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Company Registration No. 13435954 (England and Wales)
Gerallt Evans Metalcraft Ltd Unaudited accounts for the year ended 30 June 2025
Gerallt Evans Metalcraft Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Gerallt Evans Metalcraft Ltd Company Information for the year ended 30 June 2025
Directors
Gerallt Evans Victoria Rushton
Company Number
13435954 (England and Wales)
Registered Office
Tan Lan Pandy Tudur Abergele Clwyd LL22 8UF Wales
Accountants
Power Accountants, Business and Tax Advisors Limited Royal House, 14 Upper Northgate Street Chester CH1 4EE
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Gerallt Evans Metalcraft Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
534,778
475,058
Current assets
Debtors
5
21,968
38,676
Cash at bank and in hand
71,854
(24,618)
93,822
14,058
Creditors: amounts falling due within one year
6
(191,691)
(133,319)
Net current liabilities
(97,869)
(119,261)
Total assets less current liabilities
436,909
355,797
Creditors: amounts falling due after more than one year
7
(258,461)
(253,012)
Net assets
178,448
102,785
Capital and reserves
Called up share capital
100
100
Profit and loss account
178,348
102,685
Shareholders' funds
178,448
102,785
For the year ending 30 June 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 March 2026 and were signed on its behalf by
Victoria Rushton Director Company Registration No. 13435954
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Gerallt Evans Metalcraft Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Gerallt Evans Metalcraft Ltd is a private company, limited by shares, registered in England and Wales, registration number 13435954. The registered office is Tan Lan, Pandy Tudur, Abergele, Clwyd, LL22 8UF, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20%
Fixtures & fittings
10%
Government grants
Government grants are recognised when there is reasonable assurance that the conditions attached to the grant will be complied with and that the grant will be received. Revenue grants are credited to the profit and loss account in the period to which they relate. Capital grants are deducted from the cost of the related asset on the balance sheet and are recognised in the profit and loss account over the useful economic life of the asset by way of a reduced depreciation charge.
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Gerallt Evans Metalcraft Ltd Notes to the Accounts for the year ended 30 June 2025
Deferred taxation
The company has not recognised any deferred tax assets or liabilities in these financial statements. In accordance with FRS 102, deferred tax assets in respect of tax losses carried forward are recognised only to the extent that it is probable that future taxable profits will be available against which the losses can be utilised. As there is insufficient evidence of such future profits at this stage, no deferred tax asset has been recognised. No deferred tax liabilities have arisen that require recognition.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 July 2024
229,402
157,691
189,556
576,649
Additions
23,904
-
78,317
102,221
At 30 June 2025
253,306
157,691
267,873
678,870
Depreciation
At 1 July 2024
-
67,445
34,146
101,591
Charge for the year
-
18,190
24,311
42,501
At 30 June 2025
-
85,635
58,457
144,092
Net book value
At 30 June 2025
253,306
72,056
209,416
534,778
At 30 June 2024
229,402
90,246
155,410
475,058
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
18,553
28,618
Other debtors
3,415
10,058
21,968
38,676
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Gerallt Evans Metalcraft Ltd Notes to the Accounts for the year ended 30 June 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
24,181
45,094
VAT
7,772
(4,787)
Obligations under finance leases and hire purchase contracts
25,895
13,511
Trade creditors
77,051
30,156
Taxes and social security
2,527
1,456
Other creditors
379
2,793
Loans from directors
50,941
41,846
Accruals
2,945
3,250
191,691
133,319
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
193,654
200,277
Obligations under finance leases and hire purchase contracts
53,807
52,735
Other creditors
11,000
-
258,461
253,012
8
Average number of employees
During the year the average number of employees was 6 (2024: 6).
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