REGISTERED NUMBER: 04700570 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

The Fireplace Gallery (Cheltenham) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs N J Wilson

Mr C J Wilson

REGISTERED OFFICE:

18-19 Knightsbridge Business Centre

Knightsbridge Green

Knightsbridge

Cheltenham

GL51 9TA

REGISTERED NUMBER:

04700570 (England and Wales)

ACCOUNTANTS:

Francis & Co

Second Floor

123 Promenade

Cheltenham

Gloucestershire

GL50 1NW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

518,151

555,584

518,151

555,584

CURRENT ASSETS

Stocks

140,850

134,038

Debtors

6

21,278

16,846

Cash at bank

78,657

120,781

240,785

271,665

CREDITORS

Amounts falling due within one year

7

343,512

361,178

NET CURRENT LIABILITIES

(102,727

)

(89,513

)

TOTAL ASSETS LESS CURRENT LIABILITIES

415,424

466,071

CREDITORS

Amounts falling due after more than one year

8

292,874

310,584

NET ASSETS

122,550

155,487

CAPITAL AND RESERVES

Called up share capital

108

108

Retained earnings

122,442

155,379

122,550

155,487

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2026 and were signed on its behalf by:

Mrs N J Wilson - Director

1.	STATUTORY INFORMATION

The Fireplace Gallery (Cheltenham) Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost and 15% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

300,000

AMORTISATION

At 1 September 2024

and 31 August 2025

300,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

465,275

242,938

708,213

Additions

-

22,531

22,531

Disposals

-

(13,695

)

(13,695

)

At 31 August 2025

465,275

251,774

717,049

DEPRECIATION

At 1 September 2024

27,916

124,713

152,629

Charge for year

9,306

50,658

59,964

Eliminated on disposal

-

(13,695

)

(13,695

)

At 31 August 2025

37,222

161,676

198,898

NET BOOK VALUE

At 31 August 2025

428,053

90,098

518,151

At 31 August 2024

437,359

118,225

555,584

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

1,120

2,280

Other debtors

20,158

14,566

21,278

16,846

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

28,357

25,166

Hire purchase contracts

3,405

3,405

Trade creditors

125,315

105,937

Taxation and social security

87,654

82,612

Other creditors

98,781

144,058

343,512

361,178

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

250,596

264,870

Hire purchase contracts

42,278

45,714

292,874

310,584