Gardner Engineering Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04959166

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		35,198		32,544

			35,198		32,544
CURRENT ASSETS
Stocks	6	166,059		139,176
Debtors	7	30,289		30,330
Cash at bank and in hand		49,205		93,921

		245,553		263,427
Creditors: Amounts Falling Due Within One Year	8	(85,731 )		(113,171 )

NET CURRENT ASSETS (LIABILITIES)			159,822		150,256

TOTAL ASSETS LESS CURRENT LIABILITIES			195,020		182,800

Creditors: Amounts Falling Due After More Than One Year	9		-		(5,000 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(8,191 )		(7,664 )

NET ASSETS			186,829		170,136

CAPITAL AND RESERVES
Called up share capital	10		60,000		60,000
Profit and Loss Account			126,829		110,136

SHAREHOLDERS' FUNDS			186,829		170,136

Page 1

Page 2

Gardner Engineering Services 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

Mr P N Coy Director	Mrs S L Coy Director	Mr S P Coy Director
8 June 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Gardner Engineering Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04959166 . The registered office is Rowan House, 7 West Bank, Scarborough, North Yorkshire, YO12 4DX.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill, being the amnount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of 20 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% RB
Motor Vehicles	25% RB
Computer Equipment	33% SL

2.5. 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 and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 3

Page 4

Gardner Engineering Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 7)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 December 2024	25,000

As at 30 November 2025	25,000

Amortisation
As at 1 December 2024	25,000

As at 30 November 2025	25,000

Net Book Value
As at 30 November 2025	-

As at 1 December 2024	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 December 2024	35,867	31,947	6,755	74,569
Additions	7,429	-	4,503	11,932

As at 30 November 2025	43,296	31,947	11,258	86,501

Depreciation
As at 1 December 2024	14,117	22,603	5,305	42,025
Provided during the period	4,378	2,336	2,564	9,278

As at 30 November 2025	18,495	24,939	7,869	51,303

Net Book Value
As at 30 November 2025	24,801	7,008	3,389	35,198

As at 1 December 2024	21,750	9,344	1,450	32,544

Page 4

Page 5

Gardner Engineering Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Stocks

	2025	2024
	£	£
Stock	163,559	136,676
Work in progress	2,500	2,500

	166,059	139,176

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	24,913	23,950
Other debtors	5,376	6,380

	30,289	30,330

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	39,923	62,571
Bank loans and overdrafts	5,000	10,150
Other creditors	18,223	16,803
Taxation and social security	22,585	23,647

	85,731	113,171

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

	2025	2024
	£	£
Bank loans	-	5,000

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	60,000	60,000

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 December 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 November 2025
	£	£	£	£	£
Mr Samuel Coy	-	293	-	-	293

The above loan is unsecured, interest free and repayable on demand.

Page 5