REGISTERED NUMBER: 03956979 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Gatehouse Architectural Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Adkins

N J Jones

SECRETARY:

N Adkins

REGISTERED OFFICE:

Unit D Wartell Bank

Dawley Road

Kingswinford

West Midlands

DY6 7QQ

REGISTERED NUMBER:

03956979 (England and Wales)

ACCOUNTANTS:

Pride Accountants

Polymer Court

Hope Street

Dudley

West Midlands

DY2 8RS

FIXED ASSETS

Tangible assets

4

45,632

50,064

CURRENT ASSETS

Stocks

37,364

35,439

Debtors

5

366,347

350,583

Cash at bank and in hand

194,624

152,145

598,335

538,167

CREDITORS

Amounts falling due within one year

6

250,195

209,033

NET CURRENT ASSETS

348,140

329,134

TOTAL ASSETS LESS CURRENT LIABILITIES

393,772

379,198

CREDITORS

Amounts falling due after more than one year

7

(10,707

)

(32,233

)

PROVISIONS FOR LIABILITIES

9

(11,309

)

(9,412

)

NET ASSETS

371,756

337,553

CAPITAL AND RESERVES

Called up share capital

10

4

4

Retained earnings

371,752

337,549

SHAREHOLDERS' FUNDS

371,756

337,553

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 18 June 2025 and were signed on its behalf by:

N Adkins - Director

N J Jones - Director

1.	STATUTORY INFORMATION

Gatehouse Architectural 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Long leasehold

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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.

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 13 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

12,642

72,597

19,054

50,264

154,557

Additions

-

4,260

6,519

-

10,779

At 31 March 2025

12,642

76,857

25,573

50,264

165,336

DEPRECIATION

At 1 April 2024

12,114

58,507

18,755

15,117

104,493

Charge for year

132

4,588

1,704

8,787

15,211

At 31 March 2025

12,246

63,095

20,459

23,904

119,704

NET BOOK VALUE

At 31 March 2025

396

13,762

5,114

26,360

45,632

At 31 March 2024

528

14,090

299

35,147

50,064

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

325,564

310,215

Other debtors

40,783

40,368

366,347

350,583

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

11,527

11,527

Trade creditors

99,924

105,670

Taxation and social security

62,962

57,368

Other creditors

65,782

24,468

250,195

209,033

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,667

11,667

Hire purchase contracts

9,040

20,566

10,707

32,233

8.	SECURED DEBTS

Lloyds Bank Plc hold a debenture in the form of a fixed and floating charge in the banks standard form, created on the 8th September 2010.

9.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

11,309

9,412

Deferred

tax

£

Balance at 1 April 2024

9,412

Provided during year

1,897

Balance at 31 March 2025

11,309

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

4

Ordinary

£1

4

4

11.	RELATED PARTY DISCLOSURES

Debtors (including non interest bearing loans) as at 31st March 2025 include £24,093 (2024 - £30,912) due from Gatehouse Midlands Limited. The loan is interest free and repayable on demand.

Creditors (including non interest bearing loans) as at 31st March 2025 include £32,000 (2024 - £nil) due to Gatehouse Midlands Limited. The loan is interest free and repayable on demand.

Gatehouse Architectural Limited and Gatehouse Midlands Limited share common directors and shareholders.

12.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.