P. R. Gaunt Technical Services Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 03518750

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		816		1,105

			816		1,105
CURRENT ASSETS
Debtors	5	56,491		57,026
Cash at bank and in hand		198,281		228,267

		254,772		285,293
Creditors: Amounts Falling Due Within One Year	6	(19,319 )		(23,160 )

NET CURRENT ASSETS (LIABILITIES)			235,453		262,133

TOTAL ASSETS LESS CURRENT LIABILITIES			236,269		263,238

NET ASSETS			236,269		263,238

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			236,268		263,237

SHAREHOLDERS' FUNDS			236,269		263,238

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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Phillip Gaunt

Director

12th August 2026

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

P. R. Gaunt Technical Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03518750 . The registered office is 16 Mill Street, Coton in the Elms, Swadlincote, Debryshire, DE12 8ES.

2. Accounting Policies

2.1. Early Adoption of Amendments to FRS 102 (Periodic Review 2024)

The company has early adopted the amendments to FRS 102, arising from the Financial Reporting Council's Periodic Review 2024, issued in March 2024. These amendments are effective for accounting periods beginning on or after 1 January 2026, but the company] has elected to apply them in these financial statements for the year ended 31/03/2026.

The amendments primarily affect the company's accounting for (please complete sentence with areas affected such as revenue recognition, lease accounting and supplier finance arrangements).

The impact of early adoption has resulted in no significant changes.

Further details of the transition and the effect on the financial statements are provided in the notes.

2.2. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% per annum on reducing balance
Computer Equipment	25% per annum on reducing balance

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. 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 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. 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.

...CONTINUED

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P. R. Gaunt Technical Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Taxation - continued

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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2026	2025
Office and administration	1	1

	1	1

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	6,809	9,651	16,460

As at 31 March 2026	6,809	9,651	16,460

Depreciation
As at 1 April 2025	6,653	8,702	15,355
Provided during the period	52	237	289

As at 31 March 2026	6,705	8,939	15,644

Net Book Value
As at 31 March 2026	104	712	816

As at 1 April 2025	156	949	1,105

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	56,491	57,026

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P. R. Gaunt Technical Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	1	1
Corporation tax	2,873	8,681
Other taxes and social security	489	69
VAT	11,624	11,550
Accruals and deferred income	840	828
Director's loan account	3,492	2,031

	19,319	23,160

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

8. Dividends

	2026	2025
	£	£
On equity shares:
Interim dividend paid	18,000	25,000
Final dividend paid	20,200	7,500

	38,200	32,500

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