REGISTERED NUMBER: 01864246 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Gouldings of Nailsworth Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S T Goulding

Mrs M Goulding

SECRETARY:

REGISTERED OFFICE:

Stroud Road

Nailsworth

Gloucestershire

GL6 0BE

REGISTERED NUMBER:

01864246 (England and Wales)

ACCOUNTANTS:

Brooklyn Consultancy Ltd

Chartered Accountants

Newstones

Park Road

Nailsworth

Gloucestershire

GL6 0HZ

FIXED ASSETS

Tangible assets

4

192,734

207,968

CURRENT ASSETS

Debtors

5

43,786

43,870

Cash at bank

4,454

20,648

48,240

64,518

CREDITORS

Amounts falling due within one year

6

22,425

29,416

NET CURRENT ASSETS

25,815

35,102

TOTAL ASSETS LESS CURRENT LIABILITIES

218,549

243,070

CREDITORS

Amounts falling due after more than one year

7

953

7,075

NET ASSETS

217,596

235,995

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

217,495

235,894

217,596

235,995

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 3 December 2025 and were signed on its behalf by:

S T Goulding - Director

1.	STATUTORY INFORMATION

Gouldings of Nailsworth 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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

415,426

226,297

641,723

DEPRECIATION

At 1 April 2024

215,738

218,017

433,755

Charge for year

11,094

4,140

15,234

At 31 March 2025

226,832

222,157

448,989

NET BOOK VALUE

At 31 March 2025

188,594

4,140

192,734

At 31 March 2024

199,688

8,280

207,968

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

4,786

4,870

Other debtors

39,000

39,000

43,786

43,870

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

6,389

6,389

Trade creditors

3,625

5,337

Tax

5,356

9,286

Social security and other taxes

815

1,165

VAT

3,301

5,197

Other creditors

177

24

Directors' current accounts

1,562

818

Accrued expenses

1,200

1,200

22,425

29,416

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

953

7,075