REGISTERED NUMBER: 07864535 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

BILLS GATES (UK) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

W C Burton

REGISTERED OFFICE:

120 Cockfosters Road

BARNET

EN4 0DZ

REGISTERED NUMBER:

07864535 (England and Wales)

ACCOUNTANTS:

G & A Partners LLP

Chartered Accountants

120 Cockfosters Road

Barnet

EN4 0DZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

85,331

72,325

85,331

72,325

CURRENT ASSETS

Stocks

13,100

12,150

Debtors

6

97,508

65,466

Cash at bank

150,143

165,611

260,751

243,227

CREDITORS

Amounts falling due within one year

7

126,274

105,738

NET CURRENT ASSETS

134,477

137,489

TOTAL ASSETS LESS CURRENT LIABILITIES

219,808

209,814

CREDITORS

Amounts falling due after more than one year

8

(31,549

)

(36,097

)

PROVISIONS FOR LIABILITIES

9

(21,333

)

(18,081

)

NET ASSETS

166,926

155,636

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

166,826

155,536

SHAREHOLDERS' FUNDS

166,926

155,636

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 4 August 2026 and were signed by:

W C Burton - Director

1.	STATUTORY INFORMATION

Bills Gates (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 2014, is being amortised evenly over its estimated useful life of five years.

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

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Stock is valued at the lower of cost and net realisable value. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

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 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

12,500

AMORTISATION

At 1 April 2025

and 31 March 2026

12,500

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2025

139,458

10,155

149,613

Additions

32,430

-

32,430

Disposals

(17,880

)

-

(17,880

)

At 31 March 2026

154,008

10,155

164,163

DEPRECIATION

At 1 April 2025

70,237

7,051

77,288

Charge for year

16,858

776

17,634

Eliminated on disposal

(16,090

)

-

(16,090

)

At 31 March 2026

71,005

7,827

78,832

NET BOOK VALUE

At 31 March 2026

83,003

2,328

85,331

At 31 March 2025

69,221

3,104

72,325

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

Plant and

machinery

£

COST

At 1 April 2025

78,197

Additions

(4

)

At 31 March 2026

78,193

DEPRECIATION

At 1 April 2025

29,189

Charge for year

12,252

At 31 March 2026

41,441

NET BOOK VALUE

At 31 March 2026

36,752

At 31 March 2025

49,008

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

68,906

45,462

Other debtors

28,602

20,004

97,508

65,466

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

9,484

7,691

Trade creditors

89,220

78,744

Taxation and social security

23,879

13,466

Other creditors

3,691

5,837

126,274

105,738

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

31,549

36,097

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

Accelerated capital allowances

21,333

18,081

Deferred tax

£

Balance at 1 April 2025

18,081

Provided during year

3,252

Balance at 31 March 2026

21,333