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Company Registration No. 07308954 (England and Wales)
Gilroy Finance Group Limited Unaudited accounts for the year ended 31 December 2024
Gilroy Finance Group Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Gilroy Finance Group Limited Company Information for the year ended 31 December 2024
Directors
Timothy Mark Emmony Natasha Kiri Harris James Anthony Steadman Thomas Edward Coombes
Company Number
07308954 (England and Wales)
Registered Office
The Phoenix Yard 5-9 Upper Brown Street Leicester Leicestershire LE1 5TE United Kingdom
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Gilroy Finance Group Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
568,322 
663,676 
Tangible assets
5
52,486 
37,379 
Investments
6
194 
194 
621,002 
701,249 
Current assets
Debtors
7
462,037 
293,972 
Cash at bank and in hand
38,646 
25,260 
500,683 
319,232 
Creditors: amounts falling due within one year
8
(537,291)
(547,487)
Net current liabilities
(36,608)
(228,255)
Total assets less current liabilities
584,394 
472,994 
Creditors: amounts falling due after more than one year
9
(285,432)
(279,004)
Net assets
298,962 
193,990 
Capital and reserves
Called up share capital
1,000 
1,000 
Share premium
200,000 
99,800 
Profit and loss account
97,962 
93,190 
Shareholders' funds
298,962 
193,990 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by
Timothy Mark Emmony Director Company Registration No. 07308954
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Gilroy Finance Group Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Gilroy Finance Group Limited is a private company, limited by shares, registered in England and Wales, registration number 07308954. The registered office is The Phoenix Yard, 5-9 Upper Brown Street, Leicester, Leicestershire, LE1 5TE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% Straight Line
Computer equipment
33% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
998,277 
Disposals
(1,563)
At 31 December 2024
996,714 
Amortisation
At 1 January 2024
334,601 
Charge for the year
93,791 
At 31 December 2024
428,392 
Net book value
At 31 December 2024
568,322 
At 31 December 2023
663,676 
- 5 -
Gilroy Finance Group Limited Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
112,537 
37,627 
150,164 
Additions
26,256 
1,998 
28,254 
At 31 December 2024
138,793 
39,625 
178,418 
Depreciation
At 1 January 2024
83,087 
29,698 
112,785 
Charge for the year
8,516 
4,631 
13,147 
At 31 December 2024
91,603 
34,329 
125,932 
Net book value
At 31 December 2024
47,190 
5,296 
52,486 
At 31 December 2023
29,450 
7,929 
37,379 
6
Investments
Other investments 
£ 
Valuation at 1 January 2024
194 
Valuation at 31 December 2024
194 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
178,472 
251,091 
Amounts due from group undertakings etc.
258,710 
- 
Accrued income and prepayments
21,986 
23,559 
Other debtors
2,869 
19,322 
462,037 
293,972 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
70,342 
115,005 
VAT
100,866 
79,537 
Trade creditors
21,522 
40,723 
Taxes and social security
86,313 
98,748 
Other creditors
127,623 
135,865 
Loans from directors
121,337 
70,577 
Accruals
9,288 
7,032 
537,291 
547,487 
- 6 -
Gilroy Finance Group Limited Notes to the Accounts for the year ended 31 December 2024
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
94,002 
55,885 
Other creditors
191,430 
223,119 
285,432 
279,004 
10
Average number of employees
During the year the average number of employees was 29 (2023: 24).
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