REGISTERED NUMBER: 11782655 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st January 2025

for

GALLIER'S DAIRY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M G Gallier

Mr A Gallier

Mr J Gallier

SECRETARY:

Mrs SA Gallier

REGISTERED OFFICE:

Ly2 Overgreen Farm

Church Lane

Wishaw

Sutton Coldfield

West Midlands

B76 9QH

REGISTERED NUMBER:

11782655 (England and Wales)

ACCOUNTANTS:

Hayward Wright Ltd

4 Clews Road

Redditch

Worcestershire

B98 7ST

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

25,345

26,511

25,345

26,511

CURRENT ASSETS

Stocks

6

3,200

3,200

Debtors

7

57,675

66,823

Cash at bank and in hand

122,512

27,739

183,387

97,762

CREDITORS

Amounts falling due within one year

8

112,697

88,518

NET CURRENT ASSETS

70,690

9,244

TOTAL ASSETS LESS CURRENT LIABILITIES

96,035

35,755

PROVISIONS FOR LIABILITIES

10

1,486

5,037

NET ASSETS

94,549

30,718

CAPITAL AND RESERVES

Called up share capital

11

99

99

Retained earnings

94,450

30,619

SHAREHOLDERS' FUNDS

94,549

30,718

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 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 26th March 2025 and were signed on its behalf by:

Mr A Gallier - Director

1.	STATUTORY INFORMATION

Gallier's Dairy 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.

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.

Computer software is being amortised evenly over its estimated useful life of four years.

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

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

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 balance sheet date.

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.

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 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1st February 2024

and 31st January 2025

5,579

AMORTISATION

At 1st February 2024

and 31st January 2025

5,579

NET BOOK VALUE

At 31st January 2025

-

At 31st January 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st February 2024

89,336

353

25,210

3,869

118,768

Additions

4,250

-

18,645

-

22,895

At 31st January 2025

93,586

353

43,855

3,869

141,663

DEPRECIATION

At 1st February 2024

62,831

353

25,210

3,863

92,257

Charge for year

19,393

-

4,662

6

24,061

At 31st January 2025

82,224

353

29,872

3,869

116,318

NET BOOK VALUE

At 31st January 2025

11,362

-

13,983

-

25,345

At 31st January 2024

26,505

-

-

6

26,511

6.

STOCKS

2025

2024

£

£

Stocks

3,200

3,200

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

52,534

58,779

VAT

5,141

7,536

Prepayments

-

508

57,675

66,823

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

-

12,921

Trade creditors

74,850

76,717

Tax

32,842

796

Social security and other taxes

3,946

(426

)

Other creditors

-

1,337

Net wages

-

(3,310

)

Directors' loan accounts

1,059

483

112,697

88,518

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

12,921

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

1,486

5,037

Deferred

tax

£

Balance at 1st February 2024

5,037

Provided during year

(3,551

)

Balance at 31st January 2025

1,486

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

99

Ordinary A

1

99

99