REGISTERED NUMBER: 12207733 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Gary Wakelin Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Wakelin

L Wakelin

REGISTERED OFFICE:

124 Woodway Lane

Coventry

Warwickshire

CV2 2EJ

REGISTERED NUMBER:

12207733 (England and Wales)

ACCOUNTANTS:

Geoff Cowley & Co Ltd

Willow Park

Upton Lane

Stoke Golding

Nuneaton

Warwickshire

CV13 6EU

FIXED ASSETS

Tangible assets

4

80,302

106,242

CURRENT ASSETS

Debtors

5

10,436

25,806

Cash at bank

27,540

23,481

37,976

49,287

CREDITORS

Amounts falling due within one year

6

30,861

34,958

NET CURRENT ASSETS

7,115

14,329

TOTAL ASSETS LESS CURRENT LIABILITIES

87,417

120,571

CREDITORS

Amounts falling due after more than one year

7

(60,676

)

(89,934

)

PROVISIONS FOR LIABILITIES

(11,915

)

(16,109

)

NET ASSETS

14,826

14,528

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

14,726

14,428

SHAREHOLDERS' FUNDS

14,826

14,528

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

G Wakelin - Director

L Wakelin - Director

1.	STATUTORY INFORMATION

Gary Wakelin 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.

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.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 October 2024

162,576

303

951

163,830

Additions

526

-

-

526

At 30 September 2025

163,102

303

951

164,356

DEPRECIATION

At 1 October 2024

56,802

117

669

57,588

Charge for year

26,345

28

93

26,466

At 30 September 2025

83,147

145

762

84,054

NET BOOK VALUE

At 30 September 2025

79,955

158

189

80,302

At 30 September 2024

105,774

186

282

106,242

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

7,936

4,436

Other debtors

2,500

21,370

10,436

25,806

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Hire purchase contracts

25,109

25,109

Trade creditors

253

149

Taxation and social security

4,875

67

Other creditors

624

9,633

30,861

34,958

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Hire purchase contracts

60,676

79,934

Other creditors

-

10,000

60,676

89,934