Company No: 00342472 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	1,300,716		1,298,590
		1,300,716		1,298,590
Current assets
Debtors	4	81,104		92,884
Cash at bank and in hand	5	75,079		268,747
		156,183		361,631
Creditors: amounts falling due within one year	6	( 101,668)		( 261,942)
Net current assets		54,515		99,689
Total assets less current liabilities		1,355,231		1,398,279
Net assets		1,355,231		1,398,279
Capital and reserves
Called-up share capital	7	15,160		15,160
Profit and loss account		1,340,071		1,383,119
Total shareholders' funds		1,355,231		1,398,279

For the financial year ending 31 August 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Grant Investment Trust Limited (registered number: 00342472) were approved and authorised for issue by the Board of Directors on 22 September 2026. They were signed on its behalf by:

Marcia Lanyon Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Grant Investment Trust Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 12 Hilfield Park, Hilfield Lane Aldenham, Watford, WD25 8DB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Taxation

Current tax
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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Investment property	not depreciated
Plant and machinery	5 years straight line
Vehicles	5 years straight line
Fixtures and fittings	5 years straight line
Computer equipment	5 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		5

3. Tangible assets

	Investment property		Plant and machinery		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£		£
Cost
At 01 September 2024	1,282,032		13,793		8,390		88,255		6,148		1,398,618
Additions	5,542		814		0		6,692		0		13,048
At 31 August 2025	1,287,574		14,607		8,390		94,947		6,148		1,411,666
Accumulated depreciation
At 01 September 2024	0		11,744		8,389		74,024		5,871		100,028
Charge for the financial year	0		1,146		0		9,574		202		10,922
At 31 August 2025	0		12,890		8,389		83,598		6,073		110,950
Net book value
At 31 August 2025	1,287,574		1,717		1		11,349		75		1,300,716
At 31 August 2024	1,282,032		2,049		1		14,231		277		1,298,590

4. Debtors

	2025		2024
	£		£
Trade debtors	46,378		35,111
Other taxation and social security	19,994		0
Other debtors	14,732		57,773
	81,104		92,884

5. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	75,079		268,747

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Taxation and social security	499		78,620
Other creditors	101,169		183,322
	101,668		261,942

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
15,160 Ordinary shares of £ 1.00 each	15,160		15,160