Company Registration No. 05792456 (England and Wales)
GLADSTONE STORES LTD
Unaudited accounts
for the year ended 30 April 2025
GLADSTONE STORES LTD
Unaudited accounts
Contents
GLADSTONE STORES LTD
Company Information
for the year ended 30 April 2025
Company Number
05792456 (England and Wales)
Registered Office
9 GLADSTONE PARADE
EDGWARE ROAD
LONDON
NW2 6JS
GLADSTONE STORES LTD
Statement of financial position
as at 30 April 2025
Tangible assets
995,428
1,004,055
Cash at bank and in hand
5,615
15,019
Creditors: amounts falling due within one year
(53,305)
(45,736)
Net current liabilities
(23,645)
(12,190)
Total assets less current liabilities
971,783
991,865
Creditors: amounts falling due after more than one year
(839,885)
(888,685)
Net assets
131,898
103,180
Called up share capital
2
2
Profit and loss account
131,896
103,178
Shareholders' funds
131,898
103,180
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 December 2025 and were signed on its behalf by
T SIVARAJAH
Director
Company Registration No. 05792456
GLADSTONE STORES LTD
Notes to the Accounts
for the year ended 30 April 2025
GLADSTONE STORES LTD is a private company, limited by shares, registered in England and Wales, registration number 05792456. The registered office is 9 GLADSTONE PARADE, EDGWARE ROAD, LONDON, NW2 6JS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% ON REDUCING BALANCE
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 May 2024
969,548
73,415
1,042,963
At 30 April 2025
969,548
73,415
1,042,963
At 1 May 2024
-
38,908
38,908
Charge for the year
-
8,627
8,627
At 30 April 2025
-
47,535
47,535
At 30 April 2025
969,548
25,880
995,428
At 30 April 2024
969,548
34,507
1,004,055
Amounts falling due after more than one year
Accrued income and prepayments
1,505
1,400
GLADSTONE STORES LTD
Notes to the Accounts
for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
6,988
6,571
Other creditors
46,317
39,165
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
839,885
868,685
Allotted, called up and fully paid:
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).