G. & G. Pump Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02900764 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

G. & G. PUMP SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Hunt

Mrs F M Hunt

REGISTERED OFFICE:

Bank Gallery

High Street

Kenilworth

Warwickshire

CV8 1LY

REGISTERED NUMBER:

02900764 (England and Wales)

ACCOUNTANTS:

Bernard Rogers & Co

Bank Gallery

High Street

Kenilworth

Warwickshire

CV8 1LY

FIXED ASSETS

Tangible assets

4

46,882

44,964

CURRENT ASSETS

Stocks

7,000

3,250

Debtors

5

316,689

260,184

Cash at bank

213,703

316,296

537,392

579,730

CREDITORS

Amounts falling due within one year

6

184,202

155,304

NET CURRENT ASSETS

353,190

424,426

TOTAL ASSETS LESS CURRENT
LIABILITIES

400,072

469,390

PROVISIONS FOR LIABILITIES

11,720

8,543

NET ASSETS

388,352

460,847

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

388,252

460,747

SHAREHOLDERS' FUNDS

388,352

460,847

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 directors acknowledge their 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.

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 Board of Directors and authorised for issue on 1 October 2025 and were signed on its behalf by:

R Hunt - Director

1.	STATUTORY INFORMATION

G. & G. Pump Services 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

15% on cost

Plant and machinery etc

-

25% on cost, 20% on reducing balance, 15% on reducing balance and 10% 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 10 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2024

3,052

195,922

198,974

Additions

-

37,340

Disposals

-

(14,995

)

(14,995

)

At 31 March 2025

3,052

218,267

221,319

DEPRECIATION

At 1 April 2024

3,052

150,958

154,010

Charge for year

-

34,337

Eliminated on disposal

-

(13,910

)

(13,910

)

At 31 March 2025

3,052

171,385

174,437

NET BOOK VALUE

At 31 March 2025

-

46,882

At 31 March 2024

-

44,964

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

178,024

208,984

Other debtors

138,665

51,200

316,689

260,184

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

59,627

39,841

Taxation and social security

115,446

105,184

Other creditors

9,129

10,279

184,202

155,304

7.	RELATED PARTY DISCLOSURES

During the year G & G Pump Services Limited, which is owned by Soma Services Limited and which Mr and Mrs Hunt are directors, traded with Soma Services as follows:

2025

2024

£

Purchases from Soma Services Limited

120

nil

Balance owing to Soma Services Limited

nil

Sales to Soma Services Limited

248,698

265,482

Balance due from Soma Services Limited

47,845

55,994

During the year G & G Pump Services Limited, traded with Soma Control Systems Limited, a company of which Mr R Hunt is a director and shareholder, as follows:

2025

2024

£

Purchases from Soma Control Systems Limited

39,415

37,614

Balance owing to Soma Control Systems

3,213

4,536

A loan of £50,000 (2024 £50,000) was due from Lake District Cottages Limited a company of which Mr R Hunt is the sole director.

During the year loans totalling £10,184 (2024 £8,798) were made to Soma Control Systems Limited, a company of which Mr R Hunt is a director and shareholder. The year end balance was £76,415 (2024 £75,960).

8.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Soma Services Limited a company of which Mr R Hunt is a director and shareholder.