GORMLEYS AUCTIONS LTD

Company Registration Number:
NI608644 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 January 2025

Period of accounts

Start date: 01 February 2024

End date: 31 January 2025

GORMLEYS AUCTIONS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Notes

GORMLEYS AUCTIONS LTD

Balance sheet

As at 31 January 2025


Notes
2025
2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 36,167 38,561
Investments:   0 0
Total fixed assets: 36,167 38,561
Current assets
Stocks: 600,067 704,189
Debtors:   158,724 287,361
Cash at bank and in hand: 85,088 96,141
Investments:   0 0
Total current assets: 843,879 1,087,691
Creditors: amounts falling due within one year:   (344,530) (582,833)
Net current assets (liabilities): 499,349 504,858
Total assets less current liabilities: 535,516 543,419
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 535,516 543,419
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 535,416 543,319
Shareholders funds: 535,516 543,419

The notes form part of these financial statements

GORMLEYS AUCTIONS LTD

Balance sheet statements

For the year ending 31 January 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 June 2025
and signed on behalf of the board by:

Name: GERARD GORMLEY
Status: Director

The notes form part of these financial statements

GORMLEYS AUCTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GORMLEYS AUCTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

2. Employees

2025 2024
Average number of employees during the period 6 6

GORMLEYS AUCTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible Assets

Total
Cost £
At 01 February 2024 85,401
Additions 12,500
Disposals 0
Revaluations 0
Transfers 0
At 31 January 2025 97,901
Depreciation
At 01 February 2024 46,840
Charge for year 14,894
On disposals 0
Other adjustments 0
At 31 January 2025 61,734
Net book value
At 31 January 2025 36,167
At 31 January 2024 38,561