Registration number: 04718529

Garsden Pepper Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Garsden Pepper Limited

(Registration number: 04718529)
Balance Sheet as at 30 April 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	5,263	7,238
Current assets
Stocks		12,246	14,600
Debtors	5	216,404	245,970
Cash at bank and in hand		126,762	163,991
		355,412	424,561
Creditors: Amounts falling due within one year	6	(78,653)	(150,622)
Net current assets		276,759	273,939
Net assets		282,022	281,177
Capital and reserves
Called up share capital	7	2	2
Profit and loss account		282,020	281,175
Shareholders' funds		282,022	281,177

For the financial year ending 30 April 2026 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 September 2026:
 

Mrs Louise Helen Duke Company secretary and director

Mr Matthew Edmund John Duke Director

Garsden Pepper Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

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:
Twin Cottage
Graffham
Petworth
GU28 0PT

2	Accounting policies

Basis of preparation

These financial statements have been prepared using the historical cost convention in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

The presentation currency is sterling.

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.

Going concern
The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover shown in the profit and loss account and statement of retained earnings represents the fair value of the consideration received or receivable, exclusive of Value Added Tax. Turnover includes revenue earned from the rendering of services and from construction contracts.

Construction contracts
In respect of long-term contracts, turnover represents the value of work done in the year, including estimates of amounts not invoiced. When the outcome of a construction contract can be estimated reliably, the Company will recognise revenue by reference to the stage of completion at the date of the financial statements. The stage of completion is determined by the proportion of costs incurred to date in comparison to the total estimated final costs for the contract.

Rendering of services
Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in the profit and loss account.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Garsden Pepper Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

Deferred tax
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.

Tangible assets

Tangible assets are stated 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 over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & machinery	25% Reducing Balance
Office equipment	33% Reducing Balance

Cash
Cash comprises cash on hand and all deposits.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. 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 net realisable value.

The cost of work in progress comprises direct materials and, where applicable, direct labour costs and overheads.

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 at the transaction price.

Garsden Pepper Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

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 an employee benefit expense when they are due.

3	Staff numbers

The average number of persons employed by the company during the year was 2 (2025 - 2).

4	Tangible assets

	Office equipment  £	Plant & machinery £	Total £
Cost
At 1 May 2025	5,869	42,127	47,996
At 30 April 2026	5,869	42,127	47,996
Depreciation
At 1 May 2025	3,794	36,964	40,758
Charge for the year	684	1,291	1,975
At 30 April 2026	4,478	38,255	42,733
Net book value
At 30 April 2026	1,391	3,872	5,263
At 30 April 2025	2,075	5,163	7,238

5

Debtors

	2026 £	2025 £
Trade debtors	8,995	198,670
Related party loan	187,789	35,000
Other debtors	18,386	10,691
Prepayments	1,234	1,609
	216,404	245,970

Garsden Pepper Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Trade creditors	30,684	21,030
Taxation and social security	20,232	76,035
Other loans	624	1,450
Accruals	27,113	52,107
	78,653	150,622