Gary Sinclair Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09518060

Gary Sinclair Limited

Filleted Unaudited Abridged Financial Statements

31 March 2025

Gary Sinclair Limited

Abridged Financial Statements

Year Ended 31 March 2025

Contents	Page

Abridged statement of financial position	1

Notes to the abridged financial statements	3

Gary Sinclair Limited

Abridged Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed Assets

Investments	5		448,558	448,558

Current Assets

Debtors	20,132	2,922
Cash at bank and in hand	2,842	4,866
	--------	-------
	22,974	7,788

Creditors: amounts falling due within one year	76,240		58,665
	--------		--------
Net Current Liabilities		53,266	50,877
		---------	---------
Total Assets Less Current Liabilities		395,292	397,681

Creditors: amounts falling due after more than one year	143,723	159,001
	---------	---------
Net Assets	251,569	238,680
	---------	---------

Capital and Reserves

Called up share capital	7	1	1
Profit and loss account		251,568	238,679
		---------	---------
Shareholders Funds		251,569	238,680
		---------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Gary Sinclair Limited

Abridged Statement of Financial Position (continued)

31 March 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 15 October 2025 , and are signed on behalf of the board by:

Mr G Sinclair
Director

Company registration number: 09518060

Gary Sinclair Limited

Notes to the Abridged Financial Statements

Year Ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 91-97 Saltergate, Chesterfield, S40 1LA. The company's place of business is 23 Trippet Lane, Sheffield, S1 4FG.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Investments

Investment property is carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the profit or loss for the period.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Investments

	£
Cost
At 1 April 2024 and 31 March 2025	448,558
	---------
Impairment
At 1 April 2024 and 31 March 2025	–
	---------
Carrying amount
At 31 March 2025	448,558
	---------
At 31 March 2024	448,558
	---------

6. Secured liabilities

The aggregate amount of secured liabilities, secured on the assets of the company at the year end were £165,504 (2024: £187,260).

7. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1	1	1	1
	----	----	----	----