REGISTERED NUMBER: 10032509 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 6 APRIL 2025 TO 30 APRIL 2026

FOR

GILBERT STIRLING LEE LIMITED

Page

Company Information

1

Statement of Income and Retained Earnings

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

G J Stirling Lee

Mrs. P J Stirling Lee

REGISTERED OFFICE:

3 Temple Guiting

Cheltenham

United Kingdom

Gloucestershire

GL54 5RS

REGISTERED NUMBER:

10032509 (England and Wales)

ACCOUNTANTS:

G C Accountancy Limited

43 Merstow Green

Evesham

Worcestershire

WR11 4BB

TURNOVER

35,380

121,452

Cost of sales

3,762

16,320

GROSS PROFIT

31,618

105,132

Administrative expenses

67,132

63,920

OPERATING (LOSS)/PROFIT

4

(35,514

)

41,212

Interest receivable and similar income

3,387

3,654

(LOSS)/PROFIT BEFORE TAXATION

(32,127

)

44,866

Tax on (loss)/profit

(5,626

)

8,661

(LOSS)/PROFIT FOR THE FINANCIAL PERIOD

(26,501

)

36,205

Retained earnings at beginning of period

69,663

78,458

Dividends

(19,500

)

(45,000

)

RETAINED EARNINGS AT END OF PERIOD

23,662

69,663

FIXED ASSETS

Intangible assets

5

-

1,200

Tangible assets

6

2,865

2,260

2,865

3,460

CURRENT ASSETS

Debtors

7

6,317

-

Cash at bank

34,398

81,434

40,715

81,434

CREDITORS

Amounts falling due within one year

8

19,818

15,131

NET CURRENT ASSETS

20,897

66,303

TOTAL ASSETS LESS CURRENT LIABILITIES

23,762

69,763

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

23,662

69,663

SHAREHOLDERS' FUNDS

23,762

69,763

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2026 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.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by:

G J Stirling Lee - Director

1.	STATUTORY INFORMATION

Gilbert Stirling Lee 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Hire purchase and leasing commitments

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 period was 1 (2025 - 1 ) .

4.	OPERATING (LOSS)/PROFIT

The operating loss (2025 - operating profit) is stated after charging:

PERIOD

6.4.25

TO

YEAR ENDED

30.4.26

5.4.25

£

£

Depreciation - owned assets

924

633

Goodwill amortisation

1,200

1,200

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 6 April 2025

and 30 April 2026

12,000

AMORTISATION

At 6 April 2025

10,800

Amortisation for period

1,200

At 30 April 2026

12,000

NET BOOK VALUE

At 30 April 2026

-

At 5 April 2025

1,200

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 6 April 2025

1,116

3,115

4,231

Additions

-

1,529

1,529

At 30 April 2026

1,116

4,644

5,760

DEPRECIATION

At 6 April 2025

46

1,925

1,971

Charge for period

289

635

924

At 30 April 2026

335

2,560

2,895

NET BOOK VALUE

At 30 April 2026

781

2,084

2,865

At 5 April 2025

1,070

1,190

2,260

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

5,626

-

VAT

691

-

6,317

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

2

2

Corporation tax

-

8,661

Social security and other taxes

1,779

549

VAT

-

2,744

Directors' current accounts

17,186

2,327

Accrued expenses

851

848

19,818

15,131