IRIS Accounts Production v26.1.10.61 13774324 Board of Directors 30.12.24 3.1.26 3.1.26 false true false false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13774324 2024-12-29 13774324 2026-01-03 13774324 2024-12-30 2026-01-03 13774324 2023-12-30 13774324 2023-12-31 2024-12-29 13774324 2024-12-29 13774324 ns15:EnglandWales 2024-12-30 2026-01-03 13774324 ns14:PoundSterling 2024-12-30 2026-01-03 13774324 ns10:Director1 2024-12-30 2026-01-03 13774324 ns10:PrivateLimitedCompanyLtd 2024-12-30 2026-01-03 13774324 ns10:SmallEntities 2024-12-30 2026-01-03 13774324 ns10:AuditExempt-NoAccountantsReport 2024-12-30 2026-01-03 13774324 ns10:SmallCompaniesRegimeForDirectorsReport 2024-12-30 2026-01-03 13774324 ns10:SmallCompaniesRegimeForAccounts 2024-12-30 2026-01-03 13774324 ns10:FullAccounts 2024-12-30 2026-01-03 13774324 1 2024-12-30 2026-01-03 13774324 ns10:OrdinaryShareClass1 2024-12-30 2026-01-03 13774324 ns10:Director3 2024-12-30 2026-01-03 13774324 ns10:RegisteredOffice 2024-12-30 2026-01-03 13774324 ns5:CurrentFinancialInstruments 2026-01-03 13774324 ns5:CurrentFinancialInstruments 2024-12-29 13774324 ns5:Non-currentFinancialInstruments 2026-01-03 13774324 ns5:Non-currentFinancialInstruments 2024-12-29 13774324 ns5:ShareCapital 2026-01-03 13774324 ns5:ShareCapital 2024-12-29 13774324 ns5:RetainedEarningsAccumulatedLosses 2026-01-03 13774324 ns5:RetainedEarningsAccumulatedLosses 2024-12-29 13774324 ns5:NetGoodwill 2024-12-30 2026-01-03 13774324 ns5:IntangibleAssetsOtherThanGoodwill 2024-12-30 2026-01-03 13774324 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-12-30 2026-01-03 13774324 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-30 2026-01-03 13774324 ns5:PlantMachinery 2024-12-30 2026-01-03 13774324 ns5:FurnitureFittings 2024-12-30 2026-01-03 13774324 ns5:MotorVehicles 2024-12-30 2026-01-03 13774324 ns5:ComputerEquipment 2024-12-30 2026-01-03 13774324 ns5:NetGoodwill 2024-12-29 13774324 ns5:IntangibleAssetsOtherThanGoodwill 2024-12-29 13774324 ns5:NetGoodwill 2026-01-03 13774324 ns5:IntangibleAssetsOtherThanGoodwill 2026-01-03 13774324 ns5:NetGoodwill 2024-12-29 13774324 ns5:IntangibleAssetsOtherThanGoodwill 2024-12-29 13774324 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-29 13774324 ns5:PlantMachinery 2024-12-29 13774324 ns5:FurnitureFittings 2024-12-29 13774324 ns5:ShortLeaseholdAssets ns5:LandBuildings 2026-01-03 13774324 ns5:PlantMachinery 2026-01-03 13774324 ns5:FurnitureFittings 2026-01-03 13774324 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-29 13774324 ns5:PlantMachinery 2024-12-29 13774324 ns5:FurnitureFittings 2024-12-29 13774324 ns5:MotorVehicles 2024-12-29 13774324 ns5:ComputerEquipment 2024-12-29 13774324 ns5:MotorVehicles 2026-01-03 13774324 ns5:ComputerEquipment 2026-01-03 13774324 ns5:MotorVehicles 2024-12-29 13774324 ns5:ComputerEquipment 2024-12-29 13774324 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-01-03 13774324 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-29 13774324 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2026-01-03 13774324 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-12-29 13774324 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2026-01-03 13774324 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-12-29 13774324 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2026-01-03 13774324 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2024-12-29 13774324 ns5:HirePurchaseContracts 2026-01-03 13774324 ns5:HirePurchaseContracts 2024-12-29 13774324 ns5:WithinOneYear 2026-01-03 13774324 ns5:WithinOneYear 2024-12-29 13774324 ns5:BetweenOneFiveYears 2026-01-03 13774324 ns5:BetweenOneFiveYears 2024-12-29 13774324 ns5:MoreThanFiveYears 2026-01-03 13774324 ns5:MoreThanFiveYears 2024-12-29 13774324 ns5:AllPeriods 2026-01-03 13774324 ns5:AllPeriods 2024-12-29 13774324 ns5:Secured 2026-01-03 13774324 ns5:Secured 2024-12-29 13774324 ns5:DeferredTaxation 2024-12-29 13774324 ns5:DeferredTaxation 2024-12-30 2026-01-03 13774324 ns5:DeferredTaxation 2026-01-03 13774324 ns10:OrdinaryShareClass1 2026-01-03

