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REGISTERED NUMBER: 07204730 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

GILDAN HOLDINGS LIMITED

GILDAN HOLDINGS LIMITED (REGISTERED NUMBER: 07204730)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GILDAN HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: Mr M J Dance
Mr G M Dance
Mr M C Dance





SECRETARY: Mr M C Dance





REGISTERED OFFICE: Rosebank
Braishfield Road
Romsey
Hampshire
SO51 7NZ





BUSINESS ADDRESS: Unit 5 Casbrook Park
Bunny Lane
Timsbury
Romsey
Hampshire
SO51 0PG





REGISTERED NUMBER: 07204730 (England and Wales)






GILDAN HOLDINGS LIMITED (REGISTERED NUMBER: 07204730)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 80,000 80,000
Investments 6 2,000 2,000
82,000 82,000

CURRENT ASSETS
Debtors 7 13,440 12,240
Cash at bank 8,319 10,622
21,759 22,862
CREDITORS
Amounts falling due within one year 8 2,130 2,170
NET CURRENT ASSETS 19,629 20,692
TOTAL ASSETS LESS CURRENT
LIABILITIES

101,629

102,692

CREDITORS
Amounts falling due after more than one
year

9

99,236

100,436
NET ASSETS 2,393 2,256

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 1,393 1,256
SHAREHOLDERS' FUNDS 2,393 2,256

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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.

GILDAN HOLDINGS LIMITED (REGISTERED NUMBER: 07204730)

BALANCE SHEET - continued
30 NOVEMBER 2024


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 30 April 2025 and were signed on its behalf by:




Mr G M Dance - Director Mr M C Dance - Director




Mr M J Dance - Director


GILDAN HOLDINGS LIMITED (REGISTERED NUMBER: 07204730)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

Gildan Holdings 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Gildan Holdings Limited 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.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced in the year, exclusive of Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

Tangible assets are stated at cost less accumulated depreciation.

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

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.

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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

GILDAN HOLDINGS LIMITED (REGISTERED NUMBER: 07204730)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

5. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 December 2023
and 30 November 2024 80,000
NET BOOK VALUE
At 30 November 2024 80,000
At 30 November 2023 80,000

Included in the cost of land and buildings is freehold land of £80,000 (2023: £80,000) which is not depreciated.

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2023
and 30 November 2024 2,000
NET BOOK VALUE
At 30 November 2024 2,000
At 30 November 2023 2,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 13,410 12,210
Other debtors 30 30
13,440 12,240

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 450 450
Other creditors 1,680 1,720
2,130 2,170

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 99,236 100,436

GILDAN HOLDINGS LIMITED (REGISTERED NUMBER: 07204730)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group or where transactions have been undertaken under normal market conditions.