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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
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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
33,769 
45,026 
Current assets
Debtors
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
(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
(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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