GRAYER SERVICES LIMITED

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

Registered number: 04367346

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		8,335		8,983

			8,335		8,983
CURRENT ASSETS
Debtors	5	27,105		20,962
Cash at bank and in hand		182,790		211,032

		209,895		231,994
Creditors: Amounts Falling Due Within One Year	6	(21,183 )		(42,048 )

NET CURRENT ASSETS (LIABILITIES)			188,712		189,946

TOTAL ASSETS LESS CURRENT LIABILITIES			197,047		198,929

PROVISIONS FOR LIABILITIES
Deferred Taxation	7		(264 )		(264 )

NET ASSETS			196,783		198,665

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			196,781		198,663

SHAREHOLDERS' FUNDS			196,783		198,665

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GRAYER SERVICES LIMITED

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have 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 T GRAYER

Director

28/11/2025

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

1. General Information

GRAYER SERVICES LIMITED Registered number 04367346 is a limited by shares company incorporated in England & Wales. The Registered Office is 23 EASTERN AVENUE, SHOREHAM BY SEA, BN43 6PD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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	10% straight line on cost
Motor Vehicles	25% straight line on cost

2.4. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.6. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees during the year, including directors, during the year was as follows:

	2025	2024
Office and administration	1	1
Manufacturing	1	1

	2	2

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GRAYER SERVICES LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 29 February 2024	46,365	73,558	119,923
Additions	2,151	-	2,151

As at 28 February 2025	48,516	73,558	122,074

Depreciation
As at 29 February 2024	41,687	69,253	110,940
Provided during the period	1,364	1,435	2,799

As at 28 February 2025	43,051	70,688	113,739

Net Book Value
As at 28 February 2025	5,465	2,870	8,335

As at 29 February 2024	4,678	4,305	8,983

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	13,855	20,962
Other debtors	13,250	-

	27,105	20,962

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	10,893	17,476
Corporation tax	1,045	13,806
Other taxes and social security	1,425	1,080
VAT	1,380	3,246
Other creditors	4,800	4,800
Director's loan account	1,640	1,640

	21,183	42,048

7. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Accelerated capital allowances	440	440
Other timing differences	(176)	(176)

	264	264

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GRAYER SERVICES LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

9. Pension Commitments

The company operates a defined contribution pension scheme for T A Grayer. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of nil (2016 nil) were due to the fund. They are included in Other Creditors.

10. Directors Advances, Credits and Guarantees

Dividends paid to directors

11. Controlling Party

The company's controlling party is Mr T Grayer by virtue of his ownership of 100 % of the issued share capital in the company.

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