Grace Site Engineering Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08160600

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		38,186		48,260

			38,186		48,260
CURRENT ASSETS
Stocks	5	108,618		137,881
Debtors	6	158		90
Cash at bank and in hand		70,279		64,637

		179,055		202,608
Creditors: Amounts Falling Due Within One Year	7	(99,620 )		(118,679 )

NET CURRENT ASSETS (LIABILITIES)			79,435		83,929

TOTAL ASSETS LESS CURRENT LIABILITIES			117,621		132,189

PROVISIONS FOR LIABILITIES
Deferred Taxation	8		(9,266 )		(11,729 )

NET ASSETS			108,355		120,460

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			108,255		120,360

SHAREHOLDERS' FUNDS			108,355		120,460

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Grace Site Engineering Ltd

Balance Sheet (continued)

As At 31 July 2026

For the year ending 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S Grace

Director

26 October 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Grace Site Engineering Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08160600 . The registered office is Beeston Tor Farm, Grindon, Leek, Staffordshire, ST13 7TX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing Balance & 10% Straight Line
Motor Vehicles	25% Reducing Balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

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Grace Site Engineering Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 August 2025	32,633	35,348	67,981
Additions	1,579	-	1,579

As at 31 July 2026	34,212	35,348	69,560

Depreciation
As at 1 August 2025	10,509	9,212	19,721
Provided during the period	5,120	6,533	11,653

As at 31 July 2026	15,629	15,745	31,374

Net Book Value
As at 31 July 2026	18,583	19,603	38,186

As at 1 August 2025	22,124	26,136	48,260

5. Stocks

	2026	2025
	£	£
Stock	108,618	137,881

6. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	-	90
Other debtors	158	-

	158	90

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Corporation tax	8,911	15,523
VAT	14,202	2,678
Credit Card	494	178
Accruals and deferred income	-	1,000
Director's loan account	76,013	99,300

	99,620	118,679

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Grace Site Engineering Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

8. Deferred Taxation

The provision for deferred tax is made up as follows:

	2026	2025
	£	£
Other timing differences	9,266	11,729

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

10. Ultimate Controlling Party

The company's ultimate controlling party is Mr S Grace by virtue of his majority ownership of the issued share capital in the company.

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