,240

25,302

162,982

235,524

DEPRECIATION

At 1 April 2025

17,494

45,700

26,811

62,257

152,262

Charge for year

-

4,679

1,705

24,492

30,876

Eliminated on disposal

(17,494

)

(13,246

)

(8,330

)

-

(39,070

)

At 31 March 2026

-

37,133

20,186

86,749

144,068

NET BOOK VALUE

At 31 March 2026

-

10,107

5,116

76,233

91,456

At 31 March 2025

-

10,869

7,022

84,235

102,126

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

536,261

860,891

Other debtors

336,066

79,043

872,327

939,934

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

304,116

237,520

Taxation and social security

37,916

114,158

Other creditors

24,943

23,205

366,975

374,883

7.	OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £59,250 (2025: £2,167).

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

S Cousin

Balance outstanding at start of year

36,037

65,679

Amounts advanced

164,000

27,062

Amounts repaid

(136,037

)

(56,704

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

64,000

36,037

L O Backler

Balance outstanding at start of year

9,999

9,999

Amounts repaid

(9,999

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

9,999