REGISTERED NUMBER: 03538211 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

N & R Gupta Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Gupta

Mrs R Gupta

Mrs S Gupta

SECRETARY:

N Gupta

REGISTERED OFFICE:

First Floor, Teesview

Sabatier Close

Thornaby

Stockton On Tees

TS17 6EW

REGISTERED NUMBER:

03538211 (England and Wales)

ACCOUNTANTS:

Frank Brown & Walford

Tees View

Sabatier Close

Stockton

TS17 6EW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

155,685

146,464

Investments

6

3,955,018

3,955,018

4,110,703

4,101,482

CURRENT ASSETS

Stocks

37,921

64,449

Debtors

7

1,916,499

1,804,406

Cash at bank and in hand

133,447

268,145

2,087,867

2,137,000

CREDITORS

Amounts falling due within one year

8

289,887

263,334

NET CURRENT ASSETS

1,797,980

1,873,666

TOTAL ASSETS LESS CURRENT LIABILITIES

5,908,683

5,975,148

CREDITORS

Amounts falling due after more than one year

9

(1,510,045

)

(1,603,738

)

PROVISIONS FOR LIABILITIES

(270

)

(1,265

)

NET ASSETS

4,398,368

4,370,145

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,398,268

4,370,045

4,398,368

4,370,145

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

N Gupta - Director

1.	STATUTORY INFORMATION

N & R Gupta 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1998, is being amortised evenly over its estimated useful life of twenty 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.

Long leasehold

-

2% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

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.

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 16 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

383,800

AMORTISATION

At 1 April 2024

and 31 March 2025

383,800

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Motor

leasehold

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

153,408

20,658

7,500

181,566

Additions

-

3,119

14,210

17,329

At 31 March 2025

153,408

23,777

21,710

198,895

DEPRECIATION

At 1 April 2024

13,440

14,621

7,041

35,102

Charge for year

3,068

1,373

3,667

8,108

At 31 March 2025

16,508

15,994

10,708

43,210

NET BOOK VALUE

At 31 March 2025

136,900

7,783

11,002

155,685

At 31 March 2024

139,968

6,037

459

146,464

6.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

3,954,968

50

3,955,018

NET BOOK VALUE

At 31 March 2025

3,954,968

50

3,955,018

At 31 March 2024

3,954,968

50

3,955,018

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

109,506

96,872

Other debtors

1,806,993

1,707,534

1,916,499

1,804,406

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

115,000

110,000

Trade creditors

142,838

139,462

Taxation and social security

25,458

8,203

Other creditors

6,591

5,669

289,887

263,334

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,006,115

1,127,072

Amounts owed to group undertakings

503,930

476,666

1,510,045

1,603,738

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

1,110,732

1,213,830

Banking facilities are secured by a legal charge dated 21 February 2023 in favour of Lloyds PLC over the assets of the company and its subsidiary Scott-Chem Limited. The amount of the borrowings at 31 March 2025 was £1,110,732.(31 March 2024:£1,213,830).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

N Gupta

Balance outstanding at start of year

1,079,796

1,272,148

Amounts advanced

75,893

279,048

Amounts repaid

-

(471,400

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,155,689

1,079,796

12.	CONTROLLING PARTY

The company is under the control of N & R Gupta by virtue of their interest in the share capital of the company.