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Company Registration No. 08289462 (England and Wales)
T & L Gillies Drylining Ltd Unaudited accounts for the year ended 31 March 2025
T & L Gillies Drylining Ltd Unaudited accounts Contents
Page
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T & L Gillies Drylining Ltd Company Information for the year ended 31 March 2025
Directors
T Gillies L Gillies
Company Number
08289462 (England and Wales)
Registered Office
The Paddock Gaddesden Turn Great Billington Bedfordshire LU7 9BW ENGLAND
Accountants
Balanced Books Accountancy Services Ltd 56 Station Road Station road Stanbridge Beds LU7 9JF
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T & L Gillies Drylining Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
45,026 
36,772 
Current assets
Debtors
67,714 
70,866 
Cash at bank and in hand
46,605 
53,267 
114,319 
124,133 
Creditors: amounts falling due within one year
(35,774)
(49,252)
Net current assets
78,545 
74,881 
Total assets less current liabilities
123,571 
111,653 
Creditors: amounts falling due after more than one year
(29,966)
(13,962)
Net assets
93,605 
97,691 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
93,505 
97,591 
Shareholders' funds
93,605 
97,691 
For the year ending 31 March 2025 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 30 July 2025 and were signed on its behalf by
T Gillies Director Company Registration No. 08289462
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T & L Gillies Drylining Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
T & L Gillies Drylining Ltd is a private company, limited by shares, registered in England and Wales, registration number 08289462. The registered office is The Paddock, Gaddesden Turn, Great Billington, Bedfordshire, LU7 9BW, ENGLAND.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2024
6,457 
28,990 
39,316 
4,567 
79,330 
Additions
- 
35,493 
- 
- 
35,493 
Disposals
- 
(28,990)
- 
- 
(28,990)
At 31 March 2025
6,457 
35,493 
39,316 
4,567 
85,833 
Depreciation
At 1 April 2024
4,800 
16,760 
17,306 
3,692 
42,558 
Charge for the year
414 
8,873 
5,503 
219 
15,009 
On disposals
- 
(16,760)
- 
- 
(16,760)
At 31 March 2025
5,214 
8,873 
22,809 
3,911 
40,807 
Net book value
At 31 March 2025
1,243 
26,620 
16,507 
656 
45,026 
At 31 March 2024
1,657 
12,230 
22,010 
875 
36,772 
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T & L Gillies Drylining Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,375 
1,375 
Other debtors
66,339 
67,312 
67,714 
68,687 
Amounts falling due after more than one year
Other debtors
- 
2,179 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
(5,214)
410 
Taxes and social security
36,949 
38,567 
Other creditors
2,912 
9,468 
Loans from directors
477 
- 
Accruals
650 
807 
35,774 
49,252 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
4,812 
8,764 
Obligations under finance leases and hire purchase contracts
25,154 
5,198 
29,966 
13,962 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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