REGISTERED NUMBER: 02291725 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

GAWLER TAPES AND PLASTICS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Wall

M Jones

REGISTERED OFFICE:

Unit 3, Easter Court, Goodrich Close

Westerleigh Business Park

Yate

Bristol

Avon

BS37 5YS

REGISTERED NUMBER:

02291725 (England and Wales)

ACCOUNTANT:

Grahame J Harbour Limited

1 Windrush Road

Keynsham

Bristol

Avon

BS31 1QL

FIXED ASSETS

Tangible assets

4

323,968

200,838

CURRENT ASSETS

Stocks

596,042

521,203

Debtors

5

845,821

843,511

Cash at bank

319,041

266,623

1,760,904

1,631,337

CREDITORS

Amounts falling due within one year

6

687,679

507,917

NET CURRENT ASSETS

1,073,225

1,123,420

TOTAL ASSETS LESS CURRENT LIABILITIES

1,397,193

1,324,258

PROVISIONS FOR LIABILITIES

80,122

49,280

NET ASSETS

1,317,071

1,274,978

CAPITAL AND RESERVES

Called up share capital

600

600

Retained earnings

1,316,471

1,274,378

SHAREHOLDERS' FUNDS

1,317,071

1,274,978

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.

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 19 March 2026 and were signed on its behalf by:

M Jones - Director

1.	STATUTORY INFORMATION

Gawler Tapes and Plastics 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

at variable rates on reducing balance

Computer equipment

-

20% 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 Income Statement, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 14 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

619,928

88,855

129,611

838,394

Additions

224,771

-

-

224,771

At 31 December 2025

844,699

88,855

129,611

1,063,165

DEPRECIATION

At 1 January 2025

459,323

49,336

128,897

637,556

Charge for year

96,344

4,940

357

101,641

At 31 December 2025

555,667

54,276

129,254

739,197

NET BOOK VALUE

At 31 December 2025

289,032

34,579

357

323,968

At 31 December 2024

160,605

39,519

714

200,838

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 January 2025

and 31 December 2025

139,332

DEPRECIATION

At 1 January 2025

95,247

Charge for year

11,021

At 31 December 2025

106,268

NET BOOK VALUE

At 31 December 2025

33,064

At 31 December 2024

44,085

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

482,710

502,513

Amounts owed by group undertakings

323,510

323,510

Other debtors

500

500

Tax

14,906

-

Prepayments and accrued income

24,195

16,988

845,821

843,511

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

-

18,750

Trade creditors

376,831

363,416

Tax

-

18,296

Social security and other taxes

72,729

46,210

Accruals and deferred income

238,119

61,245

687,679

507,917

7.	RELATED PARTY DISCLOSURES

National Seal Systems Limited who own 100% of the issued share capital of the parent company, Hyper Alley Limited, was owed £Nil (2024 - £Nil) by the company at the year end.