REGISTERED NUMBER: 06415272 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Galemorn Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G S Dhesi

SECRETARY:

Mrs D K Dhesi

REGISTERED OFFICE:

179 Handside Lane

Welwyn Garden City

Hertfordshire

AL8 6SE

REGISTERED NUMBER:

06415272 (England and Wales)

ACCOUNTANTS:

Coombs Chartered Accountants

164 Bedford Road

Kempston

Bedford

Bedfordshire

MK42 8BH

FIXED ASSETS

Intangible assets

4

32,302

43,069

Tangible assets

5

142,388

192,902

174,690

235,971

CURRENT ASSETS

Stocks

95,800

127,400

Debtors

6

2,984

5,796

Cash at bank and in hand

13,201

41,014

111,985

174,210

CREDITORS

Amounts falling due within one year

7

151,593

130,425

NET CURRENT (LIABILITIES)/ASSETS

(39,608

)

43,785

TOTAL ASSETS LESS CURRENT LIABILITIES

135,082

279,756

CREDITORS

Amounts falling due after more than one year

8

-

48,833

CAPITAL AND RESERVES

Called up share capital

11

11

Retained earnings

135,071

230,912

SHAREHOLDER FUNDS

135,082

230,923

135,082

279,756

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 July 2026 and were signed by:

G S Dhesi - Director

1.	STATUTORY INFORMATION

Galemorn 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance, 15% on cost and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

107,674

AMORTISATION

At 1 November 2024

64,605

Charge for year

10,767

At 31 October 2025

75,372

NET BOOK VALUE

At 31 October 2025

32,302

At 31 October 2024

43,069

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

332,265

DEPRECIATION

At 1 November 2024

139,363

Charge for year

50,514

At 31 October 2025

189,877

NET BOOK VALUE

At 31 October 2025

142,388

At 31 October 2024

192,902

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other debtors

2,984

5,796

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

13,833

10,000

Trade creditors

70,920

63,072

Taxation and social security

49,710

42,258

Other creditors

17,130

15,095

151,593

130,425

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

-

5,833

Other creditors

-

43,000

-

48,833

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

-

5,833