REGISTERED NUMBER: 01259319 (England and Wales)

Gwyn Thomas Limited

Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A P Sewell

Mrs S B Sewell

SECRETARY:

A P Sewell

REGISTERED OFFICE:

Unit 1

Silver End Business Park

Brierley Hill

West Midlands

B62 9JT

REGISTERED NUMBER:

01259319 (England and Wales)

ACCOUNTANTS:

UHY Hacker Young (Bham) LLP

9-11 Vittoria Street

Birmingham

B1 3ND

FIXED ASSETS

Tangible assets

4

205,065

220,487

CURRENT ASSETS

Stocks

28,500

39,756

Debtors

5

324,817

462,183

Cash at bank

139,590

173,457

492,907

675,396

CREDITORS

Amounts falling due within one year

6

410,519

560,963

NET CURRENT ASSETS

82,388

114,433

TOTAL ASSETS LESS CURRENT LIABILITIES

287,453

334,920

PROVISIONS FOR LIABILITIES

9,262

18,872

NET ASSETS

278,191

316,048

CAPITAL AND RESERVES

Called up share capital

20,000

20,000

Share premium

25,023

25,023

Revaluation reserve

7

18,610

-

Retained earnings

214,558

271,025

SHAREHOLDERS' FUNDS

278,191

316,048

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2026 and were signed on its behalf by:

A P Sewell - Director

1.	STATUTORY INFORMATION

Gwyn Thomas 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is charged to write off the cost of fixed assets over their useful lives using the reducing balance method. The following rates are applied:

Motor Vehicles: 25% per annum

Fixtures & Fittings: 10% per annum

Depreciation is charged from when assets are available for use until disposal.

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 Profit and loss account, 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.

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 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 January 2025

and 31 December 2025

145,000

189,842

334,842

DEPRECIATION

At 1 January 2025

-

114,355

114,355

Charge for year

-

15,422

15,422

At 31 December 2025

-

129,777

129,777

NET BOOK VALUE

At 31 December 2025

145,000

60,065

205,065

At 31 December 2024

145,000

75,487

220,487

Cost or valuation at 31 December 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2023

120,187

-

120,187

Valuation in 2024

24,813

-

24,813

Cost

-

189,842

189,842

145,000

189,842

334,842

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

316,562

459,828

Amounts owed by participating interests

3,000

-

Other debtors

5,255

2,355

324,817

462,183

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

353,652

375,779

Taxation and social security

44,055

94,633

Other creditors

12,812

90,551

410,519

560,963

7.

RESERVES

Revaluation

reserve

£

Transfer to/from other reserve

24,813

Deferred Tax

(6,203

)

At 31 December 2025

18,610

8.	RELATED PARTY DISCLOSURES

During the year, the company made payments totalling £3,000 to Gwyn Thomas Property Limited a company under the common control of the directors. At the year end, the balance receivable was £3,000.