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Registered number: 08891515

GOULD & WILLIAMS ENGINEERS LIMITED

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

Prepared By:

Martin & Fahy Accountants LLP

7 Milbanke Court

Milbanke Way

Bracknell

Berkshire

RG12 1RP

GOULD & WILLIAMS ENGINEERS LIMITED

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

DIRECTORS

Timothy Gould

Helen Gould

REGISTERED OFFICE

7 Milbanke Court

Milbanke Way

Bracknell

Berkshire

RG12 1RP

COMPANY DETAILS

Private company limited by shares registered in EW - England and Wales, registered number 08891515

ACCOUNTANTS

Martin & Fahy Accountants LLP

7 Milbanke Court

Milbanke Way

Bracknell

Berkshire

RG12 1RP

GOULD & WILLIAMS ENGINEERS LIMITED

BALANCE SHEET AT 31/03/2025
						2025				2024
		Notes				£				£
FIXED ASSETS
Tangible assets		3				603,709				554,092
CURRENT ASSETS
Stock				13,255				14,198
Debtors		5		244,521				191,011
Cash at bank and in hand				416,499				474,046
				674,275				679,255
CREDITORS: Amounts falling due within one year		6		206,220				256,909
NET CURRENT ASSETS						468,055				422,346
TOTAL ASSETS LESS CURRENT LIABILITIES						1,071,764				976,438
CREDITORS: Amounts falling due after more than one year		7				120,814				140,113
PROVISIONS FOR LIABILITIES AND CHARGES		9				38,916				25,463
NET ASSETS						912,034				810,862
CAPITAL AND RESERVES
Called up share capital		10				100				100
Profit and loss account						911,934				810,762
SHAREHOLDERS' FUNDS						912,034				810,862
For the year ending 31/03/2025 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 16/12/2025 and signed on their behalf by
.............................
Timothy Gould
Director

GOULD & WILLIAMS ENGINEERS LIMITED

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildings		straight line 2%
Plant and Machinery		reducing balance 25%
Commercial Vehicles		reducing balance 25%

1c. Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1d. Pension Costs

The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1e. Goodwill

Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

GOULD & WILLIAMS ENGINEERS LIMITED

2. INTANGIBLE FIXED ASSETS
		Purchased
		Goodwill		Total
		£		£
Cost
At 01/04/2024		141,123		141,123
At 31/03/2025		141,123		141,123
Depreciation
At 01/04/2024		141,123		141,123
At 31/03/2025		141,123		141,123
Net Book Amounts
At 31/03/2025		-		-

3. TANGIBLE FIXED ASSETS
		Land And		Plant and		Commercial
		Buildings		Machinery		Vehicles		Total
		£		£		£		£
Cost
At 01/04/2024		459,832		473,962		6,897		940,691
Additions		-		105,701		-		105,701
At 31/03/2025		459,832		579,663		6,897		1,046,392
Depreciation
At 01/04/2024		7,591		377,284		1,724		386,599
For the year		4,196		50,595		1,293		56,084
At 31/03/2025		11,787		427,879		3,017		442,683
Net Book Amounts
At 31/03/2025		448,045		151,784		3,880		603,709
At 31/03/2024		452,241		96,678		5,173		554,092

4. STOCK				2025		2024
				£		£
Stock comprises:
Stock raw materials				13,255		14,198
				13,255		14,198

GOULD & WILLIAMS ENGINEERS LIMITED

5. DEBTORS				2025		2024
				£		£
Amounts falling due within one year
Trade debtors				227,944		174,793
Other debtors				359		-
Prepayments				16,218		16,218
				244,521		191,011

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2025		2024
				£		£
UK corporation tax				32,876		68,403
VAT				40,671		59,656
PAYE control				11,135		12,129
Salaries and wages control				-		1,641
Directors current account				1,254		682
Loans				29,087		29,087
Trade creditors				80,404		63,351
Pension schemes				1,867		1,913
Accruals				8,926		20,047
				206,220		256,909

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
				2025		2024
				£		£
Loans >1yr				120,814		140,113
				120,814		140,113

8. EMPLOYEES
				2025		2024
				No.		No.
Average number of employees				13		13

GOULD & WILLIAMS ENGINEERS LIMITED

9. PROVISIONS FOR LIABILITIES				2025		2024
				£		£
Deferred taxation				38,916		25,463
				38,916		25,463

10. SHARE CAPITAL				2025		2024
				£		£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each				100		100
				100		100