Georgesand Enterprises Limited

(Registration number: 07089073)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Tangible assets	4	47,807	63,743
Investments	5	1	1
		47,808	63,744
Current assets
Stocks	6	151,322	141,153
Debtors	7	1,418,858	1,459,601
Cash at bank and in hand		350	224
		1,570,530	1,600,978
Creditors: Amounts falling due within one year	8	(1,286,464)	(1,246,190)
Net current assets		284,066	354,788
Total assets less current liabilities		331,874	418,532
Provisions for liabilities		(11,952)	(15,936)
Net assets		319,922	402,596
Capital and reserves
Called up share capital	9	200	200
Retained earnings		319,722	402,396
Shareholders' funds		319,922	402,596

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.

Georgesand Enterprises Limited

(Registration number: 07089073)
Balance Sheet as at 31 October 2025
(continued)

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:
 

......................................... Mr S P Jolley Director

Georgesand Enterprises 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.

The address of its registered office is:
Wigbridge
Woolhope Cockshoot
Putley
Ledbury
HR8 2QS

These financial statements were authorised for issue by the Board on 28 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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.

Going concern

The financial statements have been prepared on a going concern basis.

Georgesand Enterprises Limited

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

2	Accounting policies (continued)

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

Tax

Taxation represents the sum of tax currently payable and deferred tax.

The company's liability for current tax is calculated using tax rates that have been enacted or substantially enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantially enacted by the end of the reporting period.

Tangible assets

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives at the following rates:

Asset class	Depreciation method and rate
Motor vehicles	25% of written down value per annum
Plant and machinery	15% of cost per annum

Georgesand Enterprises Limited

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

2	Accounting policies (continued)

Fixtures and fittings	20% of cost per annum
Computer equipment	33% of cost per annum

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Stocks

Stocks are stated at the lower of cost and net realisable value, as follows:

Cost incurred in bringing each product to its present location and condition:-

Materials - Purchase cost on a first in first out basis.

Work in progress - Cost of direct materials, labour plus a proportion to cover attributable overheads.

Net realisable value is based on the estimated selling price less further costs expected to be incurred to completion and disposal.

Georgesand Enterprises Limited

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

2	Accounting policies (continued)

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

Georgesand Enterprises Limited

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

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 November 2024	7,342	147,571	154,913
At 31 October 2025	7,342	147,571	154,913
Depreciation
At 1 November 2024	7,342	83,828	91,170
Charge for the year	-	15,936	15,936
At 31 October 2025	7,342	99,764	107,106
Carrying amount
At 31 October 2025	-	47,807	47,807
At 31 October 2024	-	63,743	63,743

5	Investments

	2025 £	2024 £
Investments in subsidiaries	1	1

Georgesand Enterprises Limited

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

5	Investments (continued)