REGISTERED NUMBER: 00302536 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

GRAVITY FEED SLICING MACHINE COMPANY

LIMITED(THE)

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms H J Collingwood

REGISTERED OFFICE:

37 Guillards Oak

Midhurst

GU29 9JZ

REGISTERED NUMBER:

00302536 (England and Wales)

ACCOUNTANTS:

Lewis Brownlee (Chichester) Limited

Grange House

Grange Road

Midhurst

West Sussex

GU29 9LS

FIXED ASSETS

Investment property

4

-

115,000

CURRENT ASSETS

Debtors

5

-

1,065

Cash at bank and in hand

67,186

7,027

67,186

8,092

CREDITORS

Amounts falling due within one year

6

7,333

727

NET CURRENT ASSETS

59,853

7,365

TOTAL ASSETS LESS CURRENT LIABILITIES

59,853

122,365

PROVISIONS FOR LIABILITIES

-

34,300

NET ASSETS

59,853

88,065

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

59,753

87,965

59,853

88,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 17 October 2025 and were signed by:

Ms H J Collingwood - Director

1.	STATUTORY INFORMATION

Gravity Feed Slicing Machine Company Limited(The) 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.

The presentational currency of the financial Pound Sterling (£) which is rounded to the nearest

pound (£).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents rents receivable during the accounting period.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Financial instruments are classified by the director as basic or advanced following the conditions in FRS 102 Section 11 . Basic financial instruments are recognised at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. The company has no advanced financial instruments.

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.

First year adoption of financial reporting standard 102 section 1a

These financial statements for the year ended 30 June 2025 are the first that are prepared in accordance with FRS 102 Section 1A. The previous financial statements were submitted in accordance with FRS 105, the date of transition to FRS 102 Section 1A is 1 July 2023.

Going concern

As at the time of approving the financial statements, the director has confirmed that the company has effectively ceased trading. Thus the Going Concern basis has not been applied to the preparation of the company's financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

115,000

Disposals

(115,000

)

At 30 June 2025

-

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

115,000

Investment property was stated at fair value. The cost of the investment property was £23,734.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Other debtors

-

1,065

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Taxation and social security

5,316

98

Other creditors

2,017

629

7,333

727

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Amounts totalling £214,583 were advanced to the director during the year. These amounts were repaid in full. Interest was charged on the amounts advanced at HMRC's official interest rate. As at the year end, the company owed the director £217.

8.	TRANSITION TO FRS 102 (SECTION 1A)

These are the first financial statements that comply with FRS 102 (Section 1A). The company transitioned to FRS 102 (Section 1A) as at 1 July 2023.

This has resulted in a transitional adjustment as deferred tax is required to be recognised under FRS 102 (Section 1A). As at 1 July 2023, an adjustment was made to the brought forward deferred tax liability provision of £34,300. This results in an adjustment to reserves as follows:

Period commencing 1 July 2023

As previously stated

Effect of transition

FRS 102 (Section 1A as restated

)

£

£

£

CAPITAL AND RESERVES

Called up share capital

100

-

100

Profit and loss account

121,519

(34,300

)

87,219

SHAREHOLDERS FUNDS

121,619

(34,300

)

87,319