REGISTERED NUMBER: 07265446 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Mark Gower Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M G Gower

Mrs J P Gower

SECRETARY:

Mrs J P Gower

REGISTERED OFFICE:

555 Smithdown Road

Liverpool

Merseyside

L15 5AF

REGISTERED NUMBER:

07265446 (England and Wales)

ACCOUNTANTS:

Corbett & Co Accountants Ltd

Chartered Certified Accountants

555 Smithdown Road

Liverpool

Merseyside

L15 5AF

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

49,432

11,480

49,432

11,480

CURRENT ASSETS

Debtors

6

18,253

2,432

Cash at bank

104,967

108,595

123,220

111,027

CREDITORS

Amounts falling due within one year

7

71,495

96,608

NET CURRENT ASSETS

51,725

14,419

TOTAL ASSETS LESS CURRENT LIABILITIES

101,157

25,899

CREDITORS

Amounts falling due after more than one year

8

10,780

-

NET ASSETS

90,377

25,899

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

89,377

24,899

90,377

25,899

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 10 December 2025 and were signed on its behalf by:

Mrs J P Gower - Director

M G Gower - Director

1.	STATUTORY INFORMATION

Mark Gower 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

Revenue 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 2011, is being amortised evenly over its estimated useful life of five 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on reducing balance, 25% on reducing balance and 15% 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

100,000

AMORTISATION

At 1 June 2024

and 31 May 2025

100,000

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 June 2024

33,215

Additions

65,119

Disposals

(25,466

)

At 31 May 2025

72,868

DEPRECIATION

At 1 June 2024

21,735

Charge for year

16,424

Eliminated on disposal

(14,723

)

At 31 May 2025

23,436

NET BOOK VALUE

At 31 May 2025

49,432

At 31 May 2024

11,480

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 June 2024

25,466

Additions

35,363

Disposals

(25,466

)

At 31 May 2025

35,363

DEPRECIATION

At 1 June 2024

14,723

Charge for year

8,841

Eliminated on disposal

(14,723

)

At 31 May 2025

8,841

NET BOOK VALUE

At 31 May 2025

26,522

At 31 May 2024

10,743

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

7,610

2,432

Other debtors

10,643

-

18,253

2,432

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Hire purchase contracts (see note 9)

4,975

4,620

Trade creditors

-

12,491

Taxation and social security

19,837

24,855

Other creditors

46,683

54,642

71,495

96,608

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Hire purchase contracts (see note 9)

10,780

-

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.5.25

31.5.24

£

£

Net obligations repayable:

Within one year

4,975

4,620

Between one and five years

10,780

-

15,755

4,620

Non-cancellable

operating leases

31.5.25

31.5.24

£

£

Within one year

2,032

6,651

Between one and five years

-

2,217

2,032

8,868