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REGISTERED NUMBER: 07920470 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Garner & Co Limited

Garner & Co Limited (Registered number: 07920470)






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


Garner & Co Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: M R Garner CTA





SECRETARY: Mrs A T Garner





REGISTERED OFFICE: Rest Harrow
Welland
Malvern
Worcestershire
WR13 6NQ





REGISTERED NUMBER: 07920470 (England and Wales)






Garner & Co Limited (Registered number: 07920470)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 1 1
2 2

CURRENT ASSETS
Stocks 2,505 5,900
Debtors 6 6,804 20,659
Cash at bank 11,347 13,782
20,656 40,341
CREDITORS
Amounts falling due within one year 7 17,708 33,834
NET CURRENT ASSETS 2,948 6,507
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,950

6,509

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 2,850 6,409
SHAREHOLDERS' FUNDS 2,950 6,509

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 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.

Garner & Co Limited (Registered number: 07920470)

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 by the director and authorised for issue on 20 August 2025 and were signed by:





M R Garner CTA - Director


Garner & Co Limited (Registered number: 07920470)

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

1. STATUTORY INFORMATION

Garner & Co 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 0, is being amortised evenly over its estimated useful life of nil 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost

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.


Garner & Co Limited (Registered number: 07920470)

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 65,000
AMORTISATION
At 1 April 2024
and 31 March 2025 64,999
NET BOOK VALUE
At 31 March 2025 1
At 31 March 2024 1

Garner & Co Limited (Registered number: 07920470)

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

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2024
and 31 March 2025 500
DEPRECIATION
At 1 April 2024
and 31 March 2025 499
NET BOOK VALUE
At 31 March 2025 1
At 31 March 2024 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 5,745 19,960
Other debtors 1,059 699
6,804 20,659

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 7,535 500
Taxation and social security 5,499 7,336
Other creditors 4,674 25,998
17,708 33,834

8. RESERVES
Retained
earnings
£   

At 1 April 2024 6,409
Profit for the year 23,441
Dividends (27,000 )
At 31 March 2025 2,850

Garner & Co Limited (Registered number: 07920470)

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

9. RELATED PARTY DISCLOSURES

At 31 March 2025, included in creditors and accruals are amounts owing to Mr M R Garner and Mrs A T Garner of £2,464 (2024: £9,856) and £2,210 (2024: £16,142) respectively.