REGISTERED NUMBER: 10669851 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

G.V. Thomas & Co Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G V Thomas

G H Thomas

Mrs S L Thomas

REGISTERED OFFICE:

Williamston House

7 Goat Street

Haverfordwest

Pembrokeshire

SA61 1PX

REGISTERED NUMBER:

10669851 (England and Wales)

FIXED ASSETS

Intangible assets

4

3,300

6,600

Tangible assets

5

28,360

34,739

31,660

41,339

CURRENT ASSETS

Stocks

100,000

100,000

Debtors

128,739

123,909

Cash at bank

213,159

201,942

441,898

425,851

CREDITORS

Amounts falling due within one year

274,942

207,474

NET CURRENT ASSETS

166,956

218,377

TOTAL ASSETS LESS CURRENT LIABILITIES

198,616

259,716

PROVISIONS FOR LIABILITIES

5,388

6,600

NET ASSETS

193,228

253,116

CAPITAL AND RESERVES

Called up share capital

30

30

Retained earnings

193,198

253,086

SHAREHOLDERS' FUNDS

193,228

253,116

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 14 July 2026 and were signed on its behalf by:

G V Thomas - Director

G H Thomas - Director

Mrs S L Thomas - Director

1.	STATUTORY INFORMATION

G.V. Thomas & Co 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.

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 2017, 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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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 year 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.

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.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

and 31 March 2026

33,000

AMORTISATION

At 1 April 2025

26,400

Amortisation for year

3,300

At 31 March 2026

29,700

NET BOOK VALUE

At 31 March 2026

3,300

At 31 March 2025

6,600

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

69,482

Additions

1,933

At 31 March 2026

71,415

DEPRECIATION

At 1 April 2025

34,743

Charge for year

8,312

At 31 March 2026

43,055

NET BOOK VALUE

At 31 March 2026

28,360

At 31 March 2025

34,739