Company Registration No. 8445547 (England and Wales)
M GIBSON & SONS LIMITED
Unaudited accounts
for the year ended 31 March 2025
M GIBSON & SONS LIMITED
Unaudited accounts
Contents
M GIBSON & SONS LIMITED
Company Information
for the year ended 31 March 2025
Directors
J. WILLIAMS
S. CARTWRIGHT
Company Number
8445547 (England and Wales)
Registered Office
176 HERBERT JENNINGS AVENUE
ACTON
WREXHAM
CLWYD
LL12 7YD
M GIBSON & SONS LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
21,745
21,745
Cash at bank and in hand
20,636
38,418
Creditors: amounts falling due within one year
(12,337)
(15,474)
Net current assets
8,299
22,944
Total assets less current liabilities
30,044
44,689
Creditors: amounts falling due after more than one year
(7,018)
(13,012)
Called up share capital
2
2
Capital redemption reserve
42,168
42,168
Profit and loss account
(19,144)
(10,493)
Shareholders' funds
23,026
31,677
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by
J. WILLIAMS
Director
Company Registration No. 8445547
M GIBSON & SONS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
M GIBSON & SONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8445547. The registered office is 176 HERBERT JENNINGS AVENUE, ACTON, WREXHAM, CLWYD, LL12 7YD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
22,850
24,680
2,350
49,880
At 31 March 2025
22,850
24,680
2,350
49,880
At 1 April 2024
25,785
-
2,350
28,135
At 31 March 2025
25,785
-
2,350
28,135
At 31 March 2025
(2,935)
24,680
-
21,745
At 31 March 2024
(2,935)
24,680
-
21,745
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,994
5,994
Taxes and social security
4,271
7,279
M GIBSON & SONS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).