GILDERS (NORTHAMPTON) LIMITED

Company Registration Number:
00853902 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

GILDERS (NORTHAMPTON) LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

GILDERS (NORTHAMPTON) LIMITED

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 610,637 622,711
Total fixed assets: 610,637 622,711
Current assets
Stocks: 281,949 279,801
Debtors: 4 950 4,216
Cash at bank and in hand: 22,041 49,787
Total current assets: 304,940 333,804
Creditors: amounts falling due within one year: 5 (134,050) (125,931)
Net current assets (liabilities): 170,890 207,873
Total assets less current liabilities: 781,527 830,584
Creditors: amounts falling due after more than one year: 6 (48,032) (68,567)
Total net assets (liabilities): 733,495 762,017
Capital and reserves
Called up share capital: 300 300
Revaluation reserve:7561,288561,288
Profit and loss account: 171,907 200,429
Shareholders funds: 733,495 762,017

The notes form part of these financial statements

GILDERS (NORTHAMPTON) LIMITED

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 October 2024
and signed on behalf of the board by:

Name: Mr T Davies
Status: Director

The notes form part of these financial statements

GILDERS (NORTHAMPTON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Land and Buildings - 2% on cost, Plant and machinery etc - 25% on reducing balance and 20% on reducing balance.

Valuation and information policy

Freehold properties have been valued as follows:250-252 Wellingborough Road, Northampton - £420,000 valuation per professional valuation dated 14th September 2018. 32 Montagu Street, Kettering, Northamptonshire - £250,000 valuation. Included in cost or valuation of land and buildings is freehold land of £134,000 (2023-£134,000) which is not depreciated.

GILDERS (NORTHAMPTON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 6 7

GILDERS (NORTHAMPTON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible Assets

Total
Cost £
At 01 February 2023 753,457
At 31 January 2024 753,457
Depreciation
At 01 February 2023 130,746
Charge for year 12,074
At 31 January 2024 142,820
Net book value
At 31 January 2024 610,637
At 31 January 2023 622,711

GILDERS (NORTHAMPTON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

Debtors are made up as follows: Trade debtors £850 (2023-£616), Other debtors £100 (2023-£3,600), Total £950 (2023-£4,216)

GILDERS (NORTHAMPTON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

Creditors are made up as follows: Bank loans and overdrafts £22,173 (2023-£20,810), Hire Purchase £3,015 (2023-£3,472), Trade creditors £52,687 (2023-£42,641), Taxation and social security £30,880 (2023-£38,420), Other creditors £25,295 (2023-£20,588), Totals £134,050 (2023-£125,931).

GILDERS (NORTHAMPTON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Creditors: amounts falling due after more than one year note

Creditors falling due after one year are made up as follows: Bank loans £33,865 (2023-£41,842), Hire Purchase NIL (2023-£2,558), Other Creditors £14,167 (2023-£24,167), Totals £48,032 (2023-£68,567).

GILDERS (NORTHAMPTON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

7. Revaluation reserve

2024
£
Balance at 01 February 2023 561,288
Surplus or deficit after revaluation 0
Balance at 31 January 2024 561,288