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REGISTERED NUMBER: 00125465 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

THE GUN TRADE ASSOCIATION LIMITED

THE GUN TRADE ASSOCIATION LIMITED (REGISTERED NUMBER: 00125465)

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Abridged Balance Sheet | 1 |

Notes to the Financial Statements | 3 |

THE GUN TRADE ASSOCIATION LIMITED (REGISTERED NUMBER: 00125465)

Abridged Balance Sheet

31 December 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 3,521 |  | 6,933 |  |

CURRENT ASSETS

Debtors | 1,440 |  | 7,859 |  |

Cash at bank and in hand | 37,523 |  | 38,613 |  |

38,963 |  | 46,472 |  |

CREDITORS

Amounts falling due within one year | 31,309 |  | 14,686 |  |

NET CURRENT ASSETS | 7,654 |  | 31,786 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 11,175 |  | 38,719 |  |

RESERVES

Income and expenditure account | 11,175 |  | 38,719 |  |

MEMBERS' FUNDS | 11,175 |  | 38,719 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

THE GUN TRADE ASSOCIATION LIMITED (REGISTERED NUMBER: 00125465)

Abridged Balance Sheet - continued

31 December 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 July 2026 and were signed on its behalf by:

G M Lamburn - Director

THE GUN TRADE ASSOCIATION LIMITED (REGISTERED NUMBER: 00125465)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| The Gun Trade Association Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 00125465

| Registered office: | Coastwise House

| 17 Liverpool Road

| Worthing

| West Sussex

| BN11 1SU

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 historical cost convention.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

| Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

| Depreciation is provided on the following bases:

| Fixtures and fittings |  | 25% |  |  | Reducing balance basis |  |

| Motor vehicles |  | 25% |  |  | Reducing balance basis |  |

| Computer equipment |  | 25% |  |  | Reducing balance basis |  |

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred 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.

THE GUN TRADE ASSOCIATION LIMITED (REGISTERED NUMBER: 00125465)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| 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. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 4 ) .

4. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 January 2025 | 15,290 |  |

| Additions | 19,074 |  |

| Disposals | (15,290 | ) |

| Grants | (14,380 | ) |

| At 31 December 2025 | 4,694 |  |

| DEPRECIATION

| At 1 January 2025 | 8,357 |  |

| Charge for year | 1,173 |  |

| Eliminated on disposal | (8,357 | ) |

| At 31 December 2025 | 1,173 |  |

| NET BOOK VALUE

| At 31 December 2025 | 3,521 |  |

| At 31 December 2024 | 6,933 |  |

5. | LIMITED BY GUARANTEE

| The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £2.