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REGISTERED NUMBER: 01292983 (England and Wales)















Financial Statements for the Year Ended 31 March 2025

for

R Gorton & Associates (Electronics) Ltd

R Gorton & Associates (Electronics) Ltd (Registered number: 01292983)






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


R Gorton & Associates (Electronics) Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: P R Gorton





REGISTERED OFFICE: Unit 4, Crown Industrial Estate
Kenwood Road
Reddish
Stockport
SK5 6PH





REGISTERED NUMBER: 01292983 (England and Wales)





ACCOUNTANTS: Uppal & Warr
Chartered Accountants
452 Manchester Road
Heaton Chapel
Stockport
SK4 5DL

R Gorton & Associates (Electronics) Ltd (Registered number: 01292983)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16 21

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 160,536 92,100
Cash at bank and in hand 124,271 134,049
289,807 231,149
CREDITORS
Amounts falling due within one year 6 148,677 117,555
NET CURRENT ASSETS 141,130 113,594
TOTAL ASSETS LESS CURRENT
LIABILITIES

141,146

113,615

CREDITORS
Amounts falling due after more than one
year

7

20,833

29,994
NET ASSETS 120,313 83,621

CAPITAL AND RESERVES
Called up share capital 8 10,002 10,002
Retained earnings 9 110,311 73,619
SHAREHOLDERS' FUNDS 120,313 83,621

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.

R Gorton & Associates (Electronics) Ltd (Registered number: 01292983)

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 8 August 2025 and were signed by:





P R Gorton - Director


R Gorton & Associates (Electronics) Ltd (Registered number: 01292983)

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

1. STATUTORY INFORMATION

R Gorton & Associates (Electronics) 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.
Office equipment - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 7 (2024 - 7 ) .

R Gorton & Associates (Electronics) Ltd (Registered number: 01292983)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Office Plant and and
equipment machinery fittings Totals
£    £    £    £   
COST
At 1 April 2024
and 31 March 2025 42,386 12,156 7,845 62,387
DEPRECIATION
At 1 April 2024 42,365 12,156 7,845 62,366
Charge for year 5 - - 5
At 31 March 2025 42,370 12,156 7,845 62,371
NET BOOK VALUE
At 31 March 2025 16 - - 16
At 31 March 2024 21 - - 21

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 146,945 45,061
Commercial finance 13,591 47,039
160,536 92,100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 21,104 21,237
Tax 8,606 7,878
Social security and other taxes 3,233 3,293
VAT 25,238 4,935
Other creditors 1,318 772
Directors' current accounts 72,478 72,965
Accrued expenses 16,700 6,475
148,677 117,555

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 20,833 29,994

R Gorton & Associates (Electronics) Ltd (Registered number: 01292983)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
10,000 Ordinary £1 10,000 10,000
1 B Class £1 1 1
1 C Class £1 1 1
10,002 10,002

9. RESERVES
Retained
earnings
£   

At 1 April 2024 73,619
Profit for the year 36,692
At 31 March 2025 110,311