GEORGES TRADITION GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 30 DECEMBER 2024 TO 3 JANUARY 2026

GEORGES TRADITION GROUP LIMITED (REGISTERED NUMBER: 13774324)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 30 DECEMBER 2024 TO 3 JANUARY 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

GEORGES TRADITION GROUP LIMITED

COMPANY INFORMATION

FOR THE PERIOD 30 DECEMBER 2024 TO 3 JANUARY 2026

| DIRECTORS: | N D Hogan

| I Moore

| REGISTERED OFFICE: | Unit 1 Erewash Court

| Manners Industrial Estate

| Manners Avenue

| Ilkeston

| DE7 8EF

| REGISTERED NUMBER: | 13774324 (England and Wales)

| ACCOUNTANTS: | Sibbalds Limited

| Chartered Accountants and Business Advisers

| Sixth Floor

| Cavendish Building

| 1 Agard Street

| Derby

| Derbyshire

| DE1 1DZ

GEORGES TRADITION GROUP LIMITED (REGISTERED NUMBER: 13774324)

BALANCE SHEET

3 JANUARY 2026

| 2026 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 2,177,253 |  | 2,282,874 |  |

Tangible assets | 5 | 492,991 |  | 423,661 |  |

2,670,244 |  | 2,706,535 |  |

CURRENT ASSETS

Stocks | 6 | 138,345 |  | 118,049 |  |

Debtors | 7 | 145,934 |  | 228,890 |  |

Cash at bank and in hand | 261,360 |  | 123,128 |  |

545,639 |  | 470,067 |  |

CREDITORS

Amounts falling due within one year | 8 | 1,013,348 |  | 847,471 |  |

NET CURRENT LIABILITIES | (467,709 | ) | (377,404 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,202,535 |  | 2,329,131 |  |

CREDITORS

Amounts falling due after more than one year | 9 | 2,974,556 |  | 2,849,845 |  |

NET LIABILITIES | (772,021 | ) | (520,714 | ) |

CAPITAL AND RESERVES

Called up share capital | 14 | 100 |  | 100 |  |

Retained earnings | (772,121 | ) | (520,814 | ) |

SHAREHOLDERS' FUNDS | (772,021 | ) | (520,714 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 3 January 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 3 January 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.

GEORGES TRADITION GROUP LIMITED (REGISTERED NUMBER: 13774324)

BALANCE SHEET - continued

3 JANUARY 2026

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 Board of Directors and authorised for issue on 7 August 2026 and were signed on its behalf by:

N D Hogan - Director

GEORGES TRADITION GROUP LIMITED (REGISTERED NUMBER: 13774324)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 30 DECEMBER 2024 TO 3 JANUARY 2026

1. | STATUTORY INFORMATION

| Georges Tradition Group Limited 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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. Revenue is recognised at the point of sale when goods are supplied to the customer.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of twenty five 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.

| Patents and licences are being amortised evenly over their estimated useful life of twenty five years.

| Tangible fixed assets

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

| Short leasehold | - | Over the term of the lease

| Plant and machinery | - | 10% on cost

| Fixtures and fittings | - | 10% on cost

| Motor vehicles | - | 20% on cost

| Computer equipment | - | 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.

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

GEORGES TRADITION GROUP LIMITED (REGISTERED NUMBER: 13774324)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 30 DECEMBER 2024 TO 3 JANUARY 2026

2. | ACCOUNTING POLICIES - continued

| 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 period 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.

| 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.

| 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.

| Going concern

| The company is reliant on the support of its institutional shareholder and on the basis of this continued support and after reviewing latest projections, the director considers it appropriate to prepare these accounts on the going concern basis.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 138 (2024 - 143 ) .

4. | INTANGIBLE FIXED ASSETS

| Other |

| intangible |

| Goodwill |  | assets |  | Totals

£ | £ | £ |

| COST

| At 30 December 2024

| and 3 January 2026 | 2,544,997 |  | 52,832 |  | 2,597,829 |  |

| AMORTISATION

| At 30 December 2024 | 309,862 |  | 5,093 |  | 314,955 |  |

| Charge for period | 103,473 |  | 2,148 |  | 105,621 |  |

| At 3 January 2026 | 413,335 |  | 7,241 |  | 420,576 |  |

| NET BOOK VALUE

| At 3 January 2026 | 2,131,662 |  | 45,591 |  | 2,177,253 |  |

| At 29 December 2024 | 2,235,135 |  | 47,739 |  | 2,282,874 |  |

GEORGES TRADITION GROUP LIMITED (REGISTERED NUMBER: 13774324)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 30 DECEMBER 2024 TO 3 JANUARY 2026

5. | TANGIBLE FIXED ASSETS

| Fixtures

| Short |  | Plant and |  | and

| leasehold |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 30 December 2024 | 123,554 |  | 307,715 |  | 71,923 |  |

| Additions | 29,580 |  | 80,910 |  | 8,291 |  |

| At 3 January 2026 | 153,134 |  | 388,625 |  | 80,214 |  |

| DEPRECIATION

| At 30 December 2024 | 14,437 |  | 63,729 |  | 13,384 |  |

| Charge for period | 6,909 |  | 32,651 |  | 7,474 |  |

| At 3 January 2026 | 21,346 |  | 96,380 |  | 20,858 |  |

| NET BOOK VALUE

| At 3 January 2026 | 131,788 |  | 292,245 |  | 59,356 |  |

| At 29 December 2024 | 109,117 |  | 243,986 |  | 58,539 |  |

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 30 December 2024 | 11,250 |  | 8,722 |  | 523,164 |  |

| Additions | - |  | 819 |  | 119,600 |  |

| At 3 January 2026 | 11,250 |  | 9,541 |  | 642,764 |  |

| DEPRECIATION

| At 30 December 2024 | 6,386 |  | 1,567 |  | 99,503 |  |

| Charge for period | 2,287 |  | 949 |  | 50,270 |  |

| At 3 January 2026 | 8,673 |  | 2,516 |  | 149,773 |  |

| NET BOOK VALUE

| At 3 January 2026 | 2,577 |  | 7,025 |  | 492,991 |  |

| At 29 December 2024 | 4,864 |  | 7,155 |  | 423,661 |  |

6. | STOCKS

2026 | 2024 |

£ | £ |

| Stocks | 138,345 |  | 118,049 |  |

GEORGES TRADITION GROUP LIMITED (REGISTERED NUMBER: 13774324)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 30 DECEMBER 2024 TO 3 JANUARY 2026

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2024 |

£ | £ |

| Trade debtors | 1,534 |  | 1,644 |  |

| Other debtors | 144,400 |  | 227,246 |  |

145,934 |  | 228,890 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2024 |

£ | £ |

| Hire purchase contracts (see note 11) | 4,394 |  | 24,815 |  |

| Trade creditors | 349,447 |  | 289,353 |  |

| Taxation and social security | 303,218 |  | 313,426 |  |

| Other creditors | 356,289 |  | 219,877 |  |

1,013,348 |  | 847,471 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2024 |

£ | £ |

| Hire purchase contracts (see note 11) | - |  | 4,394 |  |

| Other creditors | 2,974,556 |  | 2,845,451 |  |

2,974,556 |  | 2,849,845 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Other loans more 5yrs instal | 2,794,000 |  | 2,588,197 |  |

10. | LOANS

| An analysis of the maturity of loans is given below:

2026 | 2024 |

£ | £ |

| Amounts falling due within one year or on demand:

| Other loans | 136,541 |  | 15,090 |  |

| Amounts falling due between two and five years:

| Other loans - 2-5 years | 180,556 |  | 257,254 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Other loans more 5yrs instal | 2,794,000 |  | 2,588,197 |  |

GEORGES TRADITION GROUP LIMITED (REGISTERED NUMBER: 13774324)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 30 DECEMBER 2024 TO 3 JANUARY 2026

11. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2026 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 4,394 |  | 24,815 |  |

| Between one and five years | - |  | 4,394 |  |

4,394 |  | 29,209 |  |

| Non-cancellable |

| operating leases |

2026 | 2024 |

£ | £ |

| Within one year | 137,450 |  | 137,450 |  |

| Between one and five years | 549,800 |  | 549,800 |  |

| In more than five years | 1,568,954 |  | 1,647,404 |  |

2,256,204 |  | 2,334,654 |  |

12. | SECURED DEBTS

| The following secured debts are included within creditors:

2026 | 2024 |

£ | £ |

| Hire purchase contracts | 4,394 |  | 29,209 |  |

| Other loans | 2,974,556 |  | 2,845,451 |  |

2,978,950 |  | 2,874,660 |  |

| Borrowings are secured by fixed and floating charges over the assets of the company.

| Liabilities under hire purchase agreements are secured against the individual assets concerned.

13. | DEFERRED TAX

£ |

| Balance at 30 December 2024 | (57,300 | ) |

| Provided during period | 57,300 |  |

| Balance at 3 January 2026 | - |  |

GEORGES TRADITION GROUP LIMITED (REGISTERED NUMBER: 13774324)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 30 DECEMBER 2024 TO 3 JANUARY 2026

14. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1.00 | 100 |  | 100 |  |