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REGISTERED NUMBER: 03886489 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

George James Ltd.

George James Ltd. (Registered number: 03886489)

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

George James Ltd.

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | J G Cooper

| J Cooper

| S A Vaughan

| C M Walter

| REGISTERED OFFICE: | 2 Craigmore

| Brampton

| Cumbria

| CA8 1AZ

| REGISTERED NUMBER: | 03886489 (England and Wales)

| ACCOUNTANTS: | Clements

| Chartered Accountants

| 17 Colquhoun Square

| Helensburgh

| G84 8AD

George James Ltd. (Registered number: 03886489)

Balance Sheet

31 December 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,500 |  | 4,260 |  |

CURRENT ASSETS

Debtors | 5 | 47,680 |  | 133,549 |  |

Cash at bank and in hand | 248,761 |  | 153,776 |  |

296,441 |  | 287,325 |  |

CREDITORS

Amounts falling due within one year | 6 | 127,462 |  | 90,875 |  |

NET CURRENT ASSETS | 168,979 |  | 196,450 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 170,479 |  | 200,710 |  |

PROVISIONS FOR LIABILITIES | 353 |  | 809 |  |

NET ASSETS | 170,126 |  | 199,901 |  |

CAPITAL AND RESERVES

Called up share capital | 15 |  | 15 |  |

Capital redemption reserve | 7 | 135 |  | 135 |  |

Retained earnings | 7 | 169,976 |  | 199,751 |  |

SHAREHOLDERS' FUNDS | 170,126 |  | 199,901 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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.

George James Ltd. (Registered number: 03886489)

Balance Sheet - continued

31 December 2025

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2026 and were signed on its behalf by:

J G Cooper - Director

George James Ltd. (Registered number: 03886489)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| George James 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 represents net invoiced sales of services, excluding value added tax, which are recognised when the company obtains the right to consideration.

| Tangible fixed assets

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

| Land and buildings | - | 50% on cost

| Plant and machinery etc | - | 33% on cost and 25% on reducing balance

| Financial instruments

| The company only has basic financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

| Taxation

| Taxation for the year comprises current and deferred tax.

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

| Pension costs and other post-retirement benefits

| The company makes contributions to directors' and employees' personal pension schemes. Contributions for the year are charged in the Profit and Loss Account.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 11 ) .

George James Ltd. (Registered number: 03886489)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | 20,067 |  | 7,533 |  | 27,600 |  |

| Additions | 11,967 |  | - |  | 11,967 |  |

| Disposals | (20,067 | ) | (1,280 | ) | (21,347 | ) |

| At 31 December 2025 | 11,967 |  | 6,253 |  | 18,220 |  |

| DEPRECIATION

| At 1 January 2025 | 20,067 |  | 3,273 |  | 23,340 |  |

| Charge for year | 11,967 |  | 2,121 |  | 14,088 |  |

| Eliminated on disposal | (20,067 | ) | (641 | ) | (20,708 | ) |

| At 31 December 2025 | 11,967 |  | 4,753 |  | 16,720 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  | 1,500 |  | 1,500 |  |

| At 31 December 2024 | - |  | 4,260 |  | 4,260 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade debtors | 19,886 |  | 95,501 |  |

| Other debtors | 27,794 |  | 38,048 |  |

47,680 |  | 133,549 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade creditors | 15,469 |  | 12,622 |  |

| Taxation and social security | 65,699 |  | 29,650 |  |

| Other creditors | 46,294 |  | 48,603 |  |

127,462 |  | 90,875 |  |

7. | RESERVES

| Capital |

| Retained |  | redemption |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 January 2025 | 199,751 |  | 135 |  | 199,886 |  |

| Profit for the year | 81,287 |  | 81,287 |  |

| Dividends | (111,062 | ) | (111,062 | ) |

| At 31 December 2025 | 169,976 |  | 135 |  | 170,111 |  |

George James Ltd. (Registered number: 03886489)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

8. | RELATED PARTY DISCLOSURES

| During the year, total dividends of £110,062 (2024 - £89,800) were paid to the directors .

| Dividends of £1,000 (2024 - £21,000) were paid to the children of 2 (2024 - 1) of the directors.