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Registration number: 02765364

Gardner Mechanical Services Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

Gardner Mechanical Services Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 8

Gardner Mechanical Services Limited

(Registration number: 02765364)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 159,859 | 185,753
Current assets |  |  |
Stocks | 5 | 8,500 | 5,000
Debtors | 6 | 1,045,021 | 701,577
Cash at bank and in hand |  | 293,107 | 430,333
|  | 1,346,628 | 1,136,910
Creditors: Amounts falling due within one year | 7 | (646,391) | (502,508)
Net current assets |  | 700,237 | 634,402
Total assets less current liabilities |  | 860,096 | 820,155
Creditors: Amounts falling due after more than one year | 7 | (8,765) | (25,319)
Provisions for liabilities |  | (39,964) | (46,367)
Net assets |  | 811,367 | 748,469
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 811,267 | 748,369
Shareholders' funds |  | 811,367 | 748,469

Gardner Mechanical Services Limited

(Registration number: 02765364)
Balance Sheet as at 30 September 2025

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 1 June 2026 and signed on its behalf by:

......................................... C Stockinger Company secretary and director

Gardner Mechanical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for building services engineering work in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Gardner Mechanical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 20% reducing balance
Motor vehicles | 25% reducing balance
Computer equipment | 20% reducing balance
Property improvements | 10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Gardner Mechanical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 17 (2024 - 17).

Gardner Mechanical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4 | Tangible assets

| Property improvements £ | Plant and machinery £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 October 2024 | 22,911 | 39,360 | 26,193 | 266,846 | 355,310
Additions | 1,311 | 3,456 | - | 12,370 | 17,137
At 30 September 2025 | 24,222 | 42,816 | 26,193 | 279,216 | 372,447
Depreciation
At 1 October 2024 | 2,768 | 17,820 | 10,975 | 137,994 | 169,557
Charge for the year | 2,324 | 4,677 | 3,044 | 32,986 | 43,031
At 30 September 2025 | 5,092 | 22,497 | 14,019 | 170,980 | 212,588
Carrying amount
At 30 September 2025 | 19,130 | 20,319 | 12,174 | 108,236 | 159,859
At 30 September 2024 | 20,143 | 21,540 | 15,218 | 128,852 | 185,753

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 8,500 | 5,000

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 959,984 | 551,234
Prepayments | 25,959 | 24,532
Other debtors | 59,078 | 125,811
| 1,045,021 | 701,577

Gardner Mechanical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 5,844 | 13,645
Trade creditors |  | 381,996 | 218,731
Taxation and social security |  | 254,702 | 264,605
Other creditors |  | 3,849 | 5,527
|  | 646,391 | 502,508

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 8,765 | 25,319

8 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 7,801
Hire purchase contracts | 5,844 | 5,844
| 5,844 | 13,645

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 10,710
Hire purchase contracts | 8,765 | 14,609
| 8,765 | 25,319

Gardner Mechanical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Bank borrowings

HSBC bank bounceback loan is denominated in pounds with a nominal interest rate of 2.5%, and the final instalment is due on 27 January 2027. The carrying amount at year end is £Nil (2024 - £18,511). The bounceback loan is a government backed lending scheme.

9 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £1,723 (2024 - £3,447).

10 | Related party transactions

Transactions with directors

2025 | At 1 October 2024 £ | Advances to director £ | Repayments by director £ | At 30 September 2025 £
D J Stockinger
| 35,450 | 104,438 | (131,577) | 8,311
C Stockinger
| 35,452 | 104,438 | (131,577) | 8,313

2024 | At 1 October 2023 £ | Advances to director £ | Repayments by director £ | At 30 September 2024 £
D J Stockinger
| 20,980 | 25,158 | (10,688) | 35,450
C Stockinger
| 20,981 | 25,159 | (10,688) | 35,452