GAS STRUT ENGINEERING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST MAY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

8

DIRECTOR:

M J Lacey

SECRETARY:

M J Lacey

REGISTERED OFFICE:

First Floor, Woburn Court

2 Railton Road,

Woburn Road Industrial Estate, Kempston

Bedford

MK42 7PN

REGISTERED NUMBER:

06091681 (England and Wales)

ACCOUNTANTS:

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

107,929

85,060

107,929

85,060

CURRENT ASSETS

Stocks

178,000

185,000

Debtors

6

276,231

330,477

Cash at bank and in hand

540,533

329,716

994,764

845,193

CREDITORS

Amounts falling due within one year

7

624,864

479,876

NET CURRENT ASSETS

369,900

365,317

TOTAL ASSETS LESS CURRENT LIABILITIES

477,829

450,377

PROVISIONS FOR LIABILITIES

17,087

21,034

NET ASSETS

460,742

429,343

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

460,642

429,243

SHAREHOLDERS' FUNDS

460,742

429,343

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 22nd December 2025 and were signed by:

M J Lacey - Director

1.	STATUTORY INFORMATION

Gas Strut Engineering 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten 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.

Improvements to property

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

33% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 12 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st June 2024

and 31st May 2025

800,000

AMORTISATION

At 1st June 2024

and 31st May 2025

800,000

NET BOOK VALUE

At 31st May 2025

-

At 31st May 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1st June 2024

13,900

194,227

15,224

Additions

13,665

15,625

-

Disposals

-

-

-

At 31st May 2025

27,565

209,852

15,224

DEPRECIATION

At 1st June 2024

13,900

130,154

12,904

Charge for year

1,139

19,107

581

Eliminated on disposal

-

-

-

At 31st May 2025

15,039

149,261

13,485

NET BOOK VALUE

At 31st May 2025

12,526

60,591

1,739

At 31st May 2024

-

64,073

2,320

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1st June 2024

55,389

14,618

293,358

Additions

32,995

2,144

64,429

Disposals

(38,099

)

-

(38,099

)

At 31st May 2025

50,285

16,762

319,688

DEPRECIATION

At 1st June 2024

38,078

13,262

208,298

Charge for year

3,998

1,667

26,492

Eliminated on disposal

(23,031

)

-

(23,031

)

At 31st May 2025

19,045

14,929

211,759

NET BOOK VALUE

At 31st May 2025

31,240

1,833

107,929

At 31st May 2024

17,311

1,356

85,060

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

272,308

322,620

Doubtful debt provision

(4,096

)

-

Other debtors

1,050

-

Prepayments and accrued income

6,969

7,857

276,231

330,477

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

109,219

106,751

Amounts owed to group undertakings

338,186

199,298

Corporation tax

115,033

99,914

Social security and other taxes

4,664

4,894

VAT

42,655

48,664

Other creditors

1,171

1,208

Accruals and deferred income

13,936

19,147

624,864

479,876

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

ORDINARY

£1

100

100

9.	CAPITAL COMMITMENTS

2025

2024

£

£

Contracted but not provided for in the

financial statements

-

27,000

10.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date, the company had other financial commitments of £Nil (2024 : £2,112).

11.	ULTIMATE PARENT COMPANY

The ultimate parent company at the balance sheet date was Gas Strut Engineering Holdings Limited. Their registered office is First Floor, Woburn Court, 2 Railton Road, Woburn Road Industrial Estate, Kempston, Bedfordshire, MK42 7PN

The company does not prepare consolidated statements, taking advantage of the exemption under Section 399(2A) of the Companies Act 2006.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Gas Strut Engineering Limited for the year ended 31st May 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Gas Strut Engineering Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Gas Strut Engineering Limited and state those matters that we have agreed to state to the director of Gas Strut Engineering Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gas Strut Engineering Limited and its director for our work or for this report.

It is your duty to ensure that Gas Strut Engineering Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Gas Strut Engineering Limited. You consider that Gas Strut Engineering Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Gas Strut Engineering Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

23rd December 2025