REGISTERED NUMBER: 13962697 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

GUTTERFLOW SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Thomas Mccarthy

REGISTERED OFFICE:

5 Hogarth Drive

Barton Seagrave

Kettering

Northamptonshire

NN15 5UQ

REGISTERED NUMBER:

13962697 (England and Wales)

ACCOUNTANTS:

Bewers Turner & Co LLP

Chartered Accountants

Portland House

11-13 Station Road

Kettering

Northamptonshire

NN15 7HH

FIXED ASSETS

Tangible assets

4

1,217

9,777

CURRENT ASSETS

Stocks

3,750

4,390

Debtors

5

25,603

8,215

Cash at bank

17,372

8,799

46,725

21,404

CREDITORS

Amounts falling due within one year

6

47,832

31,049

NET CURRENT LIABILITIES

(1,107

)

(9,645

)

TOTAL ASSETS LESS CURRENT LIABILITIES

110

132

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10

32

SHAREHOLDERS' FUNDS

110

132

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19th December 2025 and were signed by:

Mr Thomas Mccarthy - Director

1.	STATUTORY INFORMATION

Gutterflow Services Ltd 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.

The financial statements have been prepared on a going concern basis not withstanding that at 31 March 2024 the company had net current liabilities of £1,107 (2024 £9,645). The director believes this basis to be appropriate and has agreed to provide funds as necessary to meet the day to day running costs of the business for the foreseeable future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on cost

Stocks

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

Financial instruments

The company is party to only basic financial instruments such as cash, trade debtors and creditors and loans. Instruments such as trade debtors and trade creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as bank loans, are measured at amortised cost using the effective interest rate.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2024

692

10,750

1,583

13,025

Disposals

-

(10,750

)

-

(10,750

)

At 31st March 2025

692

-

1,583

2,275

DEPRECIATION

At 1st April 2024

161

2,724

363

3,248

Charge for year

138

-

396

534

Eliminated on disposal

-

(2,724

)

-

(2,724

)

At 31st March 2025

299

-

759

1,058

NET BOOK VALUE

At 31st March 2025

393

-

824

1,217

At 31st March 2024

531

8,026

1,220

9,777

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

17,373

2,975

Other debtors

4,660

5,240

Directors' current accounts

3,570

-

25,603

8,215

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,861

274

Corporation tax

16,445

10,939

PAYE and NIC

1,004

487

VAT

25,022

16,237

Directors' current accounts

-

112

Accrued expenses

1,500

3,000

47,832

31,049

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the amount due to the company from the directors was £3,570. Interest has been charged on the loan advanced at the official HMRC rate and there are no repayment terms.

8.	RELATED PARTY DISCLOSURES

All material related party transactions with owners holding a participating interest, companies in which the entity has a participating interest and directors were all concluded under normal market conditions.