GEMINI U.P.V.C. LIMITED


Directors	GRIFFITHS, Michael Jason
	GRIFFITHS, Paul Simon


Company Secretary	GRIFFITHS, Michael Jason


Registered Address	Unit K1
	Westwood Industrial Estate
	Arkwright Street Oldham
	OL9 9LZ


Registered Number	01919831 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		375,429		397,753
			375,429		397,753
Current assets
Stocks		211,199		220,069
Debtors	4	227,688		235,141
Cash at bank and on hand		6		5,006
		438,893		460,216
Creditors amounts falling due within one year	5	(606,381)		(564,015)
Net current assets (liabilities)			(167,488)		(103,799)
Total assets less current liabilities			207,941		293,954
Creditors amounts falling due after one year	6		(110,619)		(101,227)
Provisions for liabilities			(22,320)		(22,320)
Net assets			75,002		170,407
Capital and reserves
Profit and loss account			75,002		170,407
Shareholders' funds			75,002		170,407

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 17 December 2025, and are signed on its behalf by:

GRIFFITHS, Michael Jason
Director

GRIFFITHS, Paul Simon
Director

Registered Company No. 01919831

GEMINI U.P.V.C. LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the company&amp;amp;apos;s pension scheme are charged to profit or loss in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	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.

	Finance leases and hire purchase contracts
	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. Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Finance leases and hire purchase contracts

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	27		29

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	649,561
	At 31 March 25	649,561
	Depreciation and impairment
	At 01 April 24	251,808
	Charge for year	22,324
	At 31 March 25	274,132
	Net book value
	At 31 March 25	375,429
	At 31 March 24	397,753

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	207,885	224,470
Prepayments and accrued income	19,803	10,671
Total	227,688	235,141

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	397,686	458,988
Bank borrowings and overdrafts	64,825	31,472
Taxation and social security	113,518	53,618
Finance lease and HP contracts	29,600	4,323
Other creditors	752	1,567
Accrued liabilities and deferred income	-	14,047
Total	606,381	564,015

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	6,219	31,227
Other creditors	104,400	70,000
Total	110,619	101,227

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	134,000		74,323