REGISTERED NUMBER: 09921940 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Gill International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D S Gill

S K Gill

J P Gill

REGISTERED OFFICE:

68A Boston Road

Leicester

Leicestershire

LE4 1AW

REGISTERED NUMBER:

09921940 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Tangible assets

4

35,882

61,684

CURRENT ASSETS

Stocks

138,686

131,944

Debtors

5

213,043

265,252

Cash at bank and in hand

835,750

755,292

1,187,479

1,152,488

CREDITORS

Amounts falling due within one year

6

(370,025

)

(513,541

)

NET CURRENT ASSETS

817,454

638,947

TOTAL ASSETS LESS CURRENT LIABILITIES

853,336

700,631

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

853,236

700,531

853,336

700,631

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 August 2026 and were signed on its behalf by:

D S Gill - Director

1.	STATUTORY INFORMATION

Gill International 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.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

10% or 20% on cost

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell on a first in first out basis 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 Statement of Income and Retained Earnings, 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.

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 11 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

7,288

1,500

108,899

4,616

122,303

Additions

-

-

-

3,926

3,926

Disposals

-

-

(28,250

)

-

(28,250

)

At 31 December 2025

7,288

1,500

80,649

8,542

97,979

DEPRECIATION

At 1 January 2025

4,940

1,200

50,905

3,574

60,619

Charge for year

728

150

16,130

1,420

18,428

Eliminated on disposal

-

-

(16,950

)

-

(16,950

)

At 31 December 2025

5,668

1,350

50,085

4,994

62,097

NET BOOK VALUE

At 31 December 2025

1,620

150

30,564

3,548

35,882

At 31 December 2024

2,348

300

57,994

1,042

61,684

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

196,524

127,079

Other debtors

16,519

138,173

213,043

265,252

Other debtors include prepayments and accrued income of £6,519 (2024: £6,406).

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

209,920

310,056

Taxation and social security

100,834

66,236

Other creditors

59,271

137,249

370,025

513,541

Other creditors includes accruals and deferred income of £5,726 (2024: £38,294).

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

D S Gill

Balance outstanding at start of year

-

-

Amounts advanced

33,631

-

Amounts repaid

(33,631

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

The loan was repayable on demand and interest has been charged at HMRC's official rate.