Gascoignes of Coleshill Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 00332129

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		234,000		273,000
Tangible Assets	5		389,648		332,434

			623,648		605,434
CURRENT ASSETS
Stocks		1,950		1,950
Debtors	6	1,270,975		1,134,090
Cash at bank and in hand		161,745		165,867

		1,434,670		1,301,907
Creditors: Amounts Falling Due Within One Year	7	(56,007 )		(67,440 )

NET CURRENT ASSETS (LIABILITIES)			1,378,663		1,234,467

TOTAL ASSETS LESS CURRENT LIABILITIES			2,002,311		1,839,901

NET ASSETS			2,002,311		1,839,901

CAPITAL AND RESERVES
Called up share capital	8		2,950		2,950
Revaluation reserve	10		530,655		530,655
Profit and Loss Account			1,468,706		1,306,296

SHAREHOLDERS' FUNDS			2,002,311		1,839,901

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Gascoignes of Coleshill Limited

Balance Sheet (continued)

As At 31 March 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr N J Evans Director	Mr D H Evans Director
15/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Gascoignes of Coleshill Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00332129 . The registered office is 20 Albert Road, Tamworth, B79 7JN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Significant judgements and estimations

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	none provided
Leasehold	none provided
Plant & Machinery	25% straight line
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	33% straight line

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax is recognised in profit or loss for the year, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case current tax is recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

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Gascoignes of Coleshill Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	390,000

As at 31 March 2025	390,000

Amortisation
As at 1 April 2024	117,000
Provided during the period	39,000

As at 31 March 2025	156,000

Net Book Value
As at 31 March 2025	234,000

As at 1 April 2024	273,000

5. Tangible Assets

	Land & Property
	Freehold	Leasehold	Plant & Machinery	Motor Vehicles
	£	£	£	£
Cost
As at 1 April 2024	325,000	41,458	16,356	210,161
Additions	-	-	10,715	60,000

As at 31 March 2025	325,000	41,458	27,071	270,161

Depreciation
As at 1 April 2024	-	41,458	16,356	205,744
Provided during the period	-	-	-	14,854

As at 31 March 2025	-	41,458	16,356	220,598

Net Book Value
As at 31 March 2025	325,000	-	10,715	49,563

As at 1 April 2024	325,000	-	-	4,417


	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	32,293	1,236	626,504
Additions	2,840	-	73,555

As at 31 March 2025	35,133	1,236	700,059

Depreciation
As at 1 April 2024	29,816	696	294,070
Provided during the period	1,079	408	16,341

As at 31 March 2025	30,895	1,104	310,411

...CONTINUED

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Gascoignes of Coleshill Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	4,238	132	389,648

As at 1 April 2024	2,477	540	332,434

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	12,164	32,639
Amounts owed by group undertakings	1,146,796	1,100,995
Other debtors	112,015	456

	1,270,975	1,134,090

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	5,044	7,957
Other creditors	3,600	3,600
Taxation and social security	47,363	55,883

	56,007	67,440

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2,950	2,950

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Nigel Evans	-	55,000	-	-	55,000
Mr David Evans	-	55,000	-	-	55,000

10. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	530,655

As at 31 March 2025	530,655

11. Related Party Transactions

Included within debtors is £1,146,796 (2024: £1,100,995) due from M G Evans & Sons Limited, the parent company.

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