General Information
Gage - Tupper & Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 12168233, registration address Broadlands Walcot Lane, Drakes Broughton, Worcestershire, WR10 2AL.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The company ceased to trade on 30th September 2025.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Revenue from contracts for the provision of services is recognised by reference to the stage of completion and where the amount of revenue can be measured reliably.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the balance sheet when their payment has been approved by the shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Fixtures and Fittings |
25% Straight Line
|
|
| 2. |
Average number of employees and directors
Average number of employees during the year was 1 (2024 : 2).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Fixtures and Fittings |
|
Total |
| |
£ |
|
£ |
| At 01 October 2024 |
15,000 |
|
15,000 |
| Additions |
- |
|
- |
| Disposals |
(15,000) |
|
(15,000) |
| At 30 September 2025 |
- |
|
- |
| Depreciation |
| At 01 October 2024 |
15,000 |
|
15,000 |
| Charge for year |
- |
|
- |
| On disposals |
(15,000) |
|
(15,000) |
| At 30 September 2025 |
- |
|
- |
| Net book values |
| Closing balance as at 30 September 2025 |
- |
|
- |
| Opening balance as at 01 October 2024 |
- |
|
- |
|
| 4. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
- |
|
51,008 |
| Corporation Tax |
7,910 |
|
- |
| PAYE & Social Security |
150 |
|
- |
| VAT |
37 |
|
- |
|
8,097 |
|
51,008 |
|
| 5. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
- |
|
17,895 |
| Corporation Tax |
- |
|
1,600 |
| PAYE & Social Security |
- |
|
50 |
| Accrued Expenses |
- |
|
1,000 |
| Directors' Current Accounts |
- |
|
3,000 |
| VAT |
- |
|
7,745 |
|
- |
|
31,290 |
|
| 6. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
2024
£ |
|
3
Ordinary shares of £1.00 each |
3 |
|
3 |
|
3 |
|
3 |
|
| 7. |
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
|