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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
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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
22,683 
26,057 
Tangible assets
49,532 
39,166 
72,215 
65,223 
Current assets
Inventories
110,000 
120,000 
Debtors
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
(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
(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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