REGISTERED NUMBER: 06575768 (England and Wales)

Financial Statements for the Year Ended 30 April 2026

for

GELLATLY (STAFFORD) LTD.

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

633,180

724,324

CURRENT ASSETS

Debtors

5

81,201

116,923

Cash at bank

80,868

276,382

162,069

393,305

CREDITORS

Amounts falling due within one year

6

336,002

514,730

NET CURRENT LIABILITIES

(173,933

)

(121,425

)

TOTAL ASSETS LESS CURRENT LIABILITIES

459,247

602,899

CREDITORS

Amounts falling due after more than one year

7

-

(3,750

)

PROVISIONS FOR LIABILITIES

(120,305

)

(137,622

)

NET ASSETS

338,942

461,527

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

338,941

461,526

338,942

461,527

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 29 September 2026 and were signed by:

Mr M R Gellatly - Director

1.	STATUTORY INFORMATION

Gellatly (Stafford) Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06575768

Registered office:

Bird Grove Farm

Hilderstone

Stone

ST15 8SL

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.

Significant judgements and estimates

The preparation of the financial statements in conformity with generally accepted accounting principles requires the Director to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results in the future could differ from those estimates. Management considers that certain accounting assumptions relating to revenue, and provisions are its critical accounting policies.

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 is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred in respect of the transaction can be measured reliably.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Going concern

Even though there are net current liabilities, this contains £279k due to the director, which will not be paid until the company is in a position to do so. There are net assets and the company is fully supported by the director.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2025

1,017,879

80,546

315,389

4,124

1,417,938

Additions

140,276

6,000

-

1,274

147,550

Disposals

(71,496

)

-

-

-

(71,496

)

At 30 April 2026

1,086,659

86,546

315,389

5,398

1,493,992

DEPRECIATION

At 1 May 2025

492,471

18,362

179,515

3,266

693,614

Charge for year

157,239

10,228

33,969

534

201,970

Eliminated on disposal

(34,772

)

-

-

-

(34,772

)

At 30 April 2026

614,938

28,590

213,484

3,800

860,812

NET BOOK VALUE

At 30 April 2026

471,721

57,956

101,905

1,598

633,180

At 30 April 2025

525,408

62,184

135,874

858

724,324

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

as restated

£

£

Trade debtors

75,954

89,803

Other debtors

5,247

27,120

81,201

116,923

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

as restated

£

£

Bank loans and overdrafts

2,281

5,008

Hire purchase contracts

3,750

43,125

Trade creditors

48,152

376,017

Taxation and social security

3,191

1,048

Other creditors

278,628

89,532

336,002

514,730

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.26

30.4.25

as restated

£

£

Hire purchase contracts

-

3,750