GLR Installations (Melton Mowbray) - Accounts to registrar (filleted)

REGISTERED NUMBER: 07176719 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

GLR Installations (Melton Mowbray)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G L Reek

Mrs S H L Reek

REGISTERED OFFICE:

SRB Associates (Leicestershire) Limited

Pera Business Park

Nottingham Road

Melton Mowbray

Leicestershire

LE13 0PB

BUSINESS ADDRESS:

86 Snow Hill

Melton Mowbray

Leicestershire

LE13 1PH

REGISTERED NUMBER:

07176719 (England and Wales)

ACCOUNTANTS:

SRB Associates (Leicestershire) Limited

Pera Business Park

Nottingham Road

Melton Mowbray

Leicestershire

LE13 0PB

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

6,516

8,688

6,516

8,688

CURRENT ASSETS

Stocks

6

84,291

43,998

Debtors

7

63,878

84,593

Cash at bank and in hand

37,878

57,569

186,047

186,160

CREDITORS

Amounts falling due within one year

8

152,883

136,042

NET CURRENT ASSETS

33,164

50,118

TOTAL ASSETS LESS CURRENT
LIABILITIES

39,680

58,806

PROVISIONS FOR LIABILITIES

9

1,238

1,630

NET ASSETS

38,442

57,176

CAPITAL AND RESERVES

Called up share capital

10

100

Retained earnings

38,342

57,076

SHAREHOLDERS' FUNDS

38,442

57,176

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 December 2025 and were signed on its behalf by:

Mr G L Reek - Director

1.	STATUTORY INFORMATION

GLR Installations (Melton Mowbray) 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each assets over its expected useful life, as follow:

Fixtures and fittings - 15% Reducing balance basis

Motor vehicles - 25% Reducing balance basis

Computer equipment - 33% Straight line basis

Stocks

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

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.

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 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

20,000

AMORTISATION

At 1 April 2024

and 31 March 2025

20,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2024

and 31 March 2025

1,227

27,095

2,263

30,585

DEPRECIATION

At 1 April 2024

923

18,711

2,263

21,897

Charge for year

76

2,096

-

2,172

At 31 March 2025

999

20,807

2,263

24,069

NET BOOK VALUE

At 31 March 2025

228

6,288

-

6,516

At 31 March 2024

304

8,384

-

8,688

6.

STOCKS

31.3.25

31.3.24

£

Stocks

46,387

25,725

Work-in-progress

37,904

18,273

84,291

43,998

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

57,797

82,963

Other debtors

3,054

602

Prepayments

3,027

1,028

63,878

84,593

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

146,187

125,293

Tax

455

1,914

Social security and other taxes

1,861

3,186

Other creditors

-

1,675

Directors' current accounts

590

299

Accrued expenses

3,790

3,675

152,883

136,042

9.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

Deferred tax

1,238

1,630

Deferred

tax

£

Balance at 1 April 2024

1,630

Credit to Income Statement during year

(392

)

Balance at 31 March 2025

1,238

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary

£1

100

11.	RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £590 (2024 : £299) due to Mr G L and Mrs S H Reek. The amounts due to the directors are interest free and repayable on demand.