REGISTERED NUMBER: 09155997 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

G.A.TURNBULL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G A Turnbull

Mrs J C Yeardley

REGISTERED OFFICE:

16 Omega Business Village

Thurston Road

Northallerton

North Yorkshire

DL6 2NJ

BUSINESS ADDRESS:

Bilham House Farm

Bilham Lane

Doncaster

South Yorkshire

DN5 7BN

REGISTERED NUMBER:

09155997 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

16 Omega Business Village

Thurston Road

Northallerton

North Yorkshire

DL6 2NJ

FIXED ASSETS

Tangible assets

4

335,814

290,036

CURRENT ASSETS

Stocks

217,962

179,595

Debtors

5

50,216

58,746

Cash at bank

216,496

52,711

484,674

291,052

CREDITORS

Amounts falling due within one year

6

179,026

45,739

NET CURRENT ASSETS

305,648

245,313

TOTAL ASSETS LESS CURRENT LIABILITIES

641,462

535,349

CREDITORS

Amounts falling due after more than one year

7

(59,146

)

-

PROVISIONS FOR LIABILITIES

(58,695

)

(67,369

)

NET ASSETS

523,621

467,980

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

513,621

457,980

523,621

467,980

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 directors acknowledge their 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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2026 and were signed on its behalf by:

Mrs J C Yeardley - Director

1.	STATUTORY INFORMATION

G.a.turnbull Limited 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.

Turnover

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

Tangible fixed assets

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

Long leasehold

-

10% on cost

Plant and machinery

-

20% on reducing balance

Computer equipment

-

20% on cost

Stocks

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

Biological assets, living plants and animals are included at the lower of cost and estimated selling price less costs to sell

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Income recognition

Income is recognised when goods have been delivered to customers such that the risks and rewards

of ownership have transferred to them.

Finance costs of debt

The finance costs of debt, including interest and issue costs, are allocated to each period over the

term of the debt and charged to the profit and loss account at a constant rate on the outstanding

amount.

Government grants

Grants receivable in relation to profit and loss expenditure are credited to the profit and loss in the

year for which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Long

Plant and

Computer

leasehold

machinery

equipment

Totals

£

£

£

£

COST

At 1 August 2024

25,700

669,258

666

695,624

Additions

8,905

115,540

1,166

125,611

Disposals

-

(13,342

)

-

(13,342

)

At 31 July 2025

34,605

771,456

1,832

807,893

DEPRECIATION

At 1 August 2024

5,140

400,315

133

405,588

Charge for year

2,570

76,897

366

79,833

Eliminated on disposal

-

(13,342

)

-

(13,342

)

At 31 July 2025

7,710

463,870

499

472,079

NET BOOK VALUE

At 31 July 2025

26,895

307,586

1,333

335,814

At 31 July 2024

20,560

268,943

533

290,036

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

17,534

Other debtors

50,216

41,212

50,216

58,746

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

27,649

2,172

Trade creditors

145,256

36,516

Taxation and social security

6,121

7,051

179,026

45,739

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

59,146

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

86,795

2,172

The obligation under hire purchase contract is secured by a charge on the asset purchased under

this agreement.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company made advances to the directors totalling £70,300 (2024: £56,713).

These were charged interest at the HMRC advisory rate.

The company received repayments totalling £89,499 (2024: £16,000)