REGISTERED NUMBER: 05253250 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

GEORGE EDWARDS & SON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Edwards

C Edwards

SECRETARY:

C Edwards

REGISTERED OFFICE:

25 Grosvenor Road

Wrexham

LL11 1BT

REGISTERED NUMBER:

05253250 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25 Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

HSBC Bank plc

17-19 Regent Street

Wrexham

LL11 1RN

FIXED ASSETS

Intangible assets

4

2

2

Tangible assets

5

439,736

363,906

439,738

363,908

CURRENT ASSETS

Stocks

6

4,980

5,914

Debtors

7

88,233

40,290

Cash at bank and in hand

189,020

264,590

282,233

310,794

CREDITORS

Amounts falling due within one year

8

243,088

212,592

NET CURRENT ASSETS

39,145

98,202

TOTAL ASSETS LESS CURRENT LIABILITIES

478,883

462,110

PROVISIONS FOR LIABILITIES

9

106,313

90,977

NET ASSETS

372,570

371,133

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

372,470

371,033

SHAREHOLDERS' FUNDS

372,570

371,133

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 1st September 2026 and were signed on its behalf by:

C Edwards - Director

1.	STATUTORY INFORMATION

George Edwards & Son 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.

Turnover has arisen wholly within the United Kingdom.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, 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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Intangible assets

Intangible assets are written off at the following rates: -

Patents and licences - 20% on cost

Tangible fixed assets

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

Motor vehicles

-

10% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, 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.

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 year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

Goodwill

licences

Totals

£

£

£

COST

At 1st January 2025

and 31st December 2025

40,000

3,192

43,192

AMORTISATION

At 1st January 2025

and 31st December 2025

39,999

3,191

43,190

NET BOOK VALUE

At 31st December 2025

1

1

2

At 31st December 2024

1

1

2

5.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st January 2025

912,272

10,611

922,883

Additions

163,250

375

163,625

Disposals

(53,450

)

-

(53,450

)

At 31st December 2025

1,022,072

10,986

1,033,058

DEPRECIATION

At 1st January 2025

551,895

7,082

558,977

Charge for year

75,289

451

75,740

Eliminated on disposal

(41,395

)

-

(41,395

)

At 31st December 2025

585,789

7,533

593,322

NET BOOK VALUE

At 31st December 2025

436,283

3,453

439,736

At 31st December 2024

360,377

3,529

363,906

6.

STOCKS

31.12.25

31.12.24

£

£

Stocks

4,980

5,914

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

53,358

28,035

Other debtors

151

73

VAT

31,867

9,065

Prepayments

2,857

3,117

88,233

40,290

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

9,579

2,970

Credit card control account

932

1,790

Tax

-

6,916

Social security and other taxes

2,122

1,849

Directors' current accounts

227,400

195,164

Accrued expenses

3,055

3,903

243,088

212,592

9.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

Accelerated capital allowances

109,934

90,977

Tax losses carried forward

(3,621

)

-

106,313

90,977

Deferred

tax

£

Balance at 1st January 2025

90,977

Movement in period due to:

Changes in tax allowances

18,957

Changes in tax losses

(3,621

)

Balance at 31st December 2025

106,313

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Retained

earnings

£

At 1st January 2025

371,033

Profit for the year

41,437

Dividends

(40,000

)

At 31st December 2025

372,470