Gregory Psychological Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08137952 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JULY 2025

FOR

GREGORY PSYCHOLOGICAL SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Gregory

REGISTERED OFFICE:

The Grange

Grange Lane

Lower Broadheath

Worcestershire

WR2 6RW

REGISTERED NUMBER:

08137952 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Tangible assets

4

248,847

250,796

CURRENT ASSETS

Debtors

5

32,730

265,565

Cash at bank

4,254

693

36,984

266,258

CREDITORS

Amounts falling due within one year

6

246,424

439,595

NET CURRENT LIABILITIES

(209,440

)

(173,337

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

39,407

77,459

CREDITORS

Amounts falling due after more than one
year

7

35,364

74,349

NET ASSETS

4,043

3,110

CAPITAL AND RESERVES

Called up and paid share capital

100

Retained earnings

3,943

3,010

SHAREHOLDERS' FUNDS

4,043

3,110

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2025 and were signed by:

G Gregory - Director

1.	STATUTORY INFORMATION

Gregory Psychological 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 relates to the provision of services in line with the companies principle activity and is recognised once the service has been provided.

Tangible fixed assets

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

Fixtures & Fittings - 25% on reducing balance

Computer equipment - 25% on reducing balance

Financial instruments

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Taxation

Taxation for the year comprises current 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.

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 9 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 31 July 2024

and 30 July 2025

242,999

29,012

272,011

DEPRECIATION

At 31 July 2024

-

21,215

Charge for year

-

1,949

At 30 July 2025

-

23,164

NET BOOK VALUE

At 30 July 2025

242,999

5,848

248,847

At 30 July 2024

242,999

7,797

250,796

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

32,404

40,542

Other debtors

326

225,023

32,730

265,565

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

34,352

36,170

Taxation and social security

3,275

1,764

Other creditors

208,797

401,661

246,424

439,595

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

35,364

74,349

8.	SECURED DEBTS

The assets are secured by a fixed and floating charge.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director operated a loan with the company with no fixed terms of repayment or interest. Amounts advanced during the year were £Nil (2024 - £223,720) and repayments during the year were £223,720 (2024 - £121,425). At the year end the amount owing to the company was £Nil (2024 - £223,720).

10.	RELATED PARTY DISCLOSURES

At the balance sheet date an amount of £206,336 (2024 - £399,874) was due to/from companies in which the director has an interest.