Company Registration No. 04910035 (England and Wales)
GOULD BARBERS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
GOULD BARBERS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
GOULD BARBERS LIMITED
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
-
0
1,165
Current assets
Debtors
4
170,571
200,353
Cash at bank and in hand
4,254
1,784
174,825
202,137
Creditors: amounts falling due within one year
5
(210,663)
(261,017)
Net current liabilities
(35,838)
(58,880)
Total assets less current liabilities
(35,838)
(57,715)
Creditors: amounts falling due after more than one year
6
(9,634)
(10,488)
Net liabilities
(45,472)
(68,203)
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
(45,474)
(68,205)
Total equity
(45,472)
(68,203)
GOULD BARBERS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JULY 2025
31 July 2025
- 2 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 3 November 2025 and are signed on its behalf by:
Mr P J Mahoney
Director
Company Registration No. 04910035
GOULD BARBERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 3 -
1
Accounting policies
Company information

Gould Barbers Limited is a private company limited by shares incorporated in England and Wales. The registered office is 14 King Street, King' s Lynn, Norfolk, PE30 1ES. The business address is 14 King Street, King's Lynn, Norfolk, PE30 1ES.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The financial statements have been prepared on the going concern basis as the directors have agreed to continue to support the company to ensure that it will continue to trade for at least 12 months from the date of approving the financial statements. The support provided by the directors and shareholders has been confirmed to continue and thus the going concern method of accounting has been continued.true

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
15% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

GOULD BARBERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 4 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.8
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

GOULD BARBERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2024 and 31 July 2025
16,364
Depreciation and impairment
At 1 August 2024
15,199
Depreciation charged in the year
1,165
At 31 July 2025
16,364
Carrying amount
At 31 July 2025
-
0
At 31 July 2024
1,165
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
170,571
200,353
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
909
1,866
Trade creditors
4,769
2,577
Taxation and social security
-
0
7,800
Other creditors
204,985
248,774
210,663
261,017
GOULD BARBERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 6 -
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
9,634
10,488
7
Directors' transactions

Advances or credits have been granted by the company to its directors as follows:

Advances
% Rate
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
Directors' loan
-
22,341
1,900
(24,241)
-
22,341
1,900
(24,241)
-
8
Parent company

The company is owned fully by Gould Barbers Holdings Limited. The ultimate controlling party is Mr D & Mr L Gould.

2025-07-31 2024-08-01 false false false 03 November 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity D.M. Gould Esq.L.M. Gould Esq.Mr Mark Little Mr P Mahoney Mr D M Gould 04910035 2024-08-01 2025-07-31 04910035 2025-07-31 04910035 2024-07-31 04910035 core:OtherPropertyPlantEquipment 2025-07-31 04910035 core:OtherPropertyPlantEquipment 2024-07-31 04910035 core:CurrentFinancialInstruments 2025-07-31 04910035 core:CurrentFinancialInstruments 2024-07-31 04910035 core:Non-currentFinancialInstruments 2025-07-31 04910035 core:Non-currentFinancialInstruments 2024-07-31 04910035 core:ShareCapital 2025-07-31 04910035 core:ShareCapital 2024-07-31 04910035 core:RetainedEarningsAccumulatedLosses 2025-07-31 04910035 core:RetainedEarningsAccumulatedLosses 2024-07-31 04910035 bus:Director3 2024-08-01 2025-07-31 04910035 core:FurnitureFittings 2024-08-01 2025-07-31 04910035 2023-08-01 2024-07-31 04910035 core:OtherPropertyPlantEquipment 2024-07-31 04910035 core:OtherPropertyPlantEquipment 2024-08-01 2025-07-31 04910035 core:WithinOneYear 2025-07-31 04910035 core:WithinOneYear 2024-07-31 04910035 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 04910035 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 04910035 bus:FRS102 2024-08-01 2025-07-31 04910035 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 04910035 bus:Director1 2024-08-01 2025-07-31 04910035 bus:Director2 2024-08-01 2025-07-31 04910035 bus:Director4 2024-08-01 2025-07-31 04910035 bus:CompanySecretary1 2024-08-01 2025-07-31 04910035 bus:FullAccounts 2024-08-01 2025-07-31 xbrli:pure xbrli:shares iso4217:GBP