Registration number: 07203418

The Gloucester Old Spot Trading Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 7

The Gloucester Old Spot Trading Limited

(Registration number: 07203418)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	596,562	557,677
Current assets
Stocks		10,836	9,465
Debtors	6	4,500	5,940
Cash at bank and in hand		176,645	152,775
		191,981	168,180
Creditors: Amounts falling due within one year	7	(216,362)	(180,973)
Net current liabilities		(24,381)	(12,793)
Total assets less current liabilities		572,181	544,884
Provisions for liabilities		(14,183)	(6,816)
Net assets		557,998	538,068
Capital and reserves
Called up share capital	8	190	190
Retained earnings		557,808	537,878
Shareholders' funds		557,998	538,068

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 July 2026 and signed on its behalf by:
 

......................................... S Bound Director

The Gloucester Old Spot Trading Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
The Gloucester Old Spot
Tewkesbury Road
Piffs Elm
Cheltenham
Gloucestershire
GL51 9SY
England

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

The Gloucester Old Spot Trading Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

2	Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold Property	2% Straight Line
Plant & Equipment	25% Straight Line
Office Equipment	25% Straight Line
Fixtures & Fittings	25% Straight Line
Motor Vehicles	25% Straight Line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

The Gloucester Old Spot Trading Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

2	Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 34 (2024 - 35).

The Gloucester Old Spot Trading Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 November 2024	20,025	20,025
At 31 October 2025	20,025	20,025
Amortisation
At 1 November 2024	20,025	20,025
At 31 October 2025	20,025	20,025
Carrying amount
At 31 October 2025	-	-

5	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Office equipment £
Cost or valuation
At 1 November 2024	698,509	102,474	174,946	12,995
Additions	25,376	3,267	46,593	105
At 31 October 2025	723,885	105,741	221,539	13,100
Depreciation
At 1 November 2024	169,830	94,746	155,874	10,797
Charge for the year	14,049	5,791	15,320	1,296
At 31 October 2025	183,879	100,537	171,194	12,093
Carrying amount
At 31 October 2025	540,006	5,204	50,345	1,007
At 31 October 2024	528,679	7,728	19,072	2,198

The Gloucester Old Spot Trading Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

5	Tangible assets (continued)

	Motor vehicles  £	Total £
Cost or valuation
At 1 November 2024	8,500	997,424
Additions	-	75,341
At 31 October 2025	8,500	1,072,765
Depreciation
At 1 November 2024	8,500	439,747
Charge for the year	-	36,456
At 31 October 2025	8,500	476,203
Carrying amount
At 31 October 2025	-	596,562
At 31 October 2024	-	557,677

Included within the net book value of land and buildings above is £540,006 (2024 - £528,679) in respect of freehold land and buildings.
 

6

Debtors

	2025 £	2024 £
Prepayments	4,500	5,940
	4,500	5,940

The Gloucester Old Spot Trading Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	38,481	47,685
Taxation and social security	110,497	71,743
Accruals and deferred income	56,988	61,231
Other creditors	10,396	314
	216,362	180,973

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	190	190	190	190

9	Related party transactions

Other transactions with directors

At the year end, the company owed the directors a balance of £10,396 (2024: £314).

10	Parent and ultimate parent undertaking

Piffs Elm Investments Limited controls the company by virtue of holding the entire issued ordinary share capital of the company. Piffs Elm Investments Limited acquired the shareholding in the company on 30 June 2024.

 The company's immediate parent is Piffs Elm Investments Limited, incorporated in England & Wales.

 The most senior parent entity producing publicly available financial statements is Piffs Elm Investments Limited.