Company Registration No. 13923287 (England and Wales)
Sean Phelan Mirror Gilding Ltd
Unaudited accounts
for the year ended 28 February 2026
Sean Phelan Mirror Gilding Ltd
Unaudited accounts
Contents
Sean Phelan Mirror Gilding Ltd
Company Information
for the year ended 28 February 2026
Directors
Sean Christopher Phelan
Mrs Kimberley Payne
Company Number
13923287 (England and Wales)
Registered Office
F61 Cherwell Business Village
Southam Road
Banbury
OX16 2SP
United Kingdom
Accountants
gHawk Accounting Ltd
F61 Cherwell Business Village
Southam Road
Banbury
Oxfordshire
OX16 2SP
Sean Phelan Mirror Gilding Ltd
Statement of financial position
as at 28 February 2026
Tangible assets
65,022
19,337
Cash at bank and in hand
578
55,412
Creditors: amounts falling due within one year
(41,742)
(43,561)
Net current assets
7,929
73,279
Total assets less current liabilities
72,951
92,616
Creditors: amounts falling due after more than one year
(65,146)
(26,746)
Called up share capital
100
100
Profit and loss account
7,705
65,770
Shareholders' funds
7,805
65,870
For the year ending 28 February 2026 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 7 May 2026 and were signed on its behalf by
Sean Christopher Phelan
Director
Company Registration No. 13923287
Sean Phelan Mirror Gilding Ltd
Notes to the Accounts
for the year ended 28 February 2026
Sean Phelan Mirror Gilding Ltd is a private company, limited by shares, registered in England and Wales, registration number 13923287. The registered office is F61 Cherwell Business Village, Southam Road, Banbury, OX16 2SP, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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% reducing balance method
Fixtures & fittings
15% Straight Line
Computer equipment
33.33% Straight Line
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.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2025
34,000
1,818
808
36,626
Additions
59,522
-
-
59,522
At 28 February 2026
93,522
1,818
808
96,148
At 1 March 2025
16,229
455
605
17,289
Charge for the year
13,436
273
128
13,837
At 28 February 2026
29,665
728
733
31,126
At 28 February 2026
63,857
1,090
75
65,022
At 28 February 2025
17,771
1,363
203
19,337
Sean Phelan Mirror Gilding Ltd
Notes to the Accounts
for the year ended 28 February 2026
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
9,391
-
Taxes and social security
23,920
37,168
Other creditors
2,566
2,911
Loans from directors
384
761
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
63,475
20,196
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).