REGISTERED NUMBER: 13843999 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

GRC Solar Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

N Thomas

A Fredson

REGISTERED OFFICE:

61 Stanley Road

Bootle

Merseyside

L20 7BZ

REGISTERED NUMBER:

13843999 (England and Wales)

ACCOUNTANTS:

Kinsella Clarke Limited

61 Stanley Road

Bootle

Merseyside

L20 7BZ

FIXED ASSETS

Tangible assets

4

29,846

35,173

CURRENT ASSETS

Stocks

104,000

65,000

Debtors

5

106,880

162,266

Cash at bank and in hand

-

49,714

210,880

276,980

CREDITORS

Amounts falling due within one year

6

196,258

213,551

NET CURRENT ASSETS

14,622

63,429

TOTAL ASSETS LESS CURRENT LIABILITIES

44,468

98,602

PROVISIONS FOR LIABILITIES

5,671

6,683

NET ASSETS

38,797

91,919

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

38,697

91,819

SHAREHOLDERS' FUNDS

38,797

91,919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2026 and were signed on its behalf by:

A Fredson - Director

1.	STATUTORY INFORMATION

GRC Solar 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.

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

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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 10 (2025 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

40,176

Additions

21,863

Disposals

(19,833

)

At 31 January 2026

42,206

DEPRECIATION

At 1 February 2025

5,003

Charge for year

7,357

At 31 January 2026

12,360

NET BOOK VALUE

At 31 January 2026

29,846

At 31 January 2025

35,173

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Other debtors

106,880

162,266

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

25,422

29,830

Trade creditors

76,560

130,840

Taxation and social security

83,668

46,069

Other creditors

10,608

6,812

196,258

213,551

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.1.26

31.1.25

£

£

B Fredson and A Fredson

Balance outstanding at start of year

-

(44

)

Amounts advanced

79,267

-

Amounts repaid

(80,941

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,674

)

-

N Thomas

Balance outstanding at start of year

-

-

Amounts advanced

82,461

-

Amounts repaid

(84,135

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,674

)

-