S. Gelsthorpe Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 08765047

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	-		65,542
Debtors	5	315		293
Cash at bank and in hand		61,656		13,040

		61,971		78,875
Creditors: Amounts Falling Due Within One Year	6	(211,778 )		(201,273 )

NET CURRENT ASSETS (LIABILITIES)			(149,807 )		(122,398 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(149,807 )		(122,398 )

Creditors: Amounts Falling Due After More Than One Year	7		-		(2,115 )

NET LIABILITIES			(149,807 )		(124,513 )

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			(149,809 )		(124,515 )

SHAREHOLDERS' FUNDS			(149,807)		(124,513)

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S. Gelsthorpe Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Marianne Gelsthorpe

Director

30th June 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

S. Gelsthorpe Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08765047 . The registered office is 99 London Street, Reading, Berkshire, RG1 4QA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

Despite the retained losses, the Director's confirm that they will continue to support the company for at least the next twelve months. No significant accounting adjustments would be required if the company was not a going concern.

2.3. Turnover

Turnover comprises the value of goods supplied by the company, net of Value Added Tax. The company sells second hand motor vehicles.

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Stocks

	2025	2024
	£	£
Finished goods	-	65,542

5. Debtors

	2025	2024
	£	£
Due within one year
VAT	315	293

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S. Gelsthorpe Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	3,204	-
Bank loans and overdrafts	2,024	3,904
Accruals and deferred income	-	1,100
Directors' loan accounts	206,550	196,269

	211,778	201,273

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	2,115

The Company received on the 20th May 2020 a Bounce Back Loan (BBL) by the bank. This loan is payable in six years with an interst rate of 2.5% per anum.

The Company started to made the repayment on the 7th June 2021 as estipulated on the loan conditions.

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

9. Ultimate Controlling Party

The company's ultimate controlling party is Mr and Mrs Gelsthorpe by virtue of their ownership of 100% of the issued share capital in the company.

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