Company registration number: 10379744
Annual report and unaudited financial statements
for the year ended 30 September 2025
for
CJ Gibbs & Sons Limited
Pages for filing with the Registrar
Company registration number: 10379744
CJ Gibbs & Sons Limited
Balance sheet
as at 30 September 2025
2025 2024
Note £ £ £ £
Fixed assets
Goodwill 4 1,000 2,000
Tangible assets 5 360,986 206,331
361,986 208,331
Current assets
Stocks 175,134 159,560
Debtors 6 65,834 -
Cash at bank and in hand 5,786 78,382
246,754 237,942
Creditors: amounts falling due within one
year 		7 (186,086) (243,080)
Net current assets/(liabilities) 60,668 (5,138)
Total assets less current liabilities 422,654 203,193
Creditors: Amounts falling due after more
than one year 		8 (99,452) (4,416)
NET ASSETS 323,202 198,777
Capital and reserves
Called up share capital 100 100
Profit and loss account 323,102 198,677
TOTAL EQUITY 323,202 198,777
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 September 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 10379744
CJ Gibbs & Sons Limited
Balance sheet - continued
as at 30 September 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr C Gibbs, Director
11 June 2026
2
CJ Gibbs & Sons Limited
Notes to the financial statements
for the year ended 30 September 2025
1 Company information
CJ Gibbs & Sons Limited is a private company registered in England and Wales. Its registered number is 10379744. The company is limited by shares. Its registered office is 3 Conqueror Court, Sittingbourne, Kent, ME10 5BH. Its principal place of business is Anvil Barn, The Stackyard, Clacton-on -Sea, Essex, CO16 8HH.
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 historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 is being amortised on the following basis: 10% straight line.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
3
CJ Gibbs & Sons Limited
Notes to the financial statements - continued
for the year ended 30 September 2025
2 Accounting policies - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 0% straight line
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Fixtures & fittings - 25% reducing balance
Motor vehicles - 15% reducing balance
Computer equipment - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 3 (2024 - 3).
4 Goodwill
£
Cost
At 1 October 2024 10,000
At 30 September 2025 10,000
4
CJ Gibbs & Sons Limited
Notes to the financial statements - continued
for the year ended 30 September 2025
4 Goodwill - continued
Amortisation
At 1 October 2024 8,000
Charge for year 1,000
At 30 September 2025 9,000
Net book value
At 30 September 2025 1,000
At 30 September 2024 2,000
5 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 October 2024 - 358,964 358,964
Additions 140,000 97,642 237,642
Disposals - (38,333) (38,333)
At 30 September 2025 140,000 418,273 558,273
Depreciation
At 1 October 2024 - 152,633 152,633
Charge for year - 50,404 50,404
Eliminated on disposal - (5,750) (5,750)
At 30 September 2025 - 197,287 197,287
Net book value
At 30 September 2025 140,000 220,986 360,986
At 30 September 2024 - 206,331 206,331
6 Debtors
2025 2024
£ £
Other debtors 834 -
Prepayments and accrued income 65,000 -
65,834 -
5
CJ Gibbs & Sons Limited
Notes to the financial statements - continued
for the year ended 30 September 2025
7 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 35,415 10,500
Trade creditors - 1,170
Amounts owed to directors 1,336 128,005
Other creditors 25,493 199
Taxation 84,494 56,338
VAT payable 27,221 40,837
Social security and other tax 11,257 6,031
Accruals and deferred income 870 -
186,086 243,080
8 Creditors: amounts falling due after more than one year
2025 2024
£ £
Bank loans 99,452 4,416
6