REGISTERED NUMBER: 03734369 (England and Wales)

G & W GARDNER BUILDING CONTRACTORS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Bedingfield

Mrs R J Bedingfield

S Bedingfield

Ms J Bedingfield

SECRETARY:

Mrs R J Bedingfield

REGISTERED OFFICE:

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SR

REGISTERED NUMBER:

03734369 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

151,590

166,226

151,590

166,226

CURRENT ASSETS

Stocks

70,000

49,865

Debtors

6

98,641

99,311

Cash at bank

25,547

72,361

194,188

221,537

CREDITORS

Amounts falling due within one year

7

(282,575

)

(310,655

)

NET CURRENT LIABILITIES

(88,387

)

(89,118

)

TOTAL ASSETS LESS CURRENT LIABILITIES

63,203

77,108

CREDITORS

Amounts falling due after more than one year

8

(41,413

)

(56,147

)

NET ASSETS

21,790

20,961

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

21,786

20,957

SHAREHOLDERS' FUNDS

21,790

20,961

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 16 August 2025 and were signed on its behalf by:

Ms J Bedingfield - Director

1.	STATUTORY INFORMATION

G & W Gardner Building Contractors Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 cost

Fixture & Fittings

-

33% on cost

Motor vehicles

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 16 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

88,000

AMORTISATION

At 1 April 2024

and 31 March 2025

88,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Fixture &

Motor

property

machinery

Fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

166,259

8,719

9,535

160,680

345,193

Additions

-

960

-

-

960

At 31 March 2025

166,259

9,679

9,535

160,680

346,153

DEPRECIATION

At 1 April 2024

24,810

5,217

9,535

139,405

178,967

Charge for year

3,326

1,632

-

10,638

15,596

At 31 March 2025

28,136

6,849

9,535

150,043

194,563

NET BOOK VALUE

At 31 March 2025

138,123

2,830

-

10,637

151,590

At 31 March 2024

141,449

3,502

-

21,275

166,226

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

87,615

84,873

Other debtors

11,026

14,438

98,641

99,311

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

31,330

20,516

Hire purchase contracts

5,467

5,467

Trade creditors

61,419

58,129

Taxation and social security

56,334

91,642

Other creditors

128,025

134,901

282,575

310,655

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

12,781

23,704

Hire purchase contracts

28,632

32,443

41,413

56,147

9.	CHARGES & DEBENTURES

A charge is held against Unit 46 The Oaks in respect of the company.

A debenture is in place containing fixed and floating charges against all property and assets present and future held by the company.

The above remain in place at the balance sheet date.