REGISTERED NUMBER: 01431877 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

GRENCO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D W Lott

Mrs E A Lott

Mrs R J Fearnley

J E Lott

SECRETARY:

Mrs E A Lott

REGISTERED OFFICE:

The Old Stables

Annery

Monkleigh

BIDEFORD

Devon

EX39 5JN

REGISTERED NUMBER:

01431877 (England and Wales)

ACCOUNTANTS:

Streets Stevens & Willey

Chartered Accountants

Grenville House

9 Boutport Street

Barnstaple

Devon

EX31 1TZ

FIXED ASSETS

Tangible assets

4

23,156

43,816

CURRENT ASSETS

Stocks

372,078

1,068,521

Debtors

5

-

52,533

Cash at bank and in hand

252,296

201,489

624,374

1,322,543

CREDITORS

Amounts falling due within one year

6

46,284

72,471

NET CURRENT ASSETS

578,090

1,250,072

TOTAL ASSETS LESS CURRENT LIABILITIES

601,246

1,293,888

CREDITORS

Amounts falling due after more than one year

7

(22,491

)

(184,017

)

PROVISIONS FOR LIABILITIES

(11,153

)

(11,153

)

NET ASSETS

567,602

1,098,718

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

567,600

1,098,716

SHAREHOLDERS' FUNDS

567,602

1,098,718

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 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 13 October 2026 and were signed on its behalf by:

D W Lott - Director

Mrs E A Lott - Director

Mrs R J Fearnley - Director

J E Lott - Director

1.	STATUTORY INFORMATION

Grenco 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.

Plant and machinery etc

-

25% on reducing balance

STOCKS

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 5 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

315,549

DEPRECIATION

At 1 April 2025

271,733

Charge for year

20,660

At 31 March 2026

292,393

NET BOOK VALUE

At 31 March 2026

23,156

At 31 March 2025

43,816

5.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

-

6,081

Other debtors

-

26,322

-

32,403

Amounts falling due after more than one year:

Other debtors

-

20,130

Aggregate amounts

-

52,533

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

7,172

14,433

Trade creditors

27,324

32,305

Taxation and social security

4,479

3,641

Other creditors

7,309

22,092

46,284

72,471

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

22,491

28,449

Other creditors

-

155,568

22,491

184,017

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans over five years

22,491

28,449