REGISTERED NUMBER: 00143331 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

G.W.FOOTE & CO. LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D Bye

C Swinburn

R J Stovold

R W Forder

D W McKeegan

SECRETARY:

C Swinburn

REGISTERED OFFICE:

409-411 Croydon Road

Beckenham

Kent

BR3 3PP

REGISTERED NUMBER:

00143331 (England and Wales)

AUDITORS:

Edwards Chartered Accountants

Statutory Auditor

409-411 Croydon Road

Beckenham

Kent

BR3 3PP

FIXED ASSETS

Tangible assets

4

217,000

217,000

CURRENT ASSETS

Debtors

5

241

232

Cash at bank and in hand

6,971

9,652

7,212

9,884

CREDITORS

Amounts falling due within one year

6

350,616

325,448

NET CURRENT LIABILITIES

(343,404

)

(315,564

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(126,404

)

(98,564

)

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

7

189,183

189,183

Other reserves

1,502

1,502

Retained earnings

(317,189

)

(289,349

)

SHAREHOLDERS' FUNDS

(126,404

)

(98,564

)

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 22 December 2025 and were signed on its behalf by:

D Bye - Director

1.	STATUTORY INFORMATION

G.W.Foote & Co. 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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Income comprises members' donations, legacies and subscriptions, together with sundry income.

Tangible fixed assets

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

Freehold property

-

not provided

Fixtures and fittings

-

25% on cost

No depreciation is provided in respect of the freehold property held as an investment property, which is included in the balance sheet at open market value.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

217,000

3,720

220,720

DEPRECIATION

At 1 April 2024

and 31 March 2025

-

3,720

3,720

NET BOOK VALUE

At 31 March 2025

217,000

-

217,000

At 31 March 2024

217,000

-

217,000

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

Valuation in 2000

10,500

-

10,500

Valuation in 2006

105,100

-

105,100

Valuation in 2023

71,365

-

71,365

Cost

30,035

3,720

33,755

217,000

3,720

220,720

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

30,035

30,035

Freehold land and buildings were valued on an open market basis on 31 March 2024 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

241

232

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,295

9,193

Amounts owed to group undertakings

343,853

313,853

Other creditors

2,468

2,402

350,616

325,448

7.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

189,183

The other reserve balance of £1,502 (2024: £1,502) represents donations set aside by the directors in respect of the Peter Brearey Memorial Fund.

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John Duggan (Senior Statutory Auditor)

for and on behalf of Edwards Chartered Accountants

9.	ULTIMATE CONTROLLING PARTY

The immediate and most senior parent undertaking is a company limited by guarantee without share capital. Consequently no individual is the ultimate controlling party of the company.

10.	GOING CONCERN

The company continues to report negative shareholders' funds.

However, the accounts have been prepared on the going concern basis due to the ongoing support of the company's parent undertaking.