REGISTERED NUMBER: 04848577 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

GARY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

K G Wilkinson

REGISTERED OFFICE:

7 Hull Road

Cottingham

East Yorkshire

HU16 4PA

REGISTERED NUMBER:

04848577 (England and Wales)

ACCOUNTANTS:

Try Lunn & Co

Chartered Accountants

Roland House

Princes Dock Street

Hull

HU1 2LD

FIXED ASSETS

Investment property

4

1,623,592

1,589,274

CURRENT ASSETS

Debtors

5

274,427

161,287

Cash at bank

1,065

10,528

275,492

171,815

CREDITORS

Amounts falling due within one year

6

135,167

23,864

NET CURRENT ASSETS

140,325

147,951

TOTAL ASSETS LESS CURRENT LIABILITIES

1,763,917

1,737,225

CAPITAL AND RESERVES

Called up share capital

7

50

50

Retained earnings

8

1,763,867

1,737,175

SHAREHOLDERS' FUNDS

1,763,917

1,737,225

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

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

The director acknowledges his 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 director and authorised for issue on 16 February 2026 and were signed by:

K G Wilkinson - Director

1.	STATUTORY INFORMATION

GARY LTD 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.

The Directors have assessed the company's working capital requirement for the foreseeable future and consider that the facilities available and forecast to be made available will be adequate to meet working capital requirements for the foreseeable future. This includes a commercial loan from the Company's bankers drawn down in December 2025. The financial statements have therefore been prepared on the Going Concern basis.

Investment property

Investment properties are recognised at their original cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

1,589,274

Additions

34,318

At 31 July 2025

1,623,592

NET BOOK VALUE

At 31 July 2025

1,623,592

At 31 July 2024

1,589,274

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

274,427

161,287

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

49,686

-

Trade creditors

1,666

-

Taxation and social security

79,145

19,880

Other creditors

4,670

3,984

135,167

23,864

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

50

Ordinary

£1

50

50

8.

RESERVES

Retained

earnings

£

At 1 August 2024

1,737,175

Profit for the year

26,692

At 31 July 2025

1,763,867

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 July 2025 K G Wilkinson owed the company £217,180 (2024 - £157,047). Interest of £4,334 (2024 - £3,729) was charged on the loan at H M Revenue & Custom's official rate.

10.	POST BALANCE SHEET EVENTS

Since the balance sheet date the company has renegotiated the terms of its lending with its bankers including drawing down a commercial loan in the sum of of £411,727 which is secured against various of the company's properties.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is K G Wilkinson.