GALVIN PROJECTS LIMITED

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

Registered number: 06960716

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		69,603		75,626

			69,603		75,626
CURRENT ASSETS
Stocks	5	712,873		765,623
Debtors		193,818		198,071
Cash at bank and in hand		3,732,758		3,558,296

		4,639,449		4,521,990
Creditors: Amounts Falling Due Within One Year		(691,235 )		(780,254 )

NET CURRENT ASSETS (LIABILITIES)			3,948,214		3,741,736

TOTAL ASSETS LESS CURRENT LIABILITIES			4,017,817		3,817,362

NET ASSETS			4,017,817		3,817,362

CAPITAL AND RESERVES
Called up share capital	6		2		2
Profit and Loss Account			4,017,815		3,817,360

SHAREHOLDERS' FUNDS			4,017,817		3,817,362

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GALVIN PROJECTS LIMITED

Abridged Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 July 2025 in accordance with section 444(2A) of the Companies Act 2006.

The financial statements were approved by the board of directors on 19 January 2026 and were signed on its behalf by:

Mr Jason Galvin

Director

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

1. General Information

GALVIN PROJECTS LIMITED is a private company, limited by shares, incorporated in England & Wales.

The registered number is 06960716 .

The registered office is 74 Dickenson Road, Rusholme, Manchester, M14 5HF.

Related party transactions are reported in the notes to the accounts.

Dividends paid to the Directors are reported in the notes to the accounts.

There are no other related party transactions to report.

There are no contingent liabilities or post balance sheet events to report.

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. Turnover

Turnover represents net invoiced sales of goods and work done, together with management charges receivable.

Turnover is stated exclusive of Value Added Tax (VAT).

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold	10% Reducing Balance
Plant & Machinery	15% Reducing Balance
Motor Vehicles	20% Reducing Balance
Fixtures & Fittings	15% Reducing Balance

No depreciation is charged in the year of acquisition.

2.4. Stocks and Work in Progress

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

Work in Progress has been valued at prime cost of labour and other direct expenses.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.6. Accounting Reference Date

The accounting reference date continues to be 30 July.

These accounts are nevertheless as at 31 July 2025 or are for the year ended on that date.

2.7. Comparative Figures

The comparative figures used throughout these accounts are as at 31 July 2024 or are for the year ended on that date.

2.8. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, who are employed under a contract of service during the year was as follows:

	2025	2024
Office and administration	1	1

	1	1

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GALVIN PROJECTS LIMITED

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 July 2025

4. Tangible Assets

	Total
	£
Cost
As at 1 August 2024	168,657
Additions	8,441

As at 31 July 2025	177,098

Depreciation
As at 1 August 2024	93,031
Provided during the period	14,464

As at 31 July 2025	107,495

Net Book Value
As at 31 July 2025	69,603

As at 1 August 2024	75,626

5. Stocks

	2025	2024
	£	£
Materials	680,873	680,623
Work in progress	32,000	85,000

	712,873	765,623

6. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.00 each	2	2

7. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date contributions of £257 (2024 £257) were due to the fund and this amount is included in Other Creditors.

8. Related Party Transactions

Associated Companies

HLP4G Limited

HLP4G Limited is an associated company. Its principal activity is the management of labour for Galvin Projects Limited, although it may undertake minor construction projects unconnected with Galvin Projects Limited.

HLP4G Limited Limited was controlled by Jason Galvin who held all of the 10 £1 Ordinary Shares in issue throughout the year.

Transactions between HLP4G Limited and Galvin Projects Limited in the year are summarised as follows:

Labour totalling £2,396,149 (2024 £2,453,500) is chargeable to Galvin Projects Limited by HLP4G Limited. The balance of labour charges less amounts paid at the year end date was £100,900 (2024 £110,000) and is included in trade creditors.

Management charges for the year totalling £23,962 (2024 £26,903) are payable by HLP4G Limited to Galvin Projects Limited.

The above figures are stated net of VAT. All transactions between HLP4G Limited and Galvin Projects Limited are subject to VAT, with labour charges accounted for under the VAT domestic reverse charge provisions. Charges yet to be invoiced are included in trade creditors.

...CONTINUED

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GALVIN PROJECTS LIMITED

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 July 2025

8. Related Party Transactions - continued

The account with HLP4G Limited is then summarised as follows:

Balance due to HLP4G Limited brought forward £51,360 (2024 (£84,424))

Gross labour charges invoiced by HLP4G Limited £2,396,149 (2024 £2,453,500)

Gross management charges invoiced by HLP4G Limited £28,754 (2024 £32,284)

Less Monies paid to HLP4G Limited in the year (£2,430,000) (2024 (£2,350,000))

Balance due to HLP4G Limited carried forward £46,263 (2024 £51,360)

The balance due to HLP4G Limited is included in trade creditors.

eMGee Partnership Limited

eMGee Partnership Limited was incorporated on 19 June 2017 and Jason Galvin holds 1 £1 A Ordinary Voting Share, there being 2 £1 Voting Shares in issue.

Monies totalling £301,629 were extended to eMGee Partnership Limited to facilitate its acquisition of business premises. Galvin Projects Limited has shared use of the premises and is charged a rent of £500 per month by eMGee Partnership Limited from 1 October 2018. The rent is, in the opinion of the directors, set at open-market rate. The advance less the rental charge is then included in debtors. eMGee partnership Limited is not VAT registered.

Owed by eMGee Partnership Limited brought forward £191,629 (2024 £272,629)

Rent Payable by Galvin Projects Limited (£6,000) (2024 (£6,000))

Monies withdrawn by Galvin Projects Limited £Nil (2024 (£75,000))

Owed by eMGee Partnership Limited carried forward £185,629 (2024 £191,629)

9. Ultimate Controlling Party

The Company was controlled throughout the year by Mr Jason Galvin & Mrs Joanna Galvin who each hold 1 £1 Ordinary Share there being 2 £1 Ordinary Shares in issue.

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