Company registration number: NI633988
Unaudited financial statements
for the year ended 31 October 2024
for
Gilberry Fayre Ltd
Pages for filing with the Registrar
Company registration number: NI633988
Gilberry Fayre Ltd
Balance sheet
as at 31 October 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 52,983 50,736
52,983 50,736
Current assets
Stocks 8,831 8,054
Debtors 6,347 14,362
Cash at bank and in hand 456,395 424,882
471,573 447,298
Creditors: amounts falling due within one
year 		(114,296) (120,791)
Net current assets 357,277 326,507
Total assets less current liabilities 410,260 377,243
Creditors: Amounts falling due after more
than one year 		5 (26,478) (39,287)
NET ASSETS 383,782 337,956
Capital and reserves
Called up share capital 100 100
Profit and loss account 383,682 337,856
TOTAL EQUITY 383,782 337,956
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 October 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: NI633988
Gilberry Fayre Ltd
Balance sheet - continued
as at 31 October 2024
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 30 October 2025 and signed on its behalf by:
Mr P McEvoy, Director Mr P Mcevoy, Director
30 October 2025 Date:
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Gilberry Fayre Ltd
Notes to the financial statements
for the year ended 31 October 2024
1 Company information
Gilberry Fayre Ltd is a private company registered in Northern Ireland. Its registered number is NI633988. The company is limited by shares. Its registered office is 92 Banbridge Road, Gilford, Craigavon, BT63 6DL.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 etc.:
Plant and machinery -
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Gilberry Fayre Ltd
Notes to the financial statements - continued
for the year ended 31 October 2024
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was 10 (2023 - 10).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 November 2023 115,248
Additions 11,596
At 31 October 2024 126,844
Depreciation
At 1 November 2023 64,512
Charge for year 9,349
At 31 October 2024 73,861
Net book value
At 31 October 2024 52,983
At 31 October 2023 50,736
5 Creditors: amounts falling due after more than five years
2024 2023
£ £
Repayable by instalments
Bank loans 24,778 33,507
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