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REGISTERED NUMBER: 07551403 (England and Wales)















G D Coward Ltd

Unaudited Financial Statements for the Year Ended 31 March 2025






G D Coward Ltd (Registered number: 07551403)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


G D Coward Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: G D Coward
Mrs Z J Coward





SECRETARY: Mrs Z J Coward





REGISTERED OFFICE: 35 Georgian Way
Wigmore
Gillingham
Kent
ME8 0QZ





REGISTERED NUMBER: 07551403 (England and Wales)





ACCOUNTANTS: Aggarwal & Co
Chartered Accountants
5 London Road
Rainham
Gillingham
Kent
ME8 7RG

G D Coward Ltd (Registered number: 07551403)

Statement of Financial Position
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,601 31,707
Investments 5 100 100
29,701 31,807

CURRENT ASSETS
Debtors 6 361,800 323,691
Cash at bank and in hand 178,769 66,638
540,569 390,329
CREDITORS
Amounts falling due within one year 7 81,498 28,877
NET CURRENT ASSETS 459,071 361,452
TOTAL ASSETS LESS CURRENT LIABILITIES 488,772 393,259

CREDITORS
Amounts falling due after more than one
year

8

(4,167

)

(14,167

)

PROVISIONS FOR LIABILITIES (2,187 ) (2,469 )
NET ASSETS 482,418 376,623

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 482,318 376,523
SHAREHOLDERS' FUNDS 482,418 376,623

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

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

G D Coward Ltd (Registered number: 07551403)

Statement of Financial Position - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 June 2025 and were signed on its behalf by:





G D Coward - Director


G D Coward Ltd (Registered number: 07551403)

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

1. STATUTORY INFORMATION

G D Coward 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.

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.

Preparation of consolidated financial statements
The financial statements contain information about G D Coward Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Income recognition
Turnover represents net invoiced sales of goods and services, excluding value added tax. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Turnover from the supply of services represent the value of services provided under contracts to the extent that there is a right to consideration. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Land and buildings - Straight line over 25 years
Plant and machinery etc - 25% on reducing balance and 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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 statement of financial position date.


G D Coward Ltd (Registered number: 07551403)

Notes to the Financial Statements - continued
for the Year Ended 31 March 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 statement of financial position 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 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2024 24,826 37,187 62,013
Additions - 1,666 1,666
At 31 March 2025 24,826 38,853 63,679
DEPRECIATION
At 1 April 2024 2,979 27,327 30,306
Charge for year 993 2,779 3,772
At 31 March 2025 3,972 30,106 34,078
NET BOOK VALUE
At 31 March 2025 20,854 8,747 29,601
At 31 March 2024 21,847 9,860 31,707

G D Coward Ltd (Registered number: 07551403)

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2024
and 31 March 2025 100
NET BOOK VALUE
At 31 March 2025 100
At 31 March 2024 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 86,297 33,939
Amounts owed by group undertakings 267,852 267,460
Other debtors 7,651 22,292
361,800 323,691

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors - 2,389
Taxation and social security 66,247 12,195
Other creditors 5,251 4,293
81,498 28,877

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 4,167 14,167

9. SECURED DEBTS

The hire purchase agreements are secured against the relevant assets.