REGISTERED NUMBER: 05668760 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

PETER GILDER SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P N T Gilder

SECRETARY:

P N T Gilder

REGISTERED OFFICE:

The Grafters

Fosseway

Lower Slaughter

Cheltenham

Gloucestershire

GL54 2EY

REGISTERED NUMBER:

05668760 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

FIXED ASSETS

Tangible assets

4

408,767

470,306

CURRENT ASSETS

Stocks

134,034

186,513

Debtors

5

30,221

66,028

Cash at bank

404,597

111,371

568,852

363,912

CREDITORS

Amounts falling due within one year

6

103,081

78,346

NET CURRENT ASSETS

465,771

285,566

TOTAL ASSETS LESS CURRENT LIABILITIES

874,538

755,872

CREDITORS

Amounts falling due after more than one year

7

(34,844

)

(29,573

)

PROVISIONS FOR LIABILITIES

(47,583

)

(62,967

)

NET ASSETS

792,111

663,332

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

792,109

663,330

792,111

663,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2025 and were signed by:

P N T Gilder - Director

1.	STATUTORY INFORMATION

Peter Gilder 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.

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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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 Statement of Income and Retained Earnings, 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.

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 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 profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Provisions

Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

Going concern

There are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Long

Plant and

Motor

Computer

leasehold

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2024

218,436

333,635

52,886

5,922

610,879

Additions

-

16,141

37,465

231

53,837

Disposals

-

(62,500

)

-

-

(62,500

)

At 31 January 2025

218,436

287,276

90,351

6,153

602,216

DEPRECIATION

At 1 February 2024

-

135,639

3,305

1,629

140,573

Charge for year

-

37,796

21,762

1,131

60,689

Eliminated on disposal

-

(7,813

)

-

-

(7,813

)

At 31 January 2025

-

165,622

25,067

2,760

193,449

NET BOOK VALUE

At 31 January 2025

218,436

121,654

65,284

3,393

408,767

At 31 January 2024

218,436

197,996

49,581

4,293

470,306

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

Motor

vehicles

£

COST

At 1 February 2024

52,886

Additions

37,465

At 31 January 2025

90,351

DEPRECIATION

At 1 February 2024

3,305

Charge for year

21,762

At 31 January 2025

25,067

NET BOOK VALUE

At 31 January 2025

65,284

At 31 January 2024

49,581

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

39,528

Other debtors

-

26,500

Directors' current accounts

30,221

-

30,221

66,028

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

17,687

10,437

Trade creditors

11,635

93,007

Corporation Tax

99,445

70,490

Social security and other taxes

-

382

VAT

70,404

3,800

Other creditors

3,262

-

Intercompany account

(102,244

)

(102,244

)

Directors' current accounts

-

182

Accrued expenses

2,892

2,292

103,081

78,346

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

34,844

29,573

8.	SECURED DEBTS

Lloyds Bank plc holds a debenture dated 15 March 2018. There is a fixed and floating charge over the undertaking and all property and assets, present and future, including goodwill, bookdebts, uncalled capital, buildings, fixtures, fixed plant and machinery.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

P N T Gilder

Balance outstanding at start of year

(182

)

99,416

Amounts advanced

68,742

57,817

Amounts repaid

(38,339

)

(157,415

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

30,221

(182

)

Interest is charged annually at the HMRC approved rate and there are no set repayment terms.