G H Lunn & Sons Limited 04621290 false 2025-01-01 2025-12-31 2025-12-31 The principal activity of the company is Petrol Retailers Digita Accounts Production Advanced 6.30.9574.0 true 04621290 2025-01-01 2025-12-31 04621290 2025-12-31 04621290 bus:OrdinaryShareClass1 2025-12-31 04621290 core:CurrentFinancialInstruments 2025-12-31 04621290 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 04621290 core:LandBuildings core:LongLeaseholdAssets 2025-12-31 04621290 core:LandBuildings core:OwnedOrFreeholdAssets 2025-12-31 04621290 core:PlantMachinery 2025-12-31 04621290 bus:SmallEntities 2025-01-01 2025-12-31 04621290 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 04621290 bus:FullAccounts 2025-01-01 2025-12-31 04621290 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04621290 bus:RegisteredOffice 2025-01-01 2025-12-31 04621290 bus:Director3 2025-01-01 2025-12-31 04621290 bus:Director4 2025-01-01 2025-12-31 04621290 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 04621290 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04621290 bus:Agent1 2025-01-01 2025-12-31 04621290 core:CommercialMotorVehicles 2025-01-01 2025-12-31 04621290 core:LandBuildings 2025-01-01 2025-12-31 04621290 core:LandBuildings core:LongLeaseholdAssets 2025-01-01 2025-12-31 04621290 core:LandBuildings core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 04621290 core:PlantMachinery 2025-01-01 2025-12-31 04621290 countries:EnglandWales 2025-01-01 2025-12-31 04621290 2024-12-31 04621290 core:LandBuildings core:LongLeaseholdAssets 2024-12-31 04621290 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 04621290 core:PlantMachinery 2024-12-31 04621290 2024-01-01 2024-12-31 04621290 2024-12-31 04621290 bus:OrdinaryShareClass1 2024-12-31 04621290 core:CurrentFinancialInstruments 2024-12-31 04621290 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 04621290 core:LandBuildings core:LongLeaseholdAssets 2024-12-31 04621290 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 04621290 core:PlantMachinery 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04621290

G H Lunn & Sons Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 December 2025

Company Information

Directors | Mrs Sarah Louise Lunn Mr Simon Nigel George Lunn

Registered office | Turnpike Road Weare Axbridge Somerset BS26 2JE

Accountants | R S Porter & Co Limited The Old Dairy Ashton Hill Farm Weston Road Failand Bristol BS8 3US

Directors' Report for the Year Ended 31 December 2025

The directors present their report and the financial statements for the year ended 31 December 2025.

Directors of the company

The directors who held office during the year were as follows:

Mrs Sarah Louise Lunn

Mr Simon Nigel George Lunn

Principal activity

The principal activity of the company is Petrol Retailers

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 19 February 2026 and signed on its behalf by:

......................................... Mr Simon Nigel George Lunn Director

(Registration number: 04621290)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 120,429 | 135,916
Current assets |  |  |
Stocks | 5 | 247,796 | 174,657
Debtors | 6 | 22,692 | 47,031
Cash at bank and in hand |  | 472,193 | 496,006
|  | 742,681 | 717,694
Creditors: Amounts falling due within one year | 7 | (60,534) | (72,749)
Net current assets |  | 682,147 | 644,945
Total assets less current liabilities |  | 802,576 | 780,861
Provisions for liabilities |  | (12,352) | (13,468)
Net assets |  | 790,224 | 767,393
Capital and reserves |  |  |
Called up share capital | 8 | 1,000 | 1,000
Retained earnings |  | 789,224 | 766,393
Shareholders' funds |  | 790,224 | 767,393

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 19 February 2026 and signed on its behalf by:

......................................... Mr Simon Nigel George Lunn Director

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Turnpike Road
Weare
Axbridge
Somerset
BS26 2JE

These financial statements were authorised for issue by the Board on 19 February 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Land and buildings | 5% straight line
Plant and machinery | 15% straight line
Commercial motor vehicles | 25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

3.1 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 12 (2024 - 12).

4 | Tangible assets

| Land and buildings £ | Long leasehold land and buildings £ | Plant and machinery £ | Total £
Cost or valuation
At 1 January 2025 | 33,637 | 111,796 | 165,660 | 311,093
At 31 December 2025 | 33,637 | 111,796 | 165,660 | 311,093
Depreciation
At 1 January 2025 | - | 69,002 | 106,175 | 175,177
Charge for the year | - | 5,590 | 9,897 | 15,487
At 31 December 2025 | - | 74,592 | 116,072 | 190,664
Carrying amount
At 31 December 2025 | 33,637 | 37,204 | 49,588 | 120,429
At 31 December 2024 | 33,637 | 42,794 | 59,485 | 135,916

Included within the net book value of land and buildings above is £33,637 (2024 - £33,637) in respect of freehold land and buildings and £37,204 (2024 - £42,794) in respect of long leasehold land and buildings.

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 247,796 | 174,657

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 22,692 | 46,280
Prepayments | - | 751
| 22,692 | 47,031

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 40,688 | 42,303
Taxation and social security | 16,096 | 16,231
Accruals and deferred income | 3,750 | 3,600
Other creditors | - | 10,615
| 60,534 | 72,749

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 1,000 | 1,000 | 1,000 | 1,000