REGISTERED NUMBER: 11383170 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

GAZELEY PAINTING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Simpson

Mrs C Simpson

REGISTERED OFFICE:

The Granary

High Street

Turvey

Bedfordshire

MK43 8DB

REGISTERED NUMBER:

11383170 (England and Wales)

ACCOUNTANTS:

Cox & Co. (Accountancy) Limited

Chartered Accountants

The Granary

High Street

Turvey

Bedford

Bedfordshire

MK43 8DB

FIXED ASSETS

Tangible assets

4

65,981

62,451

CURRENT ASSETS

Debtors

5

67,453

93,562

Cash at bank

210,149

121,289

277,602

214,851

CREDITORS

Amounts falling due within one year

6

103,069

101,355

NET CURRENT ASSETS

174,533

113,496

TOTAL ASSETS LESS CURRENT LIABILITIES

240,514

175,947

CREDITORS

Amounts falling due after more than one year

7

96,575

-

NET ASSETS

143,939

175,947

CAPITAL AND RESERVES

Called up share capital

25

25

Capital redemption reserve

75

75

Retained earnings

143,839

175,847

143,939

175,947

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 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 profit or loss 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by:

C Simpson - Director

1.	STATUTORY INFORMATION

Gazeley Painting Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on cost

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 June 2025

38,624

63,675

102,299

Additions

-

20,372

20,372

At 31 May 2026

38,624

84,047

122,671

DEPRECIATION

At 1 June 2025

7,724

32,124

39,848

Charge for year

3,862

12,980

16,842

At 31 May 2026

11,586

45,104

56,690

NET BOOK VALUE

At 31 May 2026

27,038

38,943

65,981

At 31 May 2025

30,900

31,551

62,451

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

36,902

65,633

Other debtors

30,551

27,929

67,453

93,562

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

38,667

11,307

Trade creditors

27,895

28,013

Taxation and social security

33,507

59,035

Other creditors

3,000

3,000

103,069

101,355

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

96,575

-