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REGISTERED NUMBER: 07885818 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

GIBSON WHITTER LIMITED

GIBSON WHITTER LIMITED (REGISTERED NUMBER: 07885818)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GIBSON WHITTER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Ms L A Gibson
Mr G Whitter





SECRETARY: Mr R E Duggan





REGISTERED OFFICE: Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP





REGISTERED NUMBER: 07885818 (England and Wales)






GIBSON WHITTER LIMITED (REGISTERED NUMBER: 07885818)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,347 18,497

CURRENT ASSETS
Stocks 19,763 19,488
Debtors 5 250,056 296,487
Cash at bank and in hand 185,379 165,747
455,198 481,722
CREDITORS
Amounts falling due within one year 6 174,877 182,227
NET CURRENT ASSETS 280,321 299,495
TOTAL ASSETS LESS CURRENT
LIABILITIES

291,668

317,992

PROVISIONS FOR LIABILITIES 8 1,879 2,709
NET ASSETS 289,789 315,283

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 289,689 315,183
SHAREHOLDERS' FUNDS 289,789 315,283

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.

GIBSON WHITTER LIMITED (REGISTERED NUMBER: 07885818)

BALANCE SHEET - 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 and authorised for issue by the Board of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by:




Ms L A Gibson - Director



Mr G Whitter - Director


GIBSON WHITTER LIMITED (REGISTERED NUMBER: 07885818)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Gibson Whitter 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.

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 etc - 33% on cost, 20% on cost and over the period of the lease

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 15 (2024 - 15 ) .

GIBSON WHITTER LIMITED (REGISTERED NUMBER: 07885818)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 88,552
Additions 3,373
Disposals (5,910 )
At 31 March 2025 86,015
DEPRECIATION
At 1 April 2024 70,055
Charge for year 10,523
Eliminated on disposal (5,910 )
At 31 March 2025 74,668
NET BOOK VALUE
At 31 March 2025 11,347
At 31 March 2024 18,497

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 225,953 273,424
Other debtors 24,103 23,063
250,056 296,487

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 10,696 15,702
Taxation and social security 138,866 136,705
Other creditors 25,315 29,820
174,877 182,227

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.25 31.3.24
£    £   
Within one year 26,182 25,894
Between one and five years 21,293 47,187
47,475 73,081

8. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 1,879 2,709

GIBSON WHITTER LIMITED (REGISTERED NUMBER: 07885818)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2024 2,709
Utilised during year (830 )
Balance at 31 March 2025 1,879

9. RELATED PARTY DISCLOSURES

At the balance sheet date the aggregate amount owed by the company to the directors was £19,304 (31.3.24: £23,039).

10. ULTIMATE CONTROLLING PARTY

The company is not under the control of any one individual or another entity.