IRIS Accounts Production v24.1.0.578 04901489 director 1.11.22 31.10.23 31.10.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh049014892022-10-31049014892023-10-31049014892022-11-012023-10-31049014892021-10-31049014892021-11-012022-10-31049014892022-10-3104901489ns15:EnglandWales2022-11-012023-10-3104901489ns14:PoundSterling2022-11-012023-10-3104901489ns10:Director12022-11-012023-10-3104901489ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3104901489ns10:SmallEntities2022-11-012023-10-3104901489ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3104901489ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3104901489ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3104901489ns10:FullAccounts2022-11-012023-10-310490148912022-11-012023-10-3104901489ns10:CompanySecretary12022-11-012023-10-3104901489ns10:RegisteredOffice2022-11-012023-10-3104901489ns5:CurrentFinancialInstruments2023-10-3104901489ns5:CurrentFinancialInstruments2022-10-3104901489ns5:Non-currentFinancialInstruments2023-10-3104901489ns5:Non-currentFinancialInstruments2022-10-3104901489ns5:ShareCapital2023-10-3104901489ns5:ShareCapital2022-10-3104901489ns5:RetainedEarningsAccumulatedLosses2023-10-3104901489ns5:RetainedEarningsAccumulatedLosses2022-10-3104901489ns5:NetGoodwill2022-11-012023-10-3104901489ns5:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3104901489ns5:LongLeaseholdAssetsns5:LandBuildings2022-11-012023-10-3104901489ns5:FurnitureFittings2022-11-012023-10-3104901489ns5:ComputerEquipment2022-11-012023-10-3104901489ns5:NetGoodwill2022-10-3104901489ns5:NetGoodwill2023-10-3104901489ns5:NetGoodwill2022-10-3104901489ns5:LongLeaseholdAssetsns5:LandBuildings2022-10-3104901489ns5:FurnitureFittings2022-10-3104901489ns5:ComputerEquipment2022-10-3104901489ns5:LongLeaseholdAssetsns5:LandBuildings2023-10-3104901489ns5:FurnitureFittings2023-10-3104901489ns5:ComputerEquipment2023-10-3104901489ns5:LongLeaseholdAssetsns5:LandBuildings2022-10-3104901489ns5:FurnitureFittings2022-10-3104901489ns5:ComputerEquipment2022-10-3104901489ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3104901489ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3104901489ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-10-3104901489ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-10-3104901489ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-10-3104901489ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-10-3104901489ns5:WithinOneYear2023-10-3104901489ns5:WithinOneYear2022-10-3104901489ns5:BetweenOneFiveYears2023-10-3104901489ns5:BetweenOneFiveYears2022-10-3104901489ns5:AllPeriods2023-10-3104901489ns5:AllPeriods2022-10-31
REGISTERED NUMBER: 04901489 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

GANT & WINTERS LIMITED

GANT & WINTERS LIMITED (REGISTERED NUMBER: 04901489)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GANT & WINTERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: Mrs S J Winters





SECRETARY: Mrs J A Gant





REGISTERED OFFICE: 27 Greendale Road
Nuneaton
CV11 6RH





REGISTERED NUMBER: 04901489 (England and Wales)





ACCOUNTANTS: Walker Thompson Ltd
Accountants and Registered Auditors
Empress House
43A Binley Road
Coventry
CV3 1HU

GANT & WINTERS LIMITED (REGISTERED NUMBER: 04901489)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 250
Tangible assets 5 7,339 10,212
7,339 10,462

CURRENT ASSETS
Stocks 3,767 2,836
Debtors 6 29,743 31,698
Cash at bank 3,824 -
37,334 34,534
CREDITORS
Amounts falling due within one year 7 41,436 39,165
NET CURRENT LIABILITIES (4,102 ) (4,631 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,237

5,831

CREDITORS
Amounts falling due after more than one
year

8

14,935

29,749
NET LIABILITIES (11,698 ) (23,918 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (11,700 ) (23,920 )
SHAREHOLDERS' FUNDS (11,698 ) (23,918 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

GANT & WINTERS LIMITED (REGISTERED NUMBER: 04901489)

BALANCE SHEET - continued
31 OCTOBER 2023


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 director and authorised for issue on 26 March 2024 and were signed by:





Mrs S J Winters - Director


GANT & WINTERS LIMITED (REGISTERED NUMBER: 04901489)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Gant & Winters 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net sales of services and goods, excluding value added tax, and is recognised at the time of sale.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 10% on cost
Fixtures and fittings - 20% on reducing balance
Computer Equipment - 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 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.


GANT & WINTERS LIMITED (REGISTERED NUMBER: 04901489)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued
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.

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 11 (2022 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 5,000
AMORTISATION
At 1 November 2022 4,750
Amortisation for year 250
At 31 October 2023 5,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 250

GANT & WINTERS LIMITED (REGISTERED NUMBER: 04901489)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Long and Computer
leasehold fittings Equipment Totals
£    £    £    £   
COST
At 1 November 2022
and 31 October 2023 11,852 48,921 2,224 62,997
DEPRECIATION
At 1 November 2022 9,777 42,006 1,002 52,785
Charge for year 1,185 1,383 305 2,873
At 31 October 2023 10,962 43,389 1,307 55,658
NET BOOK VALUE
At 31 October 2023 890 5,532 917 7,339
At 31 October 2022 2,075 6,915 1,222 10,212

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Associated company 25,633 27,433
Prepayments 4,110 4,265
29,743 31,698

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,079 9,638
Other loans 6,734 6,477
Trade creditors 4,691 -
Social security and other taxes 2,763 1,466
VAT 12,031 10,925
Other creditors 1,315 2,165
Net wages - 2,943
Pensions 637 540
Directors' loan 2,186 2,011
Accrued expenses 3,000 3,000
41,436 39,165

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 8,283 8,079
Bank loans - 2-5 years 4,928 13,212
Other loans - 1-2 years 1,724 6,734
Other loans - 2-5 years - 1,724
14,935 29,749

GANT & WINTERS LIMITED (REGISTERED NUMBER: 04901489)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 12,600 16,800
Between one and five years - 12,600
12,600 29,400