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REGISTERED NUMBER: 11383170 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2025

for

GAZELEY PAINTING LTD

GAZELEY PAINTING LTD (REGISTERED NUMBER: 11383170)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MAY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GAZELEY PAINTING LTD

Company Information
FOR THE YEAR ENDED 31 MAY 2025







DIRECTOR: C Simpson





REGISTERED OFFICE: The Granary
High Street
Turvey
Bedfordshire
MK43 8DB





REGISTERED NUMBER: 11383170 (England and Wales)





ACCOUNTANTS: Cox & Co. (Accountancy) Limited
Chartered Accountants
The Granary
High Street
Turvey
Bedford
Bedfordshire
MK43 8DB

GAZELEY PAINTING LTD (REGISTERED NUMBER: 11383170)

Balance Sheet
31 MAY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 62,451 73,941

CURRENT ASSETS
Debtors 5 93,562 29,086
Cash at bank 121,289 255,738
214,851 284,824
CREDITORS
Amounts falling due within one year 6 101,355 118,817
NET CURRENT ASSETS 113,496 166,007
TOTAL ASSETS LESS CURRENT
LIABILITIES

175,947

239,948

CREDITORS
Amounts falling due after more than one
year

7

-

92,441
NET ASSETS 175,947 147,507

CAPITAL AND RESERVES
Called up share capital 25 25
Capital redemption reserve 75 75
Retained earnings 175,847 147,407
175,947 147,507

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

GAZELEY PAINTING LTD (REGISTERED NUMBER: 11383170)

Balance Sheet - continued
31 MAY 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 director and authorised for issue on 15 August 2025 and were signed by:





C Simpson - Director


GAZELEY PAINTING LTD (REGISTERED NUMBER: 11383170)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MAY 2025

1. STATUTORY INFORMATION

Gazeley Painting 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.

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 - 10% on cost
Plant and machinery etc - 25% on reducing balance

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.

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 ) .

GAZELEY PAINTING LTD (REGISTERED NUMBER: 11383170)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2025

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2024 38,624 60,787 99,411
Additions - 2,888 2,888
At 31 May 2025 38,624 63,675 102,299
DEPRECIATION
At 1 June 2024 3,862 21,608 25,470
Charge for year 3,862 10,516 14,378
At 31 May 2025 7,724 32,124 39,848
NET BOOK VALUE
At 31 May 2025 30,900 31,551 62,451
At 31 May 2024 34,762 39,179 73,941

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 65,633 -
Other debtors 27,929 29,086
93,562 29,086

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 11,307 37,974
Trade creditors 28,013 16,231
Taxation and social security 59,035 61,612
Other creditors 3,000 3,000
101,355 118,817

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans - 92,441