REGISTERED NUMBER: 05032780 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

G E S (LEICESTER) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D T Gibson

Mr L Gibson

Mr J Gibson

SECRETARY:

Mrs L J Gibson

REGISTERED OFFICE:

Unit 3

Westleigh Business Park

Winchester Avenue

Blaby

Leicestershire

LE8 4EZ

REGISTERED NUMBER:

05032780 (England and Wales)

FIXED ASSETS

Tangible assets

4

106,336

55,261

CURRENT ASSETS

Debtors

5

348,047

368,809

Cash at bank

72,571

48,999

420,618

417,808

CREDITORS

Amounts falling due within one year

6

256,272

197,535

NET CURRENT ASSETS

164,346

220,273

TOTAL ASSETS LESS CURRENT LIABILITIES

270,682

275,534

CREDITORS

Amounts falling due after more than one year

7

(56,809

)

(10,112

)

PROVISIONS FOR LIABILITIES

(25,574

)

(15,748

)

NET ASSETS

188,299

249,674

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

188,297

249,672

SHAREHOLDERS' FUNDS

188,299

249,674

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 14 October 2025 and were signed on its behalf by:

Mr L Gibson - Director

1.	STATUTORY INFORMATION

G E S (Leicester) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents net invoiced sales of goods and services, excluding value added tax. The company supplies products and services to customers under standard terms and conditions. In all cases revenue is recognised when the risks and rewards of ownership are transferred and this is defined to be on completion of the contract.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful economic lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments are treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account as incurred.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

3,309

19,871

160,137

183,317

Additions

-

1,829

84,692

86,521

At 31 March 2025

3,309

21,700

244,829

269,838

DEPRECIATION

At 1 April 2024

3,282

14,363

110,411

128,056

Charge for year

7

1,834

33,605

35,446

At 31 March 2025

3,289

16,197

144,016

163,502

NET BOOK VALUE

At 31 March 2025

20

5,503

100,813

106,336

At 31 March 2024

27

5,508

49,726

55,261

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

115,482

Additions

84,692

At 31 March 2025

200,174

DEPRECIATION

At 1 April 2024

70,535

Charge for year

32,410

At 31 March 2025

102,945

NET BOOK VALUE

At 31 March 2025

97,229

At 31 March 2024

44,947

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

95,386

149,016

Bad debt provision

-

(1,213

)

Amounts owed by group undertakings

207,140

176,245

Other debtors

1,714

1,714

Directors' current accounts

43,807

43,047

348,047

368,809

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

24,584

14,150

Trade creditors

10,365

8,791

Taxation

73,684

59,127

Social security and other taxes

10,138

8,647

VAT

104,372

74,721

Directors' current accounts

10,159

9,535

Accruals and deferred income

22,970

22,564

256,272

197,535

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

56,809

10,112

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

24,584

14,150

Between one and five years

56,809

10,112

81,393

24,262

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

81,393

24,262

10.	RELATED PARTY DISCLOSURES

At 31 March 2025 Mr D T Gibson was owed £5,381 (2024 £5,069) on his director's loan account. Mr L Gibson was owed £4,778 (2024 £4,466) on his director's loan account.

At 31 March 2025 Mr J Gibson owed the company £43,807 (2024 £43,407) on his director's loan account.

The above loans are being charged interest and repayable on demand.