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REGISTERED NUMBER: 04289129 (England and Wales)
















Financial Statements

for the Year Ended 31 January 2025

for

Gerry Dupree and Company Limited

Gerry Dupree and Company Limited (Registered number: 04289129)

Contents of the Financial Statements
for the Year Ended 31 January 2025










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


Gerry Dupree and Company Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: G L Dupree
P A Dupree
Ms C Dupree





SECRETARY: Mrs A M Dupree





REGISTERED OFFICE: B5 Kestrel Court
Waterwells Drive
Quedgeley
Glos
GL2 2AT





REGISTERED NUMBER: 04289129 (England and Wales)





ACCOUNTANTS: GCSD Accountants Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT

Gerry Dupree and Company Limited

Report of the Accountants to the Directors of
Gerry Dupree and Company Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements and state those matters that we have agreed to state to the Board of Directors, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that the Company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit. You consider that the Company is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of the Company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






GCSD Accountants Limited






GCSD Accountants Limited


20 March 2025

Gerry Dupree and Company Limited (Registered number: 04289129)

Balance Sheet
31 January 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 62 9,316
62 9,316

CURRENT ASSETS
Debtors 6 44,523 70,058
Cash at bank and in hand 104,310 112,840
148,833 182,898
CREDITORS
Amounts falling due within one year 7 133,435 187,328
NET CURRENT ASSETS/(LIABILITIES) 15,398 (4,430 )
TOTAL ASSETS LESS CURRENT LIABILITIES 15,460 4,886

PROVISIONS FOR LIABILITIES 16 106
NET ASSETS 15,444 4,780

CAPITAL AND RESERVES
Called up share capital 3,320 3,320
Share premium 199,800 199,800
Retained earnings (187,676 ) (198,340 )
SHAREHOLDERS' FUNDS 15,444 4,780

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

Gerry Dupree and Company Limited (Registered number: 04289129)

Balance Sheet - continued
31 January 2025


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 20 March 2025 and were signed on its behalf by:





G L Dupree - Director


Gerry Dupree and Company Limited (Registered number: 04289129)

Notes to the Financial Statements
for the Year Ended 31 January 2025


1. STATUTORY INFORMATION

Gerry Dupree and Company 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Office equipment - 15% on cost
Computer equipment - 33% on cost

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.


Gerry Dupree and Company Limited (Registered number: 04289129)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025


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.

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 12 (2024 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 February 2024
and 31 January 2025 109,009 25,344 134,353
AMORTISATION
At 1 February 2024
and 31 January 2025 109,009 25,344 134,353
NET BOOK VALUE
At 31 January 2025 - - -
At 31 January 2024 - - -

Gerry Dupree and Company Limited (Registered number: 04289129)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025


5. TANGIBLE FIXED ASSETS
Improvements
to Office Computer
property equipment equipment Totals
£    £    £    £   
COST
At 1 February 2024 22,697 8,138 38,326 69,161
Disposals (22,697 ) (249 ) (23,152 ) (46,098 )
At 31 January 2025 - 7,889 15,174 23,063
DEPRECIATION
At 1 February 2024 13,804 7,926 38,115 59,845
Charge for year - 172 189 361
Eliminated on disposal (13,804 ) (249 ) (23,152 ) (37,205 )
At 31 January 2025 - 7,849 15,152 23,001
NET BOOK VALUE
At 31 January 2025 - 40 22 62
At 31 January 2024 8,893 212 211 9,316

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 44,523 70,058

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 71 3,510
Intercompany account 6,612 6,940
Taxation and social security 34,925 28,561
Other creditors 91,827 148,317
133,435 187,328

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 4,471 25,973