Registration number: 05031455

K & C Grant (Smallbrook) Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

K & C Grant (Smallbrook) Limited

(Registration number: 05031455)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	13,042	9,036
Current assets
Stocks	5	2,000	2,000
Debtors	6	3,912	6,703
Cash at bank and in hand		36,074	41,027
		41,986	49,730
Creditors: Amounts falling due within one year	7	(28,658)	(35,608)
Net current assets		13,328	14,122
Total assets less current liabilities		26,370	23,158
Creditors: Amounts falling due after more than one year	7	(7,048)	(10,946)
Provisions for liabilities		(1,429)	(2,259)
Net assets		17,893	9,953
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		16,893	8,953
Shareholders' funds		17,893	9,953

K & C Grant (Smallbrook) Limited

(Registration number: 05031455)
Balance Sheet as at 31 March 2025

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

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 13 November 2025
 

......................................... Mr C Grant Director

K & C Grant (Smallbrook) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Smallbrook Lane
Leigh
Lancashire
WN7 5PZ
United Kingdom

These financial statements were authorised for issue by the director on 13 November 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

K & C Grant (Smallbrook) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% straight line
Motor vehicles	25% reducing balance
Land and buildings	2% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

K & C Grant (Smallbrook) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 7 (2024 - 7).

K & C Grant (Smallbrook) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Land and buildings £	Motor vehicles  £	Plant and Machinery £	Total £
Cost or valuation
At 1 April 2024	8,975	11,155	45,852	65,982
Additions	-	-	6,068	6,068
At 31 March 2025	8,975	11,155	51,920	72,050
Depreciation
At 1 April 2024	4,655	7,112	45,179	56,946
Charge for the year	96	1,011	955	2,062
At 31 March 2025	4,751	8,123	46,134	59,008
Carrying amount
At 31 March 2025	4,224	3,032	5,786	13,042
At 31 March 2024	4,320	4,043	673	9,036

5

Stocks

	2025 £	2024 £
Finished goods and goods for resale	2,000	2,000

6

Debtors

Current	2025 £	2024 £
Trade debtors	3,503	6,239
Prepayments	409	464
	3,912	6,703

K & C Grant (Smallbrook) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	5,000	4,999
Trade creditors		8,492	13,405
Taxation and social security		12,840	14,010
Accruals and deferred income		1,550	1,350
Other creditors		776	1,844
		28,658	35,608

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	7,048	10,946

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	7,048	10,946

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	5,000	4,999