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COMPANY REGISTRATION NUMBER: 11099956

GG AND DAD LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 December 2025

GG AND DAD LTD

FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2025

Contents | Page

Officers and professional advisers | 1

Statement of financial position | 2

Notes to the financial statements | 4

GG AND DAD LTD

OFFICERS AND PROFESSIONAL ADVISERS

The board of directors | G Gane
| J Gane
| M Scrace

Registered office | 24 Crofts End Road Industrial Estate
| Crofts End Road
| Bristol
| BS5 7UW

Accountants | UHY Hacker Young (S.E.) Limited
| Chartered accountants
| 168 Church Road
| Hove
| East Sussex
| BN3 2DL

GG AND DAD LTD

STATEMENT OF FINANCIAL POSITION

31 December 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 34,833 | 10,634

Current assets

Debtors | 6 | 8,794 |  | 9,475
Cash at bank and in hand | 325 |  | 200
| ------- |  | -------
| 9,119 |  | 9,675

Creditors: amounts falling due within one year | 7 | 104,137 |  | 91,463
| ---------- |  | ---------
Net current liabilities |  | 95,018 | 81,788
|  | --------- | ---------
Total assets less current liabilities |  | ( 60,185) | ( 71,154)

Creditors: amounts falling due after more than one year | 9 |  | 12,992 | 16,589
|  | --------- | ---------
Net liabilities |  | ( 73,177) | ( 87,743)
|  | --------- | ---------

Capital and reserves

Called up share capital |  | 200 | 200
Profit and loss account |  | ( 73,377) | ( 87,943)
|  | --------- | ---------
Shareholders deficit |  | ( 73,177) | ( 87,743)
|  | --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

GG AND DAD LTD

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2025
These financial statements were approved by the board of directors and authorised for issue on 29 January 2026 , and are signed on behalf of the board by:

G Gane | J Gane
Director | Director

Company registration number: 11099956

GG AND DAD LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 24 Crofts End Road Industrial Estate, Crofts End Road, Bristol, BS5 7UW.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The financial statements have been prepared under the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends upon the continuing support of the company's bankers and directors. If the company were unable to continue in operational existence for the foreseeable future, adjustments would have to be made to reduce the balance sheet values of the assets to their recoverable amounts and to provide for further liabilities that might arise. The directors believe that it is appropriate for the financial statements to be prepared on the going concern basis.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. No significant judgements have had to be made by the director in preparing these financial statements.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Franchise | - | 20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 25% straight line
| Motor vehicles | - | 25% reducing balance
| Equipment | - | 33% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Financial instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Intangible assets

| Franchise
| £
Cost |
At 1 January 2025 and 31 December 2025 | 10,000
| ---------
Amortisation |
At 1 January 2025 and 31 December 2025 | 10,000
| ---------
Carrying amount |
At 31 December 2025 | –
| ---------
At 31 December 2024 | –
| ---------

5. Tangible assets

| Plant and machinery | Equipment | Total
| £ | £ | £
Cost |  |  |
At 1 January 2025 | 128,017 | 707 | 128,724
Additions | 37,190 | – | 37,190
| ---------- | ---- | ----------
At 31 December 2025 | 165,207 | 707 | 165,914
| ---------- | ---- | ----------
Depreciation |  |  |
At 1 January 2025 | 117,435 | 655 | 118,090
Charge for the year | 12,974 | 17 | 12,991
| ---------- | ---- | ----------
At 31 December 2025 | 130,409 | 672 | 131,081
| ---------- | ---- | ----------
Carrying amount |  |  |
At 31 December 2025 | 34,798 | 35 | 34,833
| ---------- | ---- | ----------
At 31 December 2024 | 10,582 | 52 | 10,634
| ---------- | ---- | ----------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 8,794 | 9,215
Other debtors | – | 260
| ------- | -------
| 8,794 | 9,475
| ------- | -------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 5,031 | 6,223
Trade creditors | 17,766 | 34,334
Social security and other taxes | 2,490 | 1,479
Other creditors | 78,850 | 49,427
| ---------- | ---------
| 104,137 | 91,463
| ---------- | ---------

8. Directors' loans
At the year end the company owed the directors £19,479 (2024: £20,000). The loan is interest free and payable on demand.
9. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 12,992 | 16,589
| --------- | ---------

10. Loan guarantee
The Bounce Back Loan Scheme provides the lender with a government-backed guarantee against the outstanding facility balance.
11. Deferred tax
The total amount of unprovided deferred tax, which results from available tax losses and capital allowances is an asset of £20,327. The deferred tax asset will become recoverable when the company starts to make sufficient profits to allow the carried forward losses to be utilised.