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Company Registration No. 08289462 (England and Wales)
T & L Gillies Drylining Ltd Unaudited accounts for the year ended 31 March 2026
T & L Gillies Drylining Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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T & L Gillies Drylining Ltd Company Information for the year ended 31 March 2026
Directors
Thomas Gillies Lois Gillies
Company Number
08289462 (England and Wales)
Registered Office
The Paddock Gaddesden Turn Great Billington Bedfordshire LU7 9BW ENGLAND
Accountants
Balanced Books Accountancy Services Ltd Unit 27 Pages Park Ind. Estate Eden Way Leighton Buzzard Beds LU7 4TZ
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T & L Gillies Drylining Ltd Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
33,769
45,026
Current assets
Debtors
5
24,312
67,714
Cash at bank and in hand
42,143
46,605
66,455
114,319
Creditors: amounts falling due within one year
6
(18,758)
(35,774)
Net current assets
47,697
78,545
Total assets less current liabilities
81,466
123,571
Creditors: amounts falling due after more than one year
7
(23,255)
(29,966)
Net assets
58,211
93,605
Capital and reserves
Called up share capital
100
100
Profit and loss account
58,111
93,505
Shareholders' funds
58,211
93,605
For the year ending 31 March 2026 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by
Thomas Gillies Director Company Registration No. 08289462
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T & L Gillies Drylining Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
T & L Gillies Drylining Ltd is a private company, limited by shares, registered in England and Wales, registration number 08289462. The registered office is The Paddock, Gaddesden Turn, Great Billington, Bedfordshire, LU7 9BW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2025
6,457
35,493
39,316
4,567
85,833
At 31 March 2026
6,457
35,493
39,316
4,567
85,833
Depreciation
At 1 April 2025
5,214
8,873
22,809
3,911
40,807
Charge for the year
311
6,655
4,127
164
11,257
At 31 March 2026
5,525
15,528
26,936
4,075
52,064
Net book value
At 31 March 2026
932
19,965
12,380
492
33,769
At 31 March 2025
1,243
26,620
16,507
656
45,026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Accrued income and prepayments
1,375
1,375
Other debtors
22,937
66,339
24,312
67,714
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T & L Gillies Drylining Ltd Notes to the Accounts for the year ended 31 March 2026
6
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
(1,957)
(5,214)
Taxes and social security
9,382
36,949
Other creditors
10,540
2,912
Loans from directors
143
477
Accruals
650
650
18,758
35,774
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
606
4,812
Obligations under finance leases and hire purchase contracts
22,649
25,154
23,255
29,966
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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