Gilly Hafner Design Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 11446505

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,450		1,935

			1,450		1,935
CURRENT ASSETS
Stocks	5	2,852		3,767
Debtors	6	4,507		14,315
Cash at bank and in hand		17,203		6,535

		24,562		24,617
Creditors: Amounts Falling Due Within One Year	7	(3,432 )		(10,095 )

NET CURRENT ASSETS (LIABILITIES)			21,130		14,522

TOTAL ASSETS LESS CURRENT LIABILITIES			22,580		16,457

NET ASSETS			22,580		16,457

CAPITAL AND RESERVES
Called up share capital	8		11		10
Profit and Loss Account			22,569		16,447

SHAREHOLDERS' FUNDS			22,580		16,457

Page 1

Page 2

Gilly Hafner Design Ltd

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.

On behalf of the board

Mrs G L Hafner

Director

26/04/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Gilly Hafner Design Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11446505 . The registered office is High Tor Ballinger Road, Lee Common, Great Missenden, HP16 9LA.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3. 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:

Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Stocks and Work in Progress

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

2.5. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 August 2024	1,914	1,148	3,062

As at 31 July 2025	1,914	1,148	3,062

Depreciation
As at 1 August 2024	553	574	1,127
Provided during the period	341	144	485

As at 31 July 2025	894	718	1,612

Net Book Value
As at 31 July 2025	1,020	430	1,450

As at 1 August 2024	1,361	574	1,935

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Page 4

Gilly Hafner Design Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

5. Stocks

	2025	2024
	£	£
Stock	2,852	3,767

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	4,507	14,315

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	1,978	-
Accruals and deferred income	970	870
Directors' loan accounts	484	9,225

	3,432	10,095

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	11	10

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