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Company Registration No. 08709867 (England and Wales)
Guthrie & Ghani Limited Unaudited accounts for the year ended 31 March 2026
Guthrie & Ghani Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Guthrie & Ghani Limited Company Information for the year ended 31 March 2026
Director
Lauren Guthrie
Company Number
08709867 (England and Wales)
Registered Office
169 Alcester Road Birmingham West Midlands B13 8JR England
Accountants
Integritax Accountants Ltd 116 Yardley Road Acocks Green Birmingham B27 6LG
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Guthrie & Ghani Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Intangible assets
4
22,683
26,057
Tangible assets
5
49,532
39,166
72,215
65,223
Current assets
Inventories
110,000
120,000
Debtors
6
30,287
33,840
Cash at bank and in hand
184,995
225,171
325,282
379,011
Creditors: amounts falling due within one year
7
(93,598)
(128,223)
Net current assets
231,684
250,788
Total assets less current liabilities
303,899
316,011
Creditors: amounts falling due after more than one year
8
(26,329)
(32,231)
Net assets
277,570
283,780
Capital and reserves
Called up share capital
100
100
Profit and loss account
277,470
283,680
Shareholders' funds
277,570
283,780
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 July 2026 and were signed on its behalf by
Lauren Guthrie Director Company Registration No. 08709867
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Guthrie & Ghani Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Guthrie & Ghani Limited is a private company, limited by shares, registered in England and Wales, registration number 08709867. The registered office is 169 Alcester Road, Birmingham, West Midlands, B13 8JR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Guthrie & Ghani Limited Notes to the Accounts for the year ended 31 March 2026
4
Intangible fixed assets
Goodwill
Other
Total
£
£
£
Cost
At 1 April 2025
16,850
44,853
61,703
At 31 March 2026
16,850
44,853
61,703
Amortisation
At 1 April 2025
2,190
33,456
35,646
Charge for the year
1,095
2,279
3,374
At 31 March 2026
3,285
35,735
39,020
Net book value
At 31 March 2026
13,565
9,118
22,683
At 31 March 2025
14,660
11,397
26,057
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2025
79,933
27,105
107,038
Additions
25,109
-
25,109
At 31 March 2026
105,042
27,105
132,147
Depreciation
At 1 April 2025
50,502
17,370
67,872
Charge for the year
11,531
3,212
14,743
At 31 March 2026
62,033
20,582
82,615
Net book value
At 31 March 2026
43,009
6,523
49,532
At 31 March 2025
29,431
9,735
39,166
6
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
287
3,840
Other debtors
30,000
30,000
30,287
33,840
7
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
42,222
67,415
Taxes and social security
36,901
26,776
Other creditors
173
18,943
Loans from directors
14,302
15,089
93,598
128,223
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Guthrie & Ghani Limited Notes to the Accounts for the year ended 31 March 2026
8
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
26,329
32,231
9
Average number of employees
During the year the average number of employees was 14 (2025: 14).
